INTERNATIONAL CONDITIONS WITH IMPACT ON THE ECONOMIC EVOLUTION OF ROMANIA

Catalin Dragoi
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Catalin Dragoi: Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania

Journal of Financial and Monetary Economics, 2024, vol. 12, issue 1, 195-202

Abstract: The global economy has been through a series of significant shocks over the past three years, the Covid-19 pandemic, supply chain disruptions, the Russia-Ukraine conflict, the rapid increase in the rate of inflation worldwide, a major increase in public debt followed by a significant increase in monetary policy interest rates by central banks. Romania's economy, like all other economies regardless of their degree of development and size, suffers both direct and indirect influences from the occurrence of unknown and unexpected events that determine the evolution of the global economy for certain periods of time. The paper aims to analyze some of the main global economic trends at the level of 2023 that influence the Romanian economy and whose knowledge at the decision-making level can help a better adaptation of the economy and implicitly a better performance.

Keywords: world economy; global trends; economical growth (search for similar items in EconPapers)
JEL-codes: E62 E66 H62 (search for similar items in EconPapers)
Date: 2024
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