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Structural Policies, Monetary and Fiscal Crisis Recovery in Romania

Author

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  • Pepi Miticã

    (“Ovidius” University of Constanta, Faculty of Economic Sciences)

Abstract

Economists have likened under graphical form, the dynamics of the current crisis in the form of letters. If after recession follows a period of growth, than it has shaped V. If after the rise follows again a new period of recession and then again an increase, then it is shaped W. It may exist and another form, the one of the letter O or, rather, of a circle. Closing the circle would mean the exit out of recession, so a reason for satisfaction and success of government policies.My opinion is that we shouldn’t joy, but on the contrary, we should worry about such a success, because the exit out of recession through retouching the entry point in recession represents the missing of the opportunity to solve the structural problems that the Romanian economy has.

Suggested Citation

  • Pepi Miticã, 2011. "Structural Policies, Monetary and Fiscal Crisis Recovery in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1020-1025, May.
    • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:1020-1025
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    More about this item

    Keywords

    sustenability; recession; inflation; financial; macro stabilization;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises

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