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The Economic Crisis And Protectionism


  • Florica Stefănescu

    (Oradea University)


It is altogether accepted that the economic crises are a reality which the local economies or the world economy face periodically. This doesn’t mean that they manifest themselves through identical forms or that there are all-around valid crisis combat solutions or at least ways of alleviating its effects. On the contrary, every crisis has its own feature induced by the social-economical context in which it takes place, by the triggering factor, by those who establish anti-crisis measures and even by those who theorize it. Sure, there are common elements of the crises that permit the definition of the phenomenon, the analysis and the overcoming by appropriate methods but not their prevention. This study is set out to analyze the relationship between the economic crisis and the resort to protectionist measures to overcome the crisis, underlining also the alternative measures with the same end. I have also performed a case study regarding the way the economic crisis is being understood by the economic agents from Bihor County. To this end I performed a qualitative research using the semi-structured interview as a main method.

Suggested Citation

  • Florica Stefănescu, 2009. "The Economic Crisis And Protectionism," Romanian Economic Business Review, Romanian-American University, vol. 4(3), pages 199-214, September.
  • Handle: RePEc:rau:journl:v:4:y:2009:i:3:p:187-214

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