Aspects on Practice of Concession in the Romanian Economy in Inter-War Period

Popa Florina ()
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Popa Florina: Romanian Academy

Ovidius University Annals, Economic Sciences Series, 2018, vol. XVIII, issue 1, 233-238

Abstract: The restructuring and modernization of the Romanian economy and society in the interwarperiod imposed to governors, significant efforts, in order to accumulate the capital necessary toachieve the economic objectives. The insufficiency of the means necessary to accomplish the big projects meant, besides themobilization of the national resources, the attraction of the foreign capital, too, one of the forms ofits presence in the country's economy, being the concession. The paper refers to the feature of the concept of concession and the forms of its application, aswell as to the existing regulations in the epoch. Also, there are, shown examples of partnershipmanifestation in the form of concession, in some areas of the Romanian interwar economy. The conclusions emphasize the role of this form of cooperation between the Romanian capitaland the foreign ones, developed during the interwar period, by the contribution brought to theevolution of the Romanian economy.

Keywords: concession; interwar; foreign capital; partnership; public infrastructure (search for similar items in EconPapers)
JEL-codes: H41 H42 H44 H54 L32 N00 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xviii:y:2018:i:1:p:233-238

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