DIRECTIONS AND MEASURES FOR THE RE-LAUNCHING OF THE ROMANIAN ECONOMY IN THE CONTEXT OF THE WORLD ECONOMIC CRISIS

• Main Authors: Claudia Loredana JUNCU, George JUNCU
• Format: Article
• Language: English
• Published: Academica Brâncuşi 2010-09-01
• Series: Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
• Subjects: Crisis; economy; growth; budget; taxation
• Online Access: http://www.utgjiu.ro/revista/ec/pdf/2010-03/25_CLAUDIA_LOREDANA_JUNCU.pdf

The re-launching of the Romanian economy in the context of the world economic crisis can be implemented by using a set of principles and economic measures that will lead to a strict monetary policy, a fiscal and budgetary discipline as well as a reduction of the inflation. This paper presents a series of reforms that Romania needs in the present context, to start the process of re-launching the economy that is currently in a significant descending trend. It is necessary that all the economic and political actors participate actively in progressively meeting the competitive conditions of the Comunitary economies. Corrective, stimulating and functional measures need to be undertaken to permit the applicability towards all the actors that define the structure of the economic environment. The application and enforcement of the needed anti-crisis measures will determine a stop of the decline and the creation of the premises to economical re-launching.