The Commercialization of Public Assets in Interwar Romania: Legal Frameworks, State Strategies, and Economic Outcomes (1924–1940)
The Commercialization of Public Assets in Interwar Romania: Legal Frameworks, State Strategies, and Economic Outcomes (1924–1940)
Author(s): Dragoș Păun, Ciprian Adrian PăunSubject(s): History, Law, Constitution, Jurisprudence, History of Law, Economic history, Political history, Recent History (1900 till today), Interwar Period (1920 - 1939), Commercial Law
Published by: Bogdan Vodă University Press
Keywords: commercial law; interwar romanian economy; public administration; state-owned enterprises;
Summary/Abstract: This paper analyzes the legal and institutional framework governing the administration and commercialization of Romania's state-owned enterprises between 1924 and 1940. It examines the evolution from the Law of 1924, which sought to ensure profitability and State control over public assets, to the more liberal framework introduced in 1929 by the National Peasant Party, which encouraged both domestic and foreign capital participation. The study provides a comprehensive assessment of legal classifications, management models, and economic performance of various public institutions, including transport, energy, forestry, and finance. Drawing on historical data and legislative analysis, the article highlights the strategic role of the State in industrial development and the broader economic transformation of interwar Romania.
Journal: Cluj University Journal. Interdisciplinary: Social Sciences and Humanities
- Issue Year: 3/2025
- Issue No: 2
- Page Range: 1-14
- Page Count: 14
- Language: English
