ROMANIA MEASURES UNDERTAKEN TO OVERCOME THE CRISIS MACROECONOMIC POLICIES THROUGH

Mungiu-Pupazan Mariana Claudia
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Mungiu-Pupazan Mariana Claudia: CONSTANTIN BRANCUSI UNIVERSITY OF TÂRGU JIU

Annals - Economy Series, 2013, vol. 1, 92-101

Abstract: This research paper is intended to be an analysis of the measures taken by the Romanian economic recovery through levers it has at hand, namely macroeconomic policies. Current financial and economic crisis appears to be unprecedented in the last half century. Whether it's a financial crisis or an economic one, we can talk about the economy installing a pronounced instability, uncertainty and insecurity about the future. There is a significant decrease in the volume of transactions on the stock exchange, lack of trust in the financial system, a disturbance of market mechanisms.The crisis has caused and continues to cause effects in various sectors of the economy, including job losses. Following the severe global economic problems, the crisis has spread rapidly in all areas.States have been the subject of theoretical dispute for decades, and these arguments have been rekindled with interventions by governments of countries affected by the recent crisis.

Keywords: state intervention; macroeconomic policies; economic stimulus measures; fiscal policy; monetary policy (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2013:v:1:p:92-101

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