Romania’s Macroeconomic Indicators. Where are we after 8 Years from the Economic Crisis?

Abstract:

This research article represents a review of Romania’s case on how it’s economic growth evolved starting with the economic crisis from 2008 (it started later in Romania, because the country wasn’t directly involved in the systemic failure) and how it pressurized socially the economy and political will. The paper tries to analyze the following macroeconomic indicators: GDP, GDP per capita, inflation and the output gap by offering a big picture perspective on each of them, and how they come together in offering macroeconomic perspective on Romania’s health and social evolution.