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On the Economic Development of Romania as a Member of EU in the Frame of the Global Economic Crisis

Author

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  • Bucur Iulia Andreea

    (“Vasile Alecsandri” University of Bacãu)

Abstract

Each country has its specific features and because of that, the evolutions of some indicators such as inflation, real exchange rate, current account, GDP, competitiveness, employment, and others, as well as trends determinants of real economic imbalances and improvement of divergence differs compared to other countries. In this paper we investigate, in a retrospective analysis, how Romania reacts as a member state of the European Union on its road to European Monetary Union amid intensifying the effects of the global economic crisis, and particularly those who included euro area.

Suggested Citation

  • Bucur Iulia Andreea, 2013. "On the Economic Development of Romania as a Member of EU in the Frame of the Global Economic Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 152-157, May.
    • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:1:p:152-157
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    File URL: http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2013p1.pdf
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    References listed on IDEAS

    as
    1. Anonymous, 1949. "Council of Europe," International Organization, Cambridge University Press, vol. 3(4), pages 729-732, November.
    2. Anonymous, 1949. "Council of Europe," International Organization, Cambridge University Press, vol. 3(3), pages 551-552, August.
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    Cited by:

    1. Iulia Andreea Bucur & Simona Elena Dragomirescu, 2014. "The Influence Of Macroeconomic Conditions On Credit Risk: Case Of Romanian Banking System," Studies and Scientific Researches. Economics Edition, "Vasile Alecsandri" University of Bacau, Faculty of Economic Sciences, issue 19.

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    More about this item

    Keywords

    economic growth; current account deficit; export and import of goods and services; foreign direct investment; Romanian banking system;
    All these keywords.

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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