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Romanian foreign trade in the transition period

Domenii publicaţii > Economie + Tipuri publicaţii > Articol în revistã ştiinţificã

Autori: Romulus-Cătălin Dămăceanu, Alexandru Trifu

Editorial: Economia XXI, 4 (1 8), p.12-15, 2007.


The period of transition from socialist economy to capitalist one had a strong impact over the Romanian foreign trade. The external disequilibrium is revealed by the current account deficit and high rate of depreciation of national currency. In the last years, the depreciation of national currency was stopped but the problem of current account is still unsolved. In order to solve this problem, Romania must use the financial resources obtained from
abroad for investment projects in the fields where there are competitive advantages: agriculture, high-tech industries,scientific research, wood processing and international tourism.

Cuvinte cheie: Romanian foreign trade, period of transition