A EUROPEAN PERSPECTIVE OVER ROMANIA’S ECONOMIC INTEGRATION IN THE EU

Melinda Plescan ()
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Melinda Plescan: Faculty of Business, Babes-Boyai University, Cluj-Napoca, Romania

JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, 2009

Abstract: The present economic climate is openly acknowledged as worsening in all EU countries of the region, cooling further in Central and Eastern Europe. Expectations for world trade in the close future indicate that on a worldwide scale export and import volume will strongly decline during the following year. The individual countries’ performances, both current and projected, are not uniform. Countries such as Bulgaria and Romania, registered a huge negative trade balance due to excessive consumer credits used for buying imported goods. Consumption grew instead of the investments.

Keywords: global economy; Romania; economic integration (search for similar items in EconPapers)
JEL-codes: O52 (search for similar items in EconPapers)
Date: 2009
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http://tbs.ubbcluj.ro/RePEc/bbn/journl/2009_3_12_Plescan.pdf Revised version, 2009 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:bbn:journl:2009_3_12_plescan

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