The perspective of spatio-temporal variability of Romanian economy in European space

Ioan Talpos, Oana Ramona Lobont and Nicoleta Moldovan
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Nicoleta Moldovan: West University of Timisoara

Finante - provocarile viitorului (Finance - Challenges of the Future), 2010, vol. 1, issue 11, 21-25

Abstract: Interrelation of economic and financial phenomena and processes, characterized by varying degrees of intensity of events in time and space, generates, sometimes, difficulties for public authorities of all times, both economic and noneconomic nature. Disparities between countries and economic disparities and also the impact of adverse shocks on the economy represent in recent years an intense topic of debate for researchers and professionals, making up the analysis of their economic theories that shape it in time and space dynamics of various economic indicators. Since every economic size is characterized as spatial and temporal dimensions and relations of dependency with other economic indicators, the statistical approach to spatial and temporal variability of the Romanian economy, sought to highlight this trend compared with the EU, as level of development, we proposed using an index composed Romania - European Union. Outcomes show that the Romanian economy is not prepared to face competitive pressure from European Union forces, is still facing eternal problem of solving cyclical temporary shocks.

Keywords: economic and financial phenomena; economic disparities; cyclical temporary shocks (search for similar items in EconPapers)
JEL-codes: E02 F42 F43 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2010:i:11:p:21-25

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