THE ECONOMY OF SOCIALIST ROMANIA, ITS POST-DECEMBER 1989 ASSESSMENT AND THE „SECURITATE”
THE ECONOMY OF SOCIALIST ROMANIA, ITS POST-DECEMBER 1989 ASSESSMENT AND THE „SECURITATE”

Summary/Abstract: This article and others to be published on the same topic refer to the assessment of the economy of Socialist Romania after December 1989 and the causes that were conducive to the semblance of economic inefficiency of a country that became the only one in to world to be free of debts to anyone, that was supporting an entirely free of charge, universal and lifelong healthcare system for all its citizens, an entirely free of charge and mandatory education system from nursery to doctoral studies, and a system that provided housing for its entire population; a country that supported the financing of a large network of scientific research institutes, in all the fields of activity, a wide investment program adding up to 33% of the national revenues, and that was paying wages to date for 12.5 million employees and 4.5 million pensioners. This article is the beginning of giving an answer to the question: how could the economy that supported such a country-wide project be deemed “bankrupt”?

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