Romania’s Economic Growth

Ioneci Mihaela (), Antonescu Eugenia () and Mîndreci Georgiana ()
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Ioneci Mihaela: Constantin Brâncoveanu University Faculty of Management Marketing in Economic Affairs, Piteºti
Antonescu Eugenia: Constantin Brâncoveanu University Faculty of Management Marketing in Economic Affairs, Piteºti
Mîndreci Georgiana: Constantin Brâncoveanu University Faculty of Juridical, Administrative and Communication Studies, Piteºti

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 551-553

Abstract: The correlation of the economic growth with the inflation rate in the Romanian economy allows observing the mistakes from the past and avoiding them in the present and future. The analysis of these two indicators demonstrates that the views according to which the economic growth was rapid and healthy are not supported by the changes at the macroeconomic level after 2009. Bridging the gap between the Romanian and the European economy has suffered a strong setback once with the crisis. The reduction of the gaps must be built on sustainable economic growth and on an investment-based economy.

Keywords: GDP; inflation rate; inflationary growth; non-inflationary growth (search for similar items in EconPapers)
JEL-codes: E O (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:12:p:551-553

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