Open AccessROMANIA – FROM THE ECONOMIC-FINANCIAL CRISIS TO THE COVID-19 CRISIS. BUDGETARY-FISCAL EMPHASES. RELEVANT MACROECONOMIC INDICATORS
Author(s) -
Ramona CIOBANU,
AUTHOR_ID
Publication year - 2021
Publication title -
bulletin of the "transilvania" university of braşov. series vii, social sciences and law
Language(s) - English
Resource type - Journals
eISSN - 2066-771X
pISSN - 2066-7701
DOI - 10.31926/but.ssl.2021.14.63.2.24
Subject(s) - financial crisis , economics , covid-19 , economic recovery , european union , politics , state (computer science) , economic policy , economic system , fiscal policy , financial market , democracy , political science , macroeconomics , finance , medicine , disease , pathology , algorithm , computer science , infectious disease (medical specialty) , law
The COVID-19 pandemic has a strong impact on each individual, but also on society as a whole, on all fields of human activity, including economic activity and performance. This challenge came less than 10 years after the end of the economic-financial crisis and puts the economies of states to a new test of resilience, while verifying the wisdom of the economic solutions adopted for post-crisis recovery. Romania, a member state of the European Union, with relatively new democratic mechanisms and market economy, is an integral part of the global social, economic and political landscape.