The IMF’s Presence in Romania, Need or Opportunity Cover Image

The IMF’s Presence in Romania, Need or Opportunity
The IMF’s Presence in Romania, Need or Opportunity

Author(s): Cristina Teodora Bălăceanu
Subject(s): Economy, Supranational / Global Economy
Published by: Asociația pentru Promovarea Spiritului Antreprenorial
Keywords: Economic policy; program of austerity; economic crisis; IMF policies

Summary/Abstract: The beginnings of the transition and the implementation of the market economy principles in Romania are undesirably related to IMF. After 20 years of economic turmoil, following the negative effects induced by the financial and economic crisis, as well as by the discretionary policy measures of the Romanian governors, the return to the IMF economic policy measures shows the incipient development of the Romanian economy. The economic measures imposed by IMF are inconsistent with the anti-crisis measures of a country that is willing to protect the entrepreneurs and economy thereof.

  • Issue Year: 2/2013
  • Issue No: 2
  • Page Range: 52-57
  • Page Count: 6
  • Language: English