Aspects Concerning Foreign Economic Relations of Romania in the Years 1965-1989
Aspects Concerning Foreign Economic Relations of Romania in the Years 1965-1989

Summary/Abstract: In this study, the author tries to capture aspects of international economic relations that Romania has developed with members of the Council for Mutual Economic Assistance (CAER), with Western countries, but also with “developing countries” in the period 1965-1989. In order to develop a functioning economy and transform our country into a regional political force and, why not, into one of the world powers, in the period under discussion a series of economic activities have been taken which, unfortunately, were extremely harsh for Romanian population and unsustainable on a long term. Without taking into account domestic economic realities, in which development was based solely on excessive industrialization and five year plans with very high costs, and without any correlation between domestic political factors and external political factors, the communist leader Ceauşescu has taken economic measures designed to destabilize certain sectors on the one hand, and throw out the balance of international economic relations, on the other hand.

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