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TRENDS IN ROMANIA’S EXTERNAL TRADE, DURING THE LAST TWO DECADES

Gheorghe Săvoiu, Emilia Gogu and Alexandru Ionescu
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Emilia Gogu: Academia de Studii Economice, Bucuresti
Alexandru Ionescu: Academia de Studii Economice, Bucuresti

Romanian Statistical Review Supplement, 2016, vol. 64, issue 3, 27-42

Abstract: The paper describes, statistically and instrumentally, in a succinct yet coherent manner, the combined or disparate flows, which were partially offset, but mostly completed with a very important deficit in the last two decades’ foreign trade in the Romanian economy. After a short repertoire of a number of reference papers dedicated to the statistical analyses conducted in Romania on this issue and their authors, a major section describes some trends of the external marketing in the national economy after 1995. The signals for the past five years in the national economy are encouraging; however, progress having a destination defined by a natural surplus of Romania’s foreign trade balance, as a major pilot indicator, is a lengthy evolution, and especially one to be expected for the next decade in the most optimistic variant.

Keywords: foreign trade; export; import; coverage; unit value indices (UVI); indices of the exchange rate (search for similar items in EconPapers)
Date: 2016
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