THE EVOLUTION OF THE ROMANIAN ECONOMY IN THE CONTEXT OF THE INTERNATIONAL CRISIS
The financial crises that have emerged and developed in the recent decades have been characterized, mostly of an international dimension, with shocks quickly propagating through capital markets, through the international banking activities and, through the money markets. Regarding the impact of the...
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Format: | Article |
Language: | deu |
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University of Oradea
2010-12-01
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Series: | Annals of the University of Oradea: Economic Science |
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Online Access: | http://anale.steconomiceuoradea.ro/volume/2010/n2/118.pdf |
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author | Miru Oana Hetes Roxana |
author_facet | Miru Oana Hetes Roxana |
author_sort | Miru Oana |
collection | DOAJ |
description | The financial crises that have emerged and developed in the recent decades have been characterized, mostly of an international dimension, with shocks quickly propagating through capital markets, through the international banking activities and, through the money markets. Regarding the impact of the current crisis on the economy of Romania, the contagion effect was transmitted through several channels, but a proper framework in this respect was created by the internal context, mainly the excessive debt. To counteract the increasingly visible effects at the level of macroeconomic indicators, the measures taken by authorities have aimed primarily at the IMF support, being essential, in the following period, to register an improvement of the current situation because, otherwise, this could constitute a real threat towards adopting the euro, putting into question even the quality of Romania's EU membership. |
first_indexed | 2024-04-13T02:06:09Z |
format | Article |
id | doaj.art-87410784aae24d6ca6f580c4e6019d5d |
institution | Directory Open Access Journal |
issn | 1222-569X 1582-5450 |
language | deu |
last_indexed | 2024-04-13T02:06:09Z |
publishDate | 2010-12-01 |
publisher | University of Oradea |
record_format | Article |
series | Annals of the University of Oradea: Economic Science |
spelling | doaj.art-87410784aae24d6ca6f580c4e6019d5d2022-12-22T03:07:27ZdeuUniversity of OradeaAnnals of the University of Oradea: Economic Science1222-569X1582-54502010-12-0112748753THE EVOLUTION OF THE ROMANIAN ECONOMY IN THE CONTEXT OF THE INTERNATIONAL CRISISMiru OanaHetes RoxanaThe financial crises that have emerged and developed in the recent decades have been characterized, mostly of an international dimension, with shocks quickly propagating through capital markets, through the international banking activities and, through the money markets. Regarding the impact of the current crisis on the economy of Romania, the contagion effect was transmitted through several channels, but a proper framework in this respect was created by the internal context, mainly the excessive debt. To counteract the increasingly visible effects at the level of macroeconomic indicators, the measures taken by authorities have aimed primarily at the IMF support, being essential, in the following period, to register an improvement of the current situation because, otherwise, this could constitute a real threat towards adopting the euro, putting into question even the quality of Romania's EU membership.http://anale.steconomiceuoradea.ro/volume/2010/n2/118.pdfcrisisrecessioncausespoliciesremedial measures |
spellingShingle | Miru Oana Hetes Roxana THE EVOLUTION OF THE ROMANIAN ECONOMY IN THE CONTEXT OF THE INTERNATIONAL CRISIS Annals of the University of Oradea: Economic Science crisis recession causes policies remedial measures |
title | THE EVOLUTION OF THE ROMANIAN ECONOMY IN THE CONTEXT OF THE INTERNATIONAL CRISIS |
title_full | THE EVOLUTION OF THE ROMANIAN ECONOMY IN THE CONTEXT OF THE INTERNATIONAL CRISIS |
title_fullStr | THE EVOLUTION OF THE ROMANIAN ECONOMY IN THE CONTEXT OF THE INTERNATIONAL CRISIS |
title_full_unstemmed | THE EVOLUTION OF THE ROMANIAN ECONOMY IN THE CONTEXT OF THE INTERNATIONAL CRISIS |
title_short | THE EVOLUTION OF THE ROMANIAN ECONOMY IN THE CONTEXT OF THE INTERNATIONAL CRISIS |
title_sort | evolution of the romanian economy in the context of the international crisis |
topic | crisis recession causes policies remedial measures |
url | http://anale.steconomiceuoradea.ro/volume/2010/n2/118.pdf |
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