Theoretical and Applied Economics
No. 4 / 2022 (633), Winter
The trend of the economic evolution in Romania in the context of crises
Bucharest University of Economic Studies, Romania; Artifex University of Bucharest, Romania
Mădălina-Gabriela ANGHEL
Artifex University of Bucharest, Romania
Ștefan Virgil IACOB
Artifex University of Bucharest, Romania
Dana Luiza GRIGORESCU
Bucharest University of Economic Studies, Romania
Abstract. Today, the world economy is facing a series of crises that are constantly acting, producing special negative effects. More recently, the energy crisis has appeared on this general background of crisis that I mentioned but also as a result of reduced resources, control over the exploitation of these resources but especially due to the Russian-Ukrainian war (Russian-Ukrainian armed conflict). In this generally unfavorable context, the world economy is facing major problems. Inflation has reached unsuspected levels, unemployment is rising, the employment rate is declining, incomes are declining, the incomes of the population are falling sharply, causing a general reduction in the standard of living, of the living standard of the population. All these are analysed, constituting the main objective of this article in which we propose to identify the evolution trend of the Romanian economy in the general context, of the European Union and more globally, in the next period. We cannot talk about a forecast that would consist in determining the evolution parameters, so that we can foreshadow, with a high probability, the perspective of the evolution of the Romanian economy in a general, European and world context.
Keywords: pandemic crisis, parameters, forecast, inflation rate, unemployment.
Contents
- Development banks –
promoters of economic development?
Dan Costin NIŢESCU
Valentin MURGU
- The nexus between global oil prices and Islamic
and conventional stock markets in the developed
and developing countries
Tuğba KAYHAN
Mustafa UYSAL
- American bilateral trade with emerging economies
and its influence on world economic recovery post Covid-19:
Analysis through VECM
G.K. CHETAN KUMAR
K.B. RANGAPPA
SUCHITRA S
- Energy poverty and the vulnerable energy consumer
in Romania: A curious case of policy schizophrenia
Corina MURAFA
- A cross country analysis
of components of economic growth
through the growth accounting approach
Yashasvi PANDEY
C.R. BISHNOI
- Financial liberalization and economic growth:
The case of Algeria
Mohammed BENAZZA
Djahida LAYATI
- Financial inclusion in sub-Saharan Africa:
Benchmarking against peer developing countries
Mahamat Ibrahim AHMAT-TIDJANI
Brou Emmanuel AKA
- Government subsidies and income inequality in Algeria:
An analytical and empirical study
Siham MATALLAH
Lahouari BENLAHCENE
Amal MATALLAH
- An analysis of the effect
of widespread unemployment on corruption
Udit MAHESHWARI
Ashutosh PRIYA
Ravi Kumar GUPTA
- The Russia-Ukraine invasion toward increasing food security
threat for population:
An empirical study using T-GARCH model
Naima BENTOUIR
- Energy consumption and economic growth nexus in Africa:
New insights from emerging economies
Obukohwo Oba EFAYENA
Enoh Hilda OLELE
Ngozi Patricia BUZUGBE
- Two conditions which induce Giffen behavior
in any numerical analysis if applied
to the Wold-Juréen (1953) utility function
Robert SPROULE
Michael KARRAS
- How large is the size of Côte d'Ivoire's informal sector?
A MIMIC approach
Paul Vivien OYIBO
Friedrich SCHNEIDER
- Cost structures, technology levels and collusion
Suryaprakash MISHRA
- The trend of the economic evolution in Romania
in the context of crises
Constantin ANGHELACHE
Mădălina-Gabriela ANGHEL
Ștefan Virgil IACOB
Dana Luiza GRIGORESCU