Romania: still in crisis (?)
DOI:
https://doi.org/10.18531/Studia.Mundi.2015.02.01.53-65Keywords:
crisis, budget, European integration, convergenceAbstract
The starting point of the study lies in the fact that it analyzes the crisis not only as the cause of economic recession, but it also presents its effects upon society.
As human development index cannot be calculated based only on economic well-being, neither is the economic development of a country sufficient to establish its place in global development ranking. The society for which a country's economy must function and develop is the other most decisive factor of development level. Society is the one to dispose of human resources, which represent the basis of national economy.
The data and results used in this study reflect that the global crisis represents the cause of recession in Romania's economy and that due to its internal economic imbalances, the country is still trapped in the rift. At the end of the study, the reader is free to decide whether the "status report" on Romania's situation is a statement or a question.
References
Balázs P. 2006: Románia és Bulgária az Unióban. Az elemző (The analyst), 4, pg. 73-88., ISSN: 1784-0356
Banca Nationala a Romaniei (The National Bank of Romania) (2010): Annual Report, Bucharest.
Bunea-Bontas, C. A. – Petre, M. C. 2009: Fiscal Policy during the current Crisis. Munich Personal RePEc Archive, Paper No. 18676, accesed on 20 January 2014, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1507170, SSRN: http://ssrn.com/abstract=1507170
Ciulu, R. 2009: Crisis Inversion Strategies – Theory or Reality in Romania of 2009. Online source accessed on: 20 January 2014,
Cotetiu, R. – Năsui V. 2010: Analysis of the evolution of Romanian economy before economic crisis. Working Paper, North University of Baia Mare.
European Central Bank (2010): EU Banking Structures. Frankfurt am Main
European Commission (2009): Five years of enlarged Europe. European Economy, No. 1.
Eurostat 2011: Statistics. Online source: http://epp.eurostat.ec.europa.eu/portal/page/portal/statistics/search_database
Human Development Reports, UNDP, 2009
Human Development Reports, UNDP, 2011
IMF, EU, EBRD… 2009: IMF, EU, EBRD: 20 milliárd eurós hitelcsomag Romániának – részletek (20 billion Euro support package to Romania – details). HVG.hu, March 25, 2009. Online source: http://hvg.hu/gazdasag/20090325_romania_imf_eu_ebrd_hitel
Jones, K. -Moon, G. (1987): Health, disease and society: A Critical Medical Geography. London – New York: Routledge and Kegan Paul Ltd, pg. 376., ISBN: 0-7102-1219-4
Marer P. 2010: A válság és Kelet-Európa. Külgazdaság, 1-2, pg. 3-31.
OECD 2010: OECD Economic Surveys: Romania 2010. OECD, Paris.
Pauwels S. – Ionita L. (2008): FDI in Romania: from low-wage competition to higher valueadded sectors. Ecfin Country Focus, vol. 5, issue 3. Online source accessed on 20 January 2014: http://ec.europa.eu/economy_finance/publications/publication11881_en.pdf
Románia Statisztikai Évkönyve 2012 (2012 Statistical Yearbook of the National Institute of Statistics, Romania), DRS Alba (Regional Office of Statistics, Alba)
Románia Statisztikai Hivatala (National Institute of Statistics, Romania)
Simon Gy. 2003: Gazdasági reformok Romániában. Külgazdaság, 7-8, pg. 57-79.
Talpos, I. – Avram, A. 2011: Considerations Regarding the Mix of Anticrisis Fiscal Policies in Romania. Theoretical and Applied Economics, 1, pg. 5-24, accessed on 18 January 2014, http://www.store.ectap.ro/articole/540.pdf
Toma, D. 2010: Austerity Measures Intensify Social Crisis in Romania. World Socialist Web Site. August 17. http://www.wsws.org/articles/2010/aug2010/roma-a17.shtml
Wilkinson, R. –Marmot, M.(2003): Social determinants of health: the solid facts. Copenhagen: WHO Press, 33 p., ISBN: 92 890 1371 0
http://logec.ro/cum-au-evoluat-veniturile-salariatilor-in-2013-comparatie-cu-europa-de-est/ (date of download: January 18, 2014)
http://logec.ro/ce-a-adus-2013-romaniei-un-sac-plin-cu-credite-neperformante/(date of download: January 18, 2014)
http://logec.ro/piata-auto-are-evolutii-contradictorii-va-creste-taxa-auto/(date of download: January 18, 2014)
Downloads
Published
Issue
Section
License
Copyright (c) 2015 Zsuzsanna Jánossy
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
A folyóirat Open Access (Gold). Cikkeire a Creative Commons 4.0 standard licenc alábbi típusa vonatkozik: CC-BY-NC-ND-4.0. Ennek értelmében a mű szabadon másolható, terjeszthető, bemutatható és előadható, azonban nem használható fel kereskedelmi célokra (NC), továbbá nem módosítható és nem készíthető belőle átdolgozás, származékos mű (ND). A licenc alapján a szerző vagy a jogosult által meghatározott módon fel kell tüntetni a szerző nevét és a szerzői mű címét (BY).
