MACROECONOMIC INDICATORS FOR THE EVALUATION OF ROMANIAN'S ECONOMIC GROWTH

George Schin ()
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George Schin: Dunarea de Jos University of Galati, Romania

Risk in Contemporary Economy, 2014, 207-211

Abstract: This paper aims to present the levels and the evolution of the two major macroeconomic indicators, the inflation and the GDP in our country. The respective dynamics for the years 2013 and 2014 were presented, in order to perform the economic analysis. Furthermore, the forecast horizon was defined to be the 2014 - 2017 period. The evolutionof the exchange rate RON / Euro for the month of December was introduced for the forecast period. After studying the correlations for each dynamic indicator, emerges the idea that Romania has today real chances for an economic growth, above the EU average; this aspect could also lead to a significant growth of the living standards.

Keywords: economic growth; inflation; Gross Domestic Product; Eurozone; the controlled floating of the RON currency (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2014:p:207-211

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