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Romania's Role in the Current International Economic Context through Domestic Macroeconomic Developments

Author

Listed:
  • Elena GURGU

    (SpiruHaret University, Ion Ghica, no. 13, Bucharest, 030045, Romania)

  • Raluca Ileana ZORZOLIU

    (Spiru Haret University, Faculty of Economic Sciences)

Abstract

The purpose of this article is to highlight Romania’s role in the current international economic context. The analysis herein refers to the domestic macroeconomic developments of our country in 2015, which will influence in the future the evolution of the Romanian economy. In this article we will cover Romania's current international position, Romania's external position, the developments in the labour market from Romania, as well as the international context in which our country finds itself also.

Suggested Citation

  • Elena GURGU & Raluca Ileana ZORZOLIU, 2016. "Romania's Role in the Current International Economic Context through Domestic Macroeconomic Developments," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 3(1), pages 37-44, October.
    • Handle: RePEc:icb:wpaper:v:3:y:2016:i:1:37-44
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    References listed on IDEAS

    as
    1. Carmen M. Reinhart & Vincent Reinhart & Christoph Trebesch, 2016. "Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815-2015," American Economic Review, American Economic Association, vol. 106(5), pages 574-580, May.
    2. Erten, Bilge & Ocampo, José Antonio, 2013. "Super Cycles of Commodity Prices Since the Mid-Nineteenth Century," World Development, Elsevier, vol. 44(C), pages 14-30.
    3. Frankel, Jeffrey A., 2014. "Effects of speculation and interest rates in a “carry trade” model of commodity prices," Journal of International Money and Finance, Elsevier, vol. 42(C), pages 88-112.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    macroeconomic indicators; inflation rate; deficit; financial sector; banking sector; direct foreign investment; current account; economic growth; internal and external balances;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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