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POSSIBLE EVOLUTIONS OF THE ROMANIAN ECONOMY (MACROMODEL ESTIMATIONS)

Emilian Dobrescu ()

Journal for Economic Forecasting, 2003, issue 5, 32-63

Abstract: This article presents alternative scenarios of macroeconomic dynamics for Romania. The author starts by presenting the structure of the model used for simulations. Two scenarios are developed for the 2003-2010 period. The first one, the desirable scenario, embodies performances envisaged in the 2001-2003 versions of the „Pre-Accession Economic Programme”. The second one, a more moderate one, involves a more relaxed income policy and slower dynamics of the external competitiveness of the Romanian economy.

Keywords: economic models; macroeconomics; forecasting; economic growth (search for similar items in EconPapers)
JEL-codes: C51 C53 E23 E37 (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:rjr:romjef:v::y:2003:i:5:p:32-63

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