Investments Role in Romania in the Process of Transition to Market Economy

Zaharica Florea Ianc
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Zaharica Florea Ianc: D.G.F.P. GORJ

Annals of the University of Petrosani, Economics, 2007, vol. 7, 179-182

Abstract: Whatever the social structure or the political system, the investments represented and still represent a crucial factor for economic and social development through their volume, structure and quality. An analysis of the investments role in our country can be achieved only by using its two hypostases: Retrospective one , Prospective one. In retrospective context, one may notice the assiduous use of investments in economic and social development, especially in the 7-9th decades of the 20th century in Romania. This is possible in a statist economy, almost integrally based on the power monopoly over the private propriety. In prospective context, the investments role is amplified and diversified, taking into account the complexity of the transition process of our country to a market economy, as well as the implications of economic, social and political reform started in 1990.

Keywords: investment; process of transitionb; market economii; retrospectiv one; prospective one (search for similar items in EconPapers)
Date: 2007
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