ECONOMIC THINKING IN ROMANIA AND ITS ADAPTATION TO HISTORICAL STAGES (1848 ? 1914)

Ionescu Ion () and Bocanete Oana
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Ionescu Ion: Tomis University, City of Constanta
Bocanete Oana: Tomis University, City of Constanta

Management Strategies Journal, 2022, vol. 58, issue 4, 53-58

Abstract: In the present study, we set out to analyze an aspect that deserves to be put into practice, with priority, and which does not seem to be in the interest of those entitled to answer for it. It is about the flexibility to adapt economic aspects to the realities of the moment, i.e. to anticipate, intuit, foresee what the course of the economy would be, even if only a little before the occurrence of risky and unfortunate moments (crises), in order to counteract , diminishing or eliminating the negative effects that give all the economic parameters, back, lowers the economic rate becomes the nucleus that produces all that is worse. Although in Romania there is a specialized institution for various economic-financial forecasts, and not only that, called the Institute of Economic Forecasting, but also the National Strategy and Forecasting Commission which is organized and functions as a specialized body of the central public administration, with legal personality, let's be honest, as noted, Romania has been caught, regularly and without exception, on the wrong foot. So, we raise an alarm signal, for the urgent need for specialized forecasting and exceptional organization, from an institutional and administrative point of view, in order to recover from everything that is not efficient, at the present time

Keywords: economic ideas; mercantilism; physiocracy; free trade; protectionism (search for similar items in EconPapers)
JEL-codes: B13 B15 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:58:y:2022:i:4:p:53-58

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