SOME CONSEQUENCES OF THE ECONOMIC CRISIS IN ROMANIA

Abstract

The international financial crisis has led to a number of effects on the Romanian economy. Altough there had not been reported any direct consequences on the banking system, indirect effects on the economy were felt in full. In this context, the present paper, aims at highlighting numerous macroeconomic effects of the crisis with important economic and social load.

Keywords

• economic crisis
• unemployment rate
• employment
• GDP
• economic development
• investment