STRUCTURE ANALYSIS OF THE EVOLUTION OF PRIVATE CONSUMPTION IN ROMANIA

This paper aims to analyze the evolution of the private consumption structure in Romania in the last twenty years surprising three main periods that influenced the composition of economic welfare of romanian citizens: the transition period to the market economy after the fall of communist regime, the period of economic stabilization and sustained growth and the period of financial and economic crisis. The analysis reveals the modifications in the structure of private consumption throughout the three main phases surprised in the Romanian economy and shows the influence of these changes on the economic welfare of the population.