A Presentation of a Set of Macroeconomic Indicators to Evaluate the Economic Sustainability in Romania

• Main Author: Ionescu Gabriela
• Format: Article
• Language: English
• Published: Sciendo 2018-12-01
• Series: Studies in Business and Economics
• Subjects: sustainability; macro-economy; cyclicity
• Online Access: https://doi.org/10.2478/sbe-2018-0034

The paper examines from an empirical point of view the state of economic sustainability of Romania on the period 2007 - 2017. To this end, a set of macroeconomic indicators for sustainability was used. To be mentioned this set of indicators is elaborated within The Centre for Financial and Monetary Research "Victor Slăvescu", in its annual publication named "Financial stance of Romania". Although the obtained results in the past are coherent with the main macroeconomic dynamics on the analysed period, it seems that these results must be correlated with the so-called cyclical position of the economy, but this analysis will be done in the future. The study puts into evidence the importance of sustainability analyses in addition to the usual descriptive analyses, because they indicate not only the macroeconomic evolution, but also the national economy tendencies from the sustainability perspective.