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The Social - Economic State Of Romania Under The Impact Of Crisis

Author

Listed:
  • CONSTANTIN ANGHELACHE

    (BUCHAREST UNIVERSITY OF ECONOMIC STUDIES / ARTIFEX UNIVERSITY OF BUCHAREST)

  • MADALINA GABRIELA ANGHEL

    (ARTIFEX UNIVERSITY OF BUCHAREST)

  • STEFAN VIRGIL IACOB

    (ARTIFEX UNIVERSITY OF BUCHAREST)

Abstract

The socio-economic evolution of all the states of the world is currently influenced by the "concentration" of crises that affect inthe eaging socio-economic situation. Thus, the pandemic crisis triggered the financial and economic crisis, then the energy crisis, the food crisis and, finally, the European security crisis appeared due to the armed conflict (război) Ukraine – the Russian Federation. In this article, the authors aim to highlight how these crises that we have mentioned, concentrated, have an effect that can become disastrous for the entire population of Europe and, why not, more broadly, of mankind. In order to achieve this goal, we used the methodology that is based on statistical indicators (dynamics indicators, structural indicators, indicators of macroeconomic evolution as well as of the standard of living), logical analysis, the use of statistical-econometric models that highlight how the socio-economic life is influenced by these crises that we have to bear. To highlight the fact that if, based on forecasts, these crises with an effect on the economy continue, some countries, if not the entire economy, may enter into recession. In presenting these aspects, based on the mentioned methodology, we also used graphical representations, synthetic tables, all obtained from the data vases of the National Institute of Statistics, Eurostat, the OECD or other sources, such as the European Union or international statistical bodies.

Suggested Citation

  • Constantin Anghelache & Madalina Gabriela Anghel & Stefan Virgil Iacob, 2022. "The Social - Economic State Of Romania Under The Impact Of Crisis," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 29-39, August.
  • Handle: RePEc:cbu:jrnlec:y:2022:v:4:p:29-39
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    References listed on IDEAS

    as
    1. Linh Tu Ho & Christopher Gan, 2021. "Foreign Direct Investment and World Pandemic Uncertainty Index: Do Health Pandemics Matter?," JRFM, MDPI, vol. 14(3), pages 1-15, March.
    2. Constantin Anghelache & Mădălina-Gabriela Anghel & Ștefan Virgil Iacob & Mirela Panait & Irina Gabriela Rădulescu & Alina Gabriela Brezoi & Adrian Miron, 2022. "The Effects of Health Crisis on Economic Growth, Health and Movement of Population," Sustainability, MDPI, vol. 14(8), pages 1-22, April.
    3. María M. Carballo & Jorge E. Araña & Carmelo J. León & Sergio Moreno-Gil, 2015. "Economic Valuation of Tourism Destination Image," Tourism Economics, , vol. 21(4), pages 741-759, August.
    4. Laborda, Ricardo & Olmo, Jose, 2021. "Volatility spillover between economic sectors in financial crisis prediction: Evidence spanning the great financial crisis and Covid-19 pandemic," Research in International Business and Finance, Elsevier, vol. 57(C).
    Full references (including those not matched with items on IDEAS)

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