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Efecte ale crizei financiare mondiale în sectorul logistic si auto


  • Mihaela Belu

    () (Bucharest Academy of Economic Studies, Romania)

  • Ramona Tartavulea

    () (Bucharest Academy of Economic Studies, Romania)


The international financial crisis represents a preoccupation for the economic analysts, as it is hardly a new phenomenon in the economic history of the modern world, but is raising issues regarding its future evolution, the short and long time effects upon the world economy as a whole and each and every sector of it. The purpose of this paper is to: analyze the causes that generated the crisis in the logistic and automotive industry, in an international perspective and particularly in Romania present the effects and possible scenarios for future evolution of the crisis identify the solution that have been/will be implemented by companies on these markets and analyze their viability The conclusions of our analyses are: The decrease of demand and liquidity issues in the market are causes which led to serious problems in these economic sectors, vital for persons and goods movement. The efects that have appeared are: difficulties in making the regular payments to employees, banks and business suppliers/partners. The solutions generated by managers who work in these sectors have a large range from giving free days without payment to employees, firing staff, trying to extend sales to emergent markets which are less affected by the financial crisis or create new products for better responding to the changing needs of consumers.

Suggested Citation

  • Mihaela Belu & Ramona Tartavulea, 2009. "Efecte ale crizei financiare mondiale în sectorul logistic si auto," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 12(31), pages 19-29, (1).
  • Handle: RePEc:rej:journl:v:12:y:2009:i:31:p:19-29

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    References listed on IDEAS

    1. Rainer Fehn & Thomas Fuchs, 2003. "Capital Market Institutions and Venture Capital: Do They Affect Unemployment and Labour Demand?," CESifo Working Paper Series 898, CESifo Group Munich.
    2. Engel, Dirk & Keilbach, Max, 2007. "Firm-level implications of early stage venture capital investment -- An empirical investigation," Journal of Empirical Finance, Elsevier, vol. 14(2), pages 150-167, March.
    3. Hellmann, Thomas & Puri, Manju, 2000. "The Interaction between Product Market and Financing Strategy: The Role of Venture Capital," Review of Financial Studies, Society for Financial Studies, vol. 13(4), pages 959-984.
    4. Engel, Dirk, 2002. "The Impact of Venture Capital on Firm Growth: An Empirical Investigation," ZEW Discussion Papers 02-02, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    5. Megginson, William L & Weiss, Kathleen A, 1991. " Venture Capitalist Certification in Initial Public Offerings," Journal of Finance, American Finance Association, vol. 46(3), pages 879-903, July.
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    More about this item


    financial crisis; logistic industry; logistic market;

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • L90 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - General


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