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Crestere economica, acumulare si dezechilibre în România perioadei comuniste

Author

Listed:
  • Iancu, Aurel

    (Institutul National de Cercetari Economice al Academiei Române)

  • Pavelescu, Florin Marius

    (Institutul de Economie Nationala)

Abstract

The main economic results of the Romanian centralized planification and the dictatorial policy applied in Romania during the 1948-1989 period are analysed in this paper. During the first stage known as an extensive development, Romania was industrialized and almost the whole economic branches were modernized by a huge resource mobilization. In the circumstances of the obsession of high rates of growth, the heavy industry priority, the very high accumulation rates and the rejection of any elementary market mechanism, the socialist economic system was driven to a very deep and irreversible crisis.

Suggested Citation

  • Iancu, Aurel & Pavelescu, Florin Marius, 2018. "Crestere economica, acumulare si dezechilibre în România perioadei comuniste," Studii Economice 180411, Institutul National de Cercetari Economice (INCE).
    • Handle: RePEc:ror:seince:180411
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    More about this item

    Keywords

    centralized planification; resource mobilization; high accumulation rates; heavy industry; extensive development; crisis of the economic system;
    All these keywords.

    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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