EXTERNAL TRADE OF ROMANIA – TEN YEARS AFTER EU ACCESION (2007- 2016)

Advantages of the EU single market and the costs related to adaptation the Community context and requirements, the impact of the international economic and financial crisis and the difficultiesin accessing EU Structural and Social Cohesion Funds are among the major factors that have influenced the...

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Main Author: Florentina Viorica GHEORGHE
Format: Article
Language:English
Published: Nicolae Titulescu University Publishing House 2018-05-01
Series:Challenges of the Knowledge Society
Subjects:
Online Access:http://cks.univnt.ro/uploads/cks_2018_articles/index.php?dir=5_economic_sciences%2F&download=CKS_2018_economic_sciences_008.pdf
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author Florentina Viorica GHEORGHE
author_facet Florentina Viorica GHEORGHE
author_sort Florentina Viorica GHEORGHE
collection DOAJ
description Advantages of the EU single market and the costs related to adaptation the Community context and requirements, the impact of the international economic and financial crisis and the difficultiesin accessing EU Structural and Social Cohesion Funds are among the major factors that have influenced the economic evolution of Romania in the period 2007-2016, including the external trade in goods. There have been changes in the structure of Romania's external trade, determined, on the one hand, by the accession to the EU, and on the other hand, by the impact of the international economic crisis started in 2008. The way in which the Romanian external trade has responded to the aforementioned factors is analyzed in this paper, on the basis of the following criteria: the evolution of specific indicators to the field of foreign exchanges of goods, in the year 2016 as compared to the year 2007; the magnitude of the economic downturn in 2009 and 2010 years as a result of the negative impact of the crisis; the decline recovery in years; resilient economic sectors. International comparisons are used in order to evaluate the position of Romania as against the neighboring EU Member States as well as its main EU trading partners in the context of the EU integration process.
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spelling doaj-art-4eec948c8b1c46e2a2809e075786a34b2025-08-20T02:50:45ZengNicolae Titulescu University Publishing HouseChallenges of the Knowledge Society2068-77962068-77962018-05-0112-857865EXTERNAL TRADE OF ROMANIA – TEN YEARS AFTER EU ACCESION (2007- 2016)Florentina Viorica GHEORGHE0PhD Candidate, National Institute of Statistics, Bucharest, Romania (e-mail: florentina.gheorghe@insse.ro);Advantages of the EU single market and the costs related to adaptation the Community context and requirements, the impact of the international economic and financial crisis and the difficultiesin accessing EU Structural and Social Cohesion Funds are among the major factors that have influenced the economic evolution of Romania in the period 2007-2016, including the external trade in goods. There have been changes in the structure of Romania's external trade, determined, on the one hand, by the accession to the EU, and on the other hand, by the impact of the international economic crisis started in 2008. The way in which the Romanian external trade has responded to the aforementioned factors is analyzed in this paper, on the basis of the following criteria: the evolution of specific indicators to the field of foreign exchanges of goods, in the year 2016 as compared to the year 2007; the magnitude of the economic downturn in 2009 and 2010 years as a result of the negative impact of the crisis; the decline recovery in years; resilient economic sectors. International comparisons are used in order to evaluate the position of Romania as against the neighboring EU Member States as well as its main EU trading partners in the context of the EU integration process.http://cks.univnt.ro/uploads/cks_2018_articles/index.php?dir=5_economic_sciences%2F&download=CKS_2018_economic_sciences_008.pdftrade balancedeficitexportimportEuropean Union
spellingShingle Florentina Viorica GHEORGHE
EXTERNAL TRADE OF ROMANIA – TEN YEARS AFTER EU ACCESION (2007- 2016)
Challenges of the Knowledge Society
trade balance
deficit
export
import
European Union
title EXTERNAL TRADE OF ROMANIA – TEN YEARS AFTER EU ACCESION (2007- 2016)
title_full EXTERNAL TRADE OF ROMANIA – TEN YEARS AFTER EU ACCESION (2007- 2016)
title_fullStr EXTERNAL TRADE OF ROMANIA – TEN YEARS AFTER EU ACCESION (2007- 2016)
title_full_unstemmed EXTERNAL TRADE OF ROMANIA – TEN YEARS AFTER EU ACCESION (2007- 2016)
title_short EXTERNAL TRADE OF ROMANIA – TEN YEARS AFTER EU ACCESION (2007- 2016)
title_sort external trade of romania ten years after eu accesion 2007 2016
topic trade balance
deficit
export
import
European Union
url http://cks.univnt.ro/uploads/cks_2018_articles/index.php?dir=5_economic_sciences%2F&download=CKS_2018_economic_sciences_008.pdf
work_keys_str_mv AT florentinavioricagheorghe externaltradeofromaniatenyearsaftereuaccesion20072016