Managing the Financial Stress Generated by the COVID-19 Pandemic in the Public System. Solutions for Economic Restart in Romania

The study submits the pragmatic analysis of the socio-economic context during the medical crisis triggered by the coronavirus pandemic and in the period immediately after it, with the identification of pertinent solutions to reduce financial stress on the public budget and to stimulate economic reco...

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Main Authors: Cristian MIRICA, Monica Laura ZLATI, Angela Eliza MICU, Silvius STANCIU, Violeta SAPIRA, Andrei Mirel FLOREA
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2020-05-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Subjects:
Online Access:http://www.eia.feaa.ugal.ro/images/eia/2020_1/Mirica_Zlati_Micu_Stanciu_Sapira_Florea.pdf
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author Cristian MIRICA
Monica Laura ZLATI
Angela Eliza MICU
Silvius STANCIU
Violeta SAPIRA
Andrei Mirel FLOREA
author_facet Cristian MIRICA
Monica Laura ZLATI
Angela Eliza MICU
Silvius STANCIU
Violeta SAPIRA
Andrei Mirel FLOREA
author_sort Cristian MIRICA
collection DOAJ
description The study submits the pragmatic analysis of the socio-economic context during the medical crisis triggered by the coronavirus pandemic and in the period immediately after it, with the identification of pertinent solutions to reduce financial stress on the public budget and to stimulate economic recovery. The objectives of the study are to identify the main factors having a strong effect on the national economy during the COVID-19 crisis and to transpose them into a financial stress management system, based on econometric modelling. The results of the study highlighted the dynamics of Romania’s socio-economic evolution in the period immediately after the pandemic and in the long run, while identifying viable solutions for economic recovery and stabilisation of both health and economic status of the population. The results of the study are useful to the profile institutions in Romania and to economic agents in identifying the approaches and strategies that could be adopted at macro and microeconomic level for economic recovery after the coronavirus pandemic crisis.
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spelling doaj.art-bbd68a633d004442b595e23fa7c5b5912022-12-22T01:09:52ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04091584-04092020-05-01261616710.35219/eai1584040982Managing the Financial Stress Generated by the COVID-19 Pandemic in the Public System. Solutions for Economic Restart in RomaniaCristian MIRICA0Monica Laura ZLATI1Angela Eliza MICU2Silvius STANCIU3Violeta SAPIRA4Andrei Mirel FLOREA5Dunarea de Jos University of Galati, RomaniaStefan cel Mare University of Suceava, RomaniaOvidius University of Constanta, RomaniaDunarea de Jos University of Galati, RomaniaDunarea de Jos University of Galati, RomaniaDunarea de Jos University of Galati, RomaniaThe study submits the pragmatic analysis of the socio-economic context during the medical crisis triggered by the coronavirus pandemic and in the period immediately after it, with the identification of pertinent solutions to reduce financial stress on the public budget and to stimulate economic recovery. The objectives of the study are to identify the main factors having a strong effect on the national economy during the COVID-19 crisis and to transpose them into a financial stress management system, based on econometric modelling. The results of the study highlighted the dynamics of Romania’s socio-economic evolution in the period immediately after the pandemic and in the long run, while identifying viable solutions for economic recovery and stabilisation of both health and economic status of the population. The results of the study are useful to the profile institutions in Romania and to economic agents in identifying the approaches and strategies that could be adopted at macro and microeconomic level for economic recovery after the coronavirus pandemic crisis.http://www.eia.feaa.ugal.ro/images/eia/2020_1/Mirica_Zlati_Micu_Stanciu_Sapira_Florea.pdfeconomic crisispandemicsars cov-2financial stresseconomic solutionstatistical model
spellingShingle Cristian MIRICA
Monica Laura ZLATI
Angela Eliza MICU
Silvius STANCIU
Violeta SAPIRA
Andrei Mirel FLOREA
Managing the Financial Stress Generated by the COVID-19 Pandemic in the Public System. Solutions for Economic Restart in Romania
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
economic crisis
pandemic
sars cov-2
financial stress
economic solution
statistical model
title Managing the Financial Stress Generated by the COVID-19 Pandemic in the Public System. Solutions for Economic Restart in Romania
title_full Managing the Financial Stress Generated by the COVID-19 Pandemic in the Public System. Solutions for Economic Restart in Romania
title_fullStr Managing the Financial Stress Generated by the COVID-19 Pandemic in the Public System. Solutions for Economic Restart in Romania
title_full_unstemmed Managing the Financial Stress Generated by the COVID-19 Pandemic in the Public System. Solutions for Economic Restart in Romania
title_short Managing the Financial Stress Generated by the COVID-19 Pandemic in the Public System. Solutions for Economic Restart in Romania
title_sort managing the financial stress generated by the covid 19 pandemic in the public system solutions for economic restart in romania
topic economic crisis
pandemic
sars cov-2
financial stress
economic solution
statistical model
url http://www.eia.feaa.ugal.ro/images/eia/2020_1/Mirica_Zlati_Micu_Stanciu_Sapira_Florea.pdf
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