SERVICES IN GORJ COUNTY IN ECONOMIC CRISIS SITUATIONS
Cecilia Rabontu
Annals - Economy Series, 2011, vol. 1, 280-287
Abstract:
In this paper we propose a synthetic analysis of the evolution of the tertiary sector in Gorj county under the pressure of the economic crisis that is felt now more than ever, the tertiary sector whos activities resulted in extremely diverse and constantly expanding services in our county as well. Like other regions of Romania, Gorj county is facing a new situation: after the period 2001-2008 when there has been growth, started a period marked by crisis, outcome of the effect of economic and financial crisis that broke out in the U.S. in October 2008. The economic crisis raises even more problems further enhancing poverty due to lower employment, as well as the decline in purchasing power especially among low-income population, under the impact of inflation and restrictive policies in wages, issues that are consequential to the stage of development of services in Gorj County.
Keywords: tertiary sector; economic crisis; evolutions of the tertiary sector (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2011:v:1:p:280-287
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