 HEALTH CRISIS IMPACT OF THE CORONAVIRUS ON ROMANIAN ECONOMYSorin Grigorescu ()
Contemporary Economy Journal, 2020, vol. 5, issue 4, 180-186 Abstract: In late 2019 and early 2020, there was no sign of the health crisis that would follow within a very short time. It was on the news as a casual item about the Sars-Cov 2 virus which was affecting China at the time. Gradually, the virus spread throughout Italy reaching significant proportions in March. Ever since March 2020, the whole Romanian economic paradigm has changed; the priorities of the population and economic operators have changed within a very short time. The population’s perspectives on saving and consumption have changed, as there are only ”survival, hunger, health, ventilators, masks, disinfectants, number of Coronavirus-related cases or deaths.” The ensuing health and economic crisis required the government’s involvement and, in addition, the Romanian population perceived it as weak involvement. At the same time, from March to April 2020 which was the period of utmost concern both in terms of health protection and of food security, the importance of Romanian companies and their contribution in overcoming those difficult times were obvious. Keywords: virus; economic security; health security; economic decline; unemployment; aids and subsidies (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:5:y:2020:i:4:p:180-186 Access Statistics for this article More articles in Contemporary Economy Journal from Constantin Brancoveanu University |
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