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SYSTEMS OF INDUSTRIAL INDICATORS – IN A CONTEXT DOMINATED BY THE NATIONAL FORECASTING COMMISSION’S ANTICIPATIONS

Gheorghe Săvoiu

Romanian Statistical Review Supplement, 2017, vol. 65, issue 8, 121-129

Abstract: Using conjuncture indicators in projective estimates, together with making best use of the anticipations of the National Forecasting Commission, plays an important role in conducting economic decision-making, facilitating confrontation of a business with its specific cycle, nationally, in keeping with the statistical data of the NSI and Eurostat, thus supporting the entrepreneurs or managers during the economic cycles. After a brief introduction, the paper synthetically presents some systems of statistical indicators in the literature, and later, after a brief methodological section, it focuses on the magic quadrilateral and the pentagon of Romania’s macroeconomic strategy for 2017-2020, leaving room for some brief final remarks.

Keywords: conjuncture; statistical indicator; indicator systems; magic quadrilateral or square; pentagon of economic strategy; perennial hexagon; conjunctural octagon; strategic and tactical decagon of economic competitiveness (search for similar items in EconPapers)
JEL-codes: B22 C19 C46 O11 (search for similar items in EconPapers)
Date: 2017
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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