Business Intelligence

The Setting Of Market Economy In Romania - Statistical Arguments

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Executive Summary

Concerning the period 1990-2004, one can formulate a hypothesis of economic and national industrial cyclical phenomenon of "Juglar" type, with two visible evolution periods, the former of expansion and the latter of recession, and between them, less evident, the crisis and the downward. The Romanian economy crossed two "Juglar" cycles over three electoral periods that succeeded already to outline the elements of electoral cyclical type. Pursuing the evolution of the indexes studied during 1990-2004 one can establish that the intensity of the economic cyclical phenomenon from the first period is accompanied by the trends of equilibrium in the second part, trends that can be evaluated as positive ones in the point of the macroeconomic stability point of view.

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