FINANCIAL CRISIS IMPACT ON CONSTRUCTION AND REAL ESTATE SECTORS IN ROMANIA

Florina Mocanu
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Florina Mocanu: Valahia University in Târgoviste

Romanian Economic Business Review, 2009, vol. 4, issue 3, 127-136

Abstract: This paper presents the evolution of construction and real estate sectors in Romania in the context of current financial crisis, highlighting the internal and international economic climate. The evolutions of the main macroeconomic indicators and sectoral factors of influence on them are presented. Construction and real estate sectors are particularly affected by the worsening perception of the risk, of financing difficulties, doubling the risk of liquidity with the solvency one.

Keywords: financial crisis; construction sector; gross domestic product; added value; liquidity (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rau:journl:v:4:y:2009:i:3:p:127-136

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