Annals of the University of Oradea: Economic Science (Dec 2010)
ROMANIA'S TRANSITION IN THE CENTRAL EUROPEAN CONTEXT
Abstract
The Eastern bloc countries have been under communist leadership for almost fifty years. After the 1989 collapse of communist leadership, new regimes have been installed. The roads from socialism to capitalism, from totalitariasm to democracy have been extremely difficult and tested both the people and the leaders. The present paper takes a look at the first years of Romanias democracy and its economic reforms. Although democratic elections have been organized and some reforms have been undertaken, compared to other states Romania might not have done enough.
