 Romania's International Exposure in the Context of the Crisis (Enghish version)Associate Professor Ph.D. Alexandru Trifu () and
Lecturer Ph.D. Diana-Viorica Lupu ()
Anuarul Universitatii „Petre Andrei” din Iasi / Year-Book „Petre Andrei” University from Iasi, Fascicula: Drept, Stiinte Economice, Stiinte Politice / Fascicle: Law, Economic Sciences, Political Sciences, 2010, vol. 1, issue 5, 109-120 Abstract: First of all, Romanian foreign trade has passed through structural changes since the decision of following the European economic rules, being part of European Union. Until the end of 2008, on the back of strong growth in the internal demand and because of important investment needs, imports have overwhelmed the exports, leading to a deep deficit in our commercial balance. We consider this moment a breakpoint, between the rate of economic growth (about 9% in 2008), one of the highest rate within European space and the manifestation of the crisis. These impacts of the economic and financial crisis found an instable economic structure and discrepancies in different macroeconomic balances, like foreign trade balance, in a word, a weak economy, not prepared for such events. Keywords: crisis; Romania; investment; labour force; economic growth (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:lum:rev11d:v:1:y:2010:i:5:p:109-120 Access Statistics for this article More articles in Anuarul Universitatii „Petre Andrei” din Iasi / Year-Book „Petre Andrei” University from Iasi, Fascicula: Drept, Stiinte Economice, Stiinte Politice / Fascicle: Law, Economic Sciences, Political Sciences from Editura Lumen, Department of Economics |
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