Open AccessROMANIA – FROM THE ECONOMIC-FINANCIAL CRISIS TO THE COVID-19 CRISIS. BUDGETARY-FISCAL EMPHASES. RELEVANT MACROECONOMIC INDICATORS
Author(s) -
Ramona CIOBANU
Publication year - 2021
Publication title -
bulletin of the transilvania university of braşov series vii social sciences • 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 , covid-19 , economic recovery , economics , european union , state (computer science) , politics , economic policy , democracy , resilience (materials science) , economic system , political science , macroeconomics , infectious disease (medical specialty) , thermodynamics , disease , physics , law , medicine , computer science , algorithm , pathology
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.
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