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Romania’s Economic Growth

Author

Listed:
  • Ioneci Mihaela

    (Constantin Brâncoveanu University Faculty of Management Marketing in Economic Affairs, Piteºti)

  • Antonescu Eugenia

    (Constantin Brâncoveanu University Faculty of Management Marketing in Economic Affairs, Piteºti)

  • Mîndreci Georgiana

    (Constantin Brâncoveanu University Faculty of Juridical, Administrative and Communication Studies, Piteºti)

Abstract

The correlation of the economic growth with the inflation rate in the Romanian economy allows observing the mistakes from the past and avoiding them in the present and future. The analysis of these two indicators demonstrates that the views according to which the economic growth was rapid and healthy are not supported by the changes at the macroeconomic level after 2009. Bridging the gap between the Romanian and the European economy has suffered a strong setback once with the crisis. The reduction of the gaps must be built on sustainable economic growth and on an investment-based economy.

Suggested Citation

  • Ioneci Mihaela & Antonescu Eugenia & Mîndreci Georgiana, 2012. "Romania’s Economic Growth," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 551-553, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:551-553
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    More about this item

    Keywords

    GDP; inflation rate; inflationary growth; non-inflationary growth;
    All these keywords.

    JEL classification:

    • E - Macroeconomics and Monetary Economics
    • O - Economic Development, Innovation, Technological Change, and Growth

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