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The impact of the economic and financial crisis on the public health food and tourism units in Romania

Margareta Peneoasu (), Bica Zorlescu () and Cristina Andrei ()
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Margareta Peneoasu: PhD. Student, „Valahia” University from Targoviste, Romania
Bica Zorlescu: PhD. Student, „Valahia” University from Targoviste, Romania
Cristina Andrei: PhD. Student, „Valahia” University from Targoviste, Romania

Romanian Journal of Economics, 2015, vol. 41, issue 2(50), 247-259

Abstract: The problem of people and countries is laziness and indifference in finding solutions to this kind of situations”, this quotation of Albert Einstein is representative in defining “the financial crisis”. This being said, from the beginning of the crisis, there were false pretences of the economic growth which, by the actors involved, consumers have determined chaotic expenses/uncontrolled consumption and a rapid expansion of the capital markets. This determined the premises of the economic and financial crisis in most European countries. The negative effects of the specific initial phase of the new crisis came from the internationally reported problems. They were felt in Romania from the very beginning of 2008 as a result of the international financial crisis and they were measured, from a quantitative point of view, by professionals/ analysts and bankers. This paper desires to be a presentation of the effect problematic which the Romanian financial and economic crisis exerts over the investments made in health food and tourism units and over their potential to overcome constraints/barriers which have appeared.

Keywords: economic and financial crisis; investments; economic potential; fighting effects; public health and tourism (search for similar items in EconPapers)
JEL-codes: M40 M41 (search for similar items in EconPapers)
Date: 2015
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