Under the global crisis impact the structure of international trade flows witnessed significant changes. In the case of Romania, paradoxically for an emerging country, in terms of product composition during 2007-2010, the share of capital goods decreased in total imports and increased in total...

The economic integration process is a current widely spared process in the world economy. The necessity of collaboration between countries on economic, politic and social plans is being implemented by nations through a raising number of commercial agreements for example during the last decades....

Throughout the last century, Romania's economy has suffered major adverse costs, especially caused by external factors, with an adverse impact both on the volume of foreign trade and its commodity structure and geographical orientation. The study focuses on the evolution of Romania's foreign...

This paper reviews a part of the most important literature on the impact of exchange rate volatility over exports. The first section reviews particularities and limits in the literature about the connection between the two variables, while the second part reviews the effects of exchange rate...

Romanian Abstract: În cadrul acestui studiu, am prezentat poziţia României în cadrulcomerţului cu maşini electrice. În acest sens, am analizat evoluţia exporturilor, importurilorşi soldul balanţei comerciale aferente grupei de produse reprezentate de maşini electrice şiechipamente...

Romanian Abstract: În articolul de față este analizată una dintre cele mai importante ipoteze care stau labaza majorității studiilor care evaluează impactul economic al încheierii unui acord comercial bilateralSUA-UE: reducerea barierelor netarifare. Am luat în considerare studiile...

This paper assesses the sustainability of the CA deficits in the New Member States (NMS) of European Union by estimating its structural component based on fundamentals. Using a large sample of panel data, we estimated long term relationships for the CA deficit and its fundamentals using two...

The study is focusing on excessive current account deficits accumulation which is endangering the perspectives of Romania’s long-term external financial position. In order to reveal the real drivers of current account balance, the development of two distinctly components of the foreign trade...

Under the circumstances of rising and persistent deficits in the Romanian foreign trade, the contribution of net exports to the GDP growth remains negative, in 2005 halving practically the domestic demand increase. One factor behind this trend is the IPT (Inward Processing Trade) which doesn’t...

The paper focuses on the current system of country risk assessment by the main rating agencies, pointing out some of its weaknesses. Under these circumstances, was found that Romania is overrated by the international agencies, mainly due to political reasons, related to the close accession of...