An Analysis of the Romanian Macroeconomic Conditions that Favored the Economic Crisis

Gina Ioan ()
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Gina Ioan: Danubius University of Galati, Romania

Acta Universitatis Danubius. OEconomica, 2013, issue 9(1), 137-149

Abstract: The paper treats a number of aspects of economic errors made in the management of Romanian economy that favored economic crisis. It identifing an excessive propensity to consume of population, an economic growth which has not led to improved openness of the Romanian economy, a pronounced development of non-tradable sector, services (trade) and construction and a more difficult development of the tradable sector: industry and agriculture and a mismatch economic policy mix with the cycle phases.

Keywords: crisis; GDP; inflation (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2013:i:1:p:137-149

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