INTERNATIONAL TRADE OF ROMANIA IN THE CONTEXT OF ITS LOW ECONOMIC POTENTIAL

Journal Title: CES Working Papers - Year 2016, Vol 8, Issue 4

Abstract

The study provides a view on Romanian economy in terms of its competitiveness and potential for sustaining an efficient foreign trade. After reviewing literature and the reports of prestigious institutions and bodies in the area, the author presents several elements providing an accurate image on current quantitative and qualitative parameters of Romanian foreign trade, the internal and foreign processes influencing it and its main trends. The theoretical, legislative and institutional background of the paper was developed earlier by the author in his monograph - "The legal and financial regime applicable to international foreign trade" published in 2008 by ArtPress Publishing House after Romania joined the European Union. In this study, however, the focus is placed on major changes that have occurred in Romania’s foreign trade after it joined the European structures.

Authors and Affiliations

Ionel Bostan

Keywords

Related Articles

GREECE FACES A YIN-YANG DEVELOPMENT PHASE

The concept Yin-Yang represents the unity of opposites and complementarity. In this respect, from the economical point of view a positive Yin phase represents the cash flow, brings nutrition, gentleness and protection, w...

MODELS AND PRACTICES OF CORPORATE GOVERNANCE WORLDWIDE 

In the current context of globalization, we can no longer talk about increasing organizational value ignoring the interests of shareholders, employees, business partners, etc. Such interests may come into conflict, leadi...

PURCHASING POWER PARITY INFLUENCE ON REAL EXCHANGE RATE BEHAVIOR IN ROMANIA 

Purchasing Power Parity (PPP) represents a fundamental concept in exchange rate modeling. The main idea is given by equality between prices in two different countries when expressing in the same currency. This paper aim...

 PUBLIC DEBT MANAGEMENT – FUNDAMENTAL COMPONENT OF PUBLIC POLICY

The global financial crisis has put considerable pressure on public finances, particularly on government debt. Public debt in many countries of the world have increased in recent years to levels that were not registered...

INCREASING MARKET TRANSPARENCY: THE ROLE OF THE INTERNET AND E-COMMERCE

"Cyberspace" - a concept until recently considered somewhat obscure and fantasy, has become in the contemporary era common and one of the most exciting trends in business. The emergence and development of electronic comm...

Download PDF file
  • EP ID EP284169
  • DOI -
  • Views 95
  • Downloads 0

How To Cite

Ionel Bostan (2016). INTERNATIONAL TRADE OF ROMANIA IN THE CONTEXT OF ITS LOW ECONOMIC POTENTIAL. CES Working Papers, 8(4), 611-624. https://europub.co.uk/articles/-A-284169