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2012 | 93 | 45-54

Article title

World Economic Crisis and Its Effects on the Romanian Economy

Title variants

PL
Kryzys światowy i jego wpływ na gospodarkę rumuńską

Languages of publication

EN

Abstracts

EN
This paper presents the negative effects of the recent global crisis over all the countries of the world, emphasising its impact on the Romanian economy. Such unfavourable consequences are analysed at multiple levels: commercially, financially, the exchange rate, foreign direct investments or the wealth and balance issues. Concrete results are submitted, based on relevant indicators studied according to their evolution in time, stressing the causes and consequences that generated the related changes. Finally, a brief view of the subsequent trajectory of our country from the perspective of the crisis is considered.
PL
Artykuł przedstawia negatywne efekty obecnego globalnego kryzysu, podkreślając jego wpływ na gospodarkę Rumunii. Powyższe konsekwencje są analizowane na licznych poziomach: handlowym, finansowym, kursów wymiany walut, inwestycji zagranicznych, jak również problemów bogactwa i równowagi. Ukazane zostały konkretne wyniki, bazujące na adekwatnych wskaźnikach ukazujących ich ewolucję w czasie. Podkreślono też przyczyny i konsekwencje zmian. Na zakończenie rozważono współczesną trajektorię rozwoju kraju, której punktem wyjścia jest kryzys.

Year

Issue

93

Pages

45-54

Physical description

Contributors

  • Bucharest University of Economic Studies in Romania
  • University of Bucharest, Bucharest, Romania
  • University of Bucharest, Bucharest, Romania

References

  • 1. Romania: Financial Sector Stability Assesment, IMF Country Report No. 10/47, 2008.
  • 2. Constantin, D., Goschin, Z., Danciu, A. (2011). The Romanian Economy from Transition to Crisis. Retrospects and Prospects. World Journal of Social Sciences.
  • 3. Fiscal Romanian Council (2011). Raport anual - Evoluţii şi perspective macroeconomice şi bugetare (Yearly Report - Macroeconomic and Budgetary Evolutions and Perspectives).
  • 4. Florea, L. (2010). Statul vede o stagnare a investitiilor directe, dar investitorii se asteapta la scadere (The State Sees a Stagnation of Direct Investments, but Investors Foresee a Dropdown), http://www.wall-street.ro/ articol/ Economie/89844/Statul-vede-o-stagnare-a-investitiilor-directedar- investitorii-se-asteapta-la-scadere.html, retrieved at January 4th, 2012.
  • 5. Isarescu, M. (2009). Criza financiara internaţională si provocări pentru politica monetara din România (International Financial Crisis and Challenges for the Romanian Monetary Policy), http://www.topbusiness.ro/romania/archive/article/criza+financiara+inter nationala+si+provocari+pentru +politica+monetara+din+Romania+%28I % 29.html, retrieved at December 17th, 2011.
  • 6. Isarescu, M. (2010). Deficitul de cont curent ar putea spori la 6% din PIB in 2010 (The Current Account Deficit Could Reach 6% in 2010), http://www.wall-street.ro/articol/Economie/83883/BNR-Deficitul-de-contcurent- ar-putea-spori-la-6-din-PIB-in-2010.html, retrieved at December 17th, 2011.
  • 7. National Bank of Romania (BNR) (2011). Balanţa de plăţi şi datoria externă (Payment Balance and External Debt), http://www.bnr.ro/page.aspx?prid=6336, retrieved at January 3rd, 2011.
  • 8. National Bank of Romania (BNR) (2011). Raport asupra inflaţiei 2011 (Report of Inflation for 2011), Anul VII, nr. 26, p.11-17.
  • 9. National Commission for Prognosis of Romania (2009), Proiectia principalilor indicatori macroeconomici pentru 2009-2014 (The Projection of Main Macroeconomic Indicators for 2009-2014), September 2009.
  • 10. National Institute of Statistics (INS) (June, September and December 2011). Official Statements, http://www.insse.ro, retrieved at December 21st, 2011, December 28th, 2011, January 14th, 2012.
  • 11. Necula, F. (2011). The Economist: Anul 2012 va fi greu pentru economia Romaniei (The Economist: Year 2012 will Be Difficult for the Romanian Economy), http://www.ziare.com/economie/buget/the-economist-anul 2012-va-fi-greu-pentru-economia- romaniei-1138676, retrieved at February 2nd, 2012.
  • 12. Orgona, C. (2009). Aderarea la Uniune a transformat Romania in piata de desfacere pentru produsele "Made in UE" (Romanian Adhesion to UE Transformed It into a Selling Market for the "UE Made" Products), based on Insured data, http://economie.hotnews.ro/stiri-consumator- 6272077-adera rea-uniune-transformat-romania-piata-desfacerepentru- produsele-made. htm, retrieved at December 23rd, 2011.
  • 13. Sisu, I. (2011). Cum a evoluat PIB-ul Romaniei in ultimii 20 de ani (The Evolution of the Romanian GDP during the Last 20 Years), http://www.corectnews.com/business/finante-banci/cum-evoluat-pib-ulromaniei -ultimii-20-de-ani, retrieved at November 26th, 2011.
  • 14. The Romanian Government (2010). Programul de convergenţă 2009-2012 (Convergence Programme for 2009-2012).
  • 15. Wall.Street Editors (according to BNR) (2010). Datoria externa a Romaniei a crescut cu 8,7% la finalul lui 2009 (The External Debt of Romania Increased by 8.7% by the End of 2009), http://www.wallstreet. ro/articol/Economie/80150/ Datoria-externa-a-Romaniei-a-crescut-cu-8-7-la-finalul-lui-2009.html, retrieved at January 17th, 2012.
  • 16. Zaman G., Georgescu G. (2009), Crise financière : causes, effets, remèes, Les Annales de l'Université Valahia de Târgoviste, Section : Sciences Economiques, XVIeme Annee, No.28.

Notes

PL
Pełny tekst artykułu umieszczono za zgodą wydawcy. Tekst ten jest również dostępny w internecie na stronie Wydziału Zarządzania Uniwersytetu Przyrodniczo-Humanistycznego w Siedlcach

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-cf654dc3-6bcf-4159-b4d8-f02e36029e22
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