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Macroeconomic Indicators For The Evaluation Of Romanian'S Economic Growth

Author

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  • George SCHIN

    (Dunarea de Jos University of Galati, Romania)

Abstract

This paper aims to present the levels and the evolution of the two major macroeconomic indicators, the inflation and the GDP in our country. The respective dynamics for the years 2013 and 2014 were presented, in order to perform the economic analysis. Furthermore, the forecast horizon was defined to be the 2014 - 2017 period. The evolutionof the exchange rate RON / Euro for the month of December was introduced for the forecast period. After studying the correlations for each dynamic indicator, emerges the idea that Romania has today real chances for an economic growth, above the EU average; this aspect could also lead to a significant growth of the living standards.

Suggested Citation

  • George SCHIN, 2014. "Macroeconomic Indicators For The Evaluation Of Romanian'S Economic Growth," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 207-211.
  • Handle: RePEc:ddj:fserec:y:2014:p:207-211
    as

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    References listed on IDEAS

    as
    1. Olivier Blanchard & Giovanni Dell’Ariccia & Paolo Mauro, 2010. "Rethinking Macroeconomic Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(s1), pages 199-215, September.
    2. Wolfgang Schäuble, 2012. "Doctor Honoris Causa," Society and Economy, Akadémiai Kiadó, Hungary, vol. 34(3), pages 381-385, September.
    3. Olivier Blanchard & Giovanni Dell'Ariccia & Paolo Mauro, 2010. "Rethinking Macroeconomic Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(s1), pages 199-215, September.
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