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Romania’s Main Role in the Current Global Economic Context

Author

Listed:
  • Gurgu, Elena

    (Spiru Haret University)

  • Zorzoliu, Raluca

    (Spiru Haret University)

Abstract

The purpose of this article is to highlight Romania’s role in the current international economic context. The analysis herein refers to the domestic macroeconomic developments of our country in 2015, which will influence in the future the evolution of the Romanian economy. In this article we will cover Romania’s current international position, Romania's external position, the developments in the labour market from Romania, as well as the international context in which our country finds itself also.

Suggested Citation

  • Gurgu, Elena & Zorzoliu, Raluca, 2016. "Romania’s Main Role in the Current Global Economic Context," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 16(3), pages 19-36.
    • Handle: RePEc:ris:sphecs:0246
    as

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    References listed on IDEAS

    as
    1. Carmen M. Reinhart & Vincent Reinhart & Christoph Trebesch, 2016. "Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815-2015," American Economic Review, American Economic Association, vol. 106(5), pages 574-580, May.
    2. Borio, Claudio, 2014. "The financial cycle and macroeconomics: What have we learnt?," Journal of Banking & Finance, Elsevier, vol. 45(C), pages 182-198.
    3. Rey, Hélène, 2015. "Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence," CEPR Discussion Papers 10591, C.E.P.R. Discussion Papers.
    4. Frankel, Jeffrey A., 2014. "Effects of speculation and interest rates in a “carry trade” model of commodity prices," Journal of International Money and Finance, Elsevier, vol. 42(C), pages 88-112.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. MOHAJAN, Haradhan Kumar, 2018. "Analysis Of Food Production And Poverty Reduction Of Bangladesh," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 9(1), pages 191-205.
    2. IONESCU, Luminița, 2017. "Errors And Fraud In Accounting. The Role Of External Audit In Fighting Corruption," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 17(4), pages 29-36.
    3. STĂNESCU, Ioan Aurelian & GURGU, Elena, 2019. "The Strategy Of Promoting And Selling Medicines On The Romanian Market," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 19(4), pages 97-112.

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    More about this item

    Keywords

    macroeconomic indicators; inflation rate; deficit; financial sector; banking sector; direct foreign investment; current account; economic growth; internal and external balances;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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