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Macroeconomic Evolution in Romania’s Development Regions within the Current Economic- Financial Crisis

Mariana Nicolae-Balan () and Alina Solomon ()
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Alina Solomon: ”Dimitrie Cantemir” Christian University of Bucharest, Faculty of Finances, Banks and Accountancy

Scientific Bulletin - Economic Sciences, 2010, issue 9, 29-38

Abstract: Development disparities between regions and within Romania have existed both in the period before Romania joined the European Union and after January 1, 2007. This phenomenon has gained momentum because of the impact of economic restructuring, particularly in mono-industrial areas, whose population has been affected by unemployment due to closure of unprofitable state enterprises. Financial crisis and economic impact of accession on growth in the eight development regions of Romania in 2007 produced no changes in their rankings as the index of regional disparity, even though for some, its value has increased from 2006. This paper presents a comparative analysis of developments in macroeconomic indicators in developing regions of Romania.

Keywords: development regions; administrative-territorial structures; regional disparities; aging; educational level (search for similar items in EconPapers)
JEL-codes: I21 J11 J21 J60 P25 (search for similar items in EconPapers)
Date: 2010
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