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Marele pericol care planează asupra economiei
[The Danger which Hangs Over the Romanian Economy]

Author

Listed:
  • Georgescu, George

Abstract

The study is focusing on excessive current account deficits accumulation which is endangering the perspectives of Romania’s long-term external financial position. In order to reveal the real drivers of current account balance, the development of two distinctly components of the foreign trade has been examined, the importance of IPT (Inward Processing Trade) being highlighted.

Suggested Citation

  • Georgescu, George, 2004. "Marele pericol care planează asupra economiei [The Danger which Hangs Over the Romanian Economy]," MPRA Paper 23795, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:23795
    as

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    File URL: https://mpra.ub.uni-muenchen.de/23795/1/MPRA_paper_23795.pdf
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    References listed on IDEAS

    as
    1. George GEORGESCU, 2004. "Fenomenul perfectionarii active: un “rau necesar” sau o sansa pentru Romania?," Romanian Journal of Economics, Institute of National Economy, vol. 18(1(18)), pages 43-53, June.
    2. Robert Feenstra & Gordon Hanson, 2001. "Global Production Sharing and Rising Inequality: A Survey of Trade and Wages," NBER Working Papers 8372, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Georgescu, George, 2005. "Parametrii macroeconomici în derivă [Economic Parameters Turn Adrift]," MPRA Paper 26319, University Library of Munich, Germany.
    2. Georgescu, George, 2006. "Comerţul exterior scufundă barca economiei româneşti [Foreign Trade is Sinking the Romanian Economy Boat]," MPRA Paper 24012, University Library of Munich, Germany.

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    More about this item

    Keywords

    Inward Processing Trade; Current Account; Economic Growth; External Debt.;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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