2009 Budget speech

Romania does not have a functional market economy and cannot face the competition pressures and the economic powers in the EU. In order to meet the EU economic accession requirements, Romania must undergo a number of complex and long processes. As compared to the last years, Romania has made...

Concerning the period 1990-2004, one can formulate a hypothesis of economic and national industrial cyclical phenomenon of “Juglar” type, with two visible evolution periods, the former of expansion and the latter of recession, and between them, less evident, the crisis and the downward. The...

Consumer protection is an activity rather new in Romania where from political reasons there were no preoccupations in this area before 1990. After the transition at the market economy it was very clear that Romania needed to create a law system for the protection of the consumers, coherent,...

The functional market economy, characterised firstly by competitiveness cannot be achieved but with the immediate involvement of elite within all structures and all levels. This appreciation is largely confirmed by the economic-social successes of several states, called more and more meritocracy...

The Chinese economy does still not qualify as demand-driven economy. Its growth is based on investment. In fact successive waves of investment have emerged during the eighties and produced a piling-up of productive systems. A wave of small national enterprises and entrepreneurs, a second large...