THE CURRENT CONTEXT OF THE ROMANIAN ECONOMY AND THE EVOLUTION OF THE MAIN MACROECONOMIC INDICATORS

Alina Hagiu, Marinela Bărbulescu

Abstract


Due to close trade links with both Russia and Ukraine, Central and Eastern Europe has been in the spotlight since the beginning of the conflict. Romania, in particular, faced the urgent need to adjust its macroeconomic imbalances even before the outbreak of hostilities. Rising imported inflation is likely to put pressure on nominal interest rates further, reducing consumers' purchasing power and limiting economic growth in the short term. Even so, with the right policies to encourage investment and stimulate long-term growth, Romania could weather the crisis more easily. The paper aims to analyze the evolution of Romania's main macroeconomic indicators in the context of the coronavirus pandemic and the war in Ukraine. The paper aims to analyze the evolution of Romania's main macroeconomic indicators in the context of the coronavirus pandemic and the war in Ukraine.

Keywords


economic growth; competitiveness; agriculture; macroeconomic indicators

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References


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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

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