Financial Studies (Sep 2012)
The Real Economy Of Romania In 2005 – 2010
Abstract
The purpose of this study is to give a financial synoptic, annual image of the real economy state using the balance sheets of the economic units. Hence, the paper analyses and evaluates economically some significant indicators (secondary, tertiary, aggregate, etc.) with a higher significance than the known primary indicators; it makes the current calculation of some indicators set by the economic and financial theory which are not currently used. The financial statistics with annual frequency, at the aggregate (national) level are calculated and published in many official documents and reports (NBR, NIS, Government), but most of them are primary macroeconomic indicators which many times do not provide a thorough (structural) image of the studied phenomenon. Within this context, the quantitative and qualitative interpretation of the economic and financial processes from the real economy is rather difficult. It is therefore necessary to process this huge mass of information piled up in the balance sheets of the companies in order to produce significant indicators which reveal more accurately the economic and financial phenomenology of the real economy.
