The Economic Dimension of A Decision on a Territorial Exchange: Southern Bessarabia for Northern Dobruja

Razvan Stefanescu and Ramona Dumitriu
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Razvan Stefanescu: Dunarea de Jos University of Galati, Romania
Ramona Dumitriu: Dunarea de Jos University of Galati, Romania

Risk in Contemporary Economy, 2019, 226-236

Abstract: A territorial change could have complex economic consequences for both the country that annexed a province and the country that lost it. This paper approaches the economic aspects of the territorial exchange from 1878, when Romania received the Northern Dobruja as a compensation for losing Southern Bessarabia. The economic potential of Northern Dobruja played a major role in the controversial decision of the Romanian Government to accept, de facto, the territorial exchange.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2019:p:226-236

DOI: 10.35219/rce2067053226

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