THE IMPACT OF RESTRUCTURING UPON THE ECONOMIC SYSTEM

Laurentiu Radu
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Laurentiu Radu: Institute for Studies in Social Sciences and Humanities "C.S. Nicolaescu-Plopsor" – Romanian Academy

Annals of University of Craiova - Economic Sciences Series, 2014, vol. 2, issue 42, 32-38

Abstract: Achieving economic objectives means meeting requirements of efficiency, profitability and profit. Restructuring phenomenon becomes part of the strategic thinking regarding the process of refurbishment and modernization through continuous adaptation to the economic structural changes. This phenomenon that is increasing in many countries, due to the mechanisms of transition to the market economy and especially the recession one, makes it necessary a broader approach in looking for ways to anticipate and manage, so that economic and social impacts to be mitigated by the creation of harmonious and sustainable national structures.

Keywords: restructuring; economic structures; strategies; labor productivity; economic progress (search for similar items in EconPapers)
JEL-codes: F2 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:2:y:2014:i:42:p:32-38

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