The impact of global crisis on the dominant sectors of the economy at the Romanian industry

Abstract

The purpose of this paper is to emphasize the understanding of the global crisis impact on the dominant sectors of the economy: industry, technology, infrastructure, and institutions. Firstly, it shows the manner in which global crisis has affected both rich and poor countries, generating negative reactions in all economic sectors, secondly, it provides an overview on industry’s place in E.U. economies in the economic crisis context, thirdly, it presents industry’s place in Romania, with a case study on the metallurgical sector and fourthly, it provides conclusions and future perspectives.

Keywords

• industry
• economic crisis
• economic dimension
• competitiveness
• sustainability