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Assessing the macroeconomic challenges in Romania after the economic and financial crisis

Year: 2024

Type: article

Abstract: This paper aims to provide an analysis of Romania`s macroeconomic situation during the period 2012-2023. The shock caused by the economic and financial crisis followed later by the COVID-19 pandemic, led to the deterioration of key economic and social indicators, such as economic growth, GDP per capita, the unemployment rate, the NEETs rate, and other socioeconomic indicators. Romania has undergone that was relatively adequate in terms of economic development in the post-crisis period, but further efforts and progress are needed to ensure a proper balance between the social objectives and fiscal targets.

Source: RePEc: Research Papers in Economics

Author: Maria-Daniela TUDORACHE

Language: English

Topic: Post-Communist Economic and Political Transition

Subfield: Political Science and International Relations

Field: Social Sciences

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W7017395358

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