Competition on the Global Shipbuilding Market under the Global Crisis Impact

Romeo Ionescu ()
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Romeo Ionescu: Danubius University of Galati, Romania

Acta Universitatis Danubius. OEconomica, 2011, issue 5(5), 5-15

Abstract: The paper deals with the analysis of the shipbuilding activity under the new conditions of the global crisis. The method of research is the comparative analysis used on two levels: global and European. The research is important and actual because Romania became one of the most important players in the European shipbuilding indystry. Even if the analysis is focused on the economic performance, it describes the social impact of the crisis by using the evolution of the employees’ number, the output trend in connection with wages and total revenues, etc. The main conclusion of the paper is that Europe losted its main position on the world shipbuilding market and presents a comparative disadvantage related to its Asian competitors. The whole analysis is supported by pertinent statistical tables and diagrams and uses the latest official statistic databasis.

Keywords: worldwide shipbuilding market; shipyards’ facilities; order book; new orders; delivered orders. (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2011:i:5:p:5-15

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