ROMANIA MEASURES UNDERTAKEN TO OVERCOME THE CRISIS MACROECONOMIC POLICIES THROUGH

• Main Author: MUNGIU-PUPĂZAN MARIANA CLAUDIA
• Format: Article
• Language: English
• Published: Academica Brâncuşi 2013-02-01
• Series: Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
• Subjects: state intervention; macroeconomic policies; economic stimulus measures; fiscal policy; monetary policy
• Online Access: http://www.utgjiu.ro/revista/ec/pdf/2013-01/12_Mungiu%20Claudia.pdf

This research paper is intended to be an analysis of the measures taken by the Romanian economic recoverythrough levers it has at hand, namely macroeconomic policies. Current financial and economic crisis appears to beunprecedented in the last half century. Whether it's a financial crisis or an economic one, we can talk about theeconomy installing a pronounced instability, uncertainty and insecurity about the future. There is a significantdecrease in the volume of transactions on the stock exchange, lack of trust in the financial system, a disturbance ofmarket mechanisms.The crisis has caused and continues to cause effects in various sectors of the economy, includingjob losses. Following the severe global economic problems, the crisis has spread rapidly in all areas.States have beenthe subject of theoretical dispute for decades, and these arguments have been rekindled with interventions bygovernments of countries affected by the recent crisis.