ECONOMIC AND FINANCIAL CRISIS IMPACT ON ROMANIA ALONG TIME

• Main Authors: Gheorghe GRIGORESCU, Gabriel SANDA
• Format: Article
• Language: English
• Published: Academica Brâncuşi 2013-06-01
• Series: Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
• Subjects: crisis economic; social responsibility; absorption of EU funds; economic recovery
• Online Access: http://www.utgjiu.ro/revista/ec/pdf/2013-03/31_Grigorescu%20Gheorghe,%20Sanda%20Gabriel.pdf

Five years after the onset of the strongest economic crisis that has seen a global economy, the world still seems to be far from solved problems. Neither Romania is no exception, sustainable economic recovery we all want is (for now) only hope. We have allowed the material to make some suggestions on how the economy might revive. We talked first about the vital need for revival of investment, supporting them through tax incentives to entrepreneurs. I then point the better absorption of European funds, the source of revival of the Romanian economy. Also advocate for greater accountability in spending public money, so terms like necessity, opportunity and social need not remain only in books, but to be used effectively in the allocation of budgetary resources. We detailed several times how I propose we approached the Romanian economy and revitalize major role essential, you must have it in technical and scientific economic recovery. The regret of not having experience in macroeconomics, in order to put more ideas on the table, still think that the detailed material could give thought to avid readers.