The Impact of the Economic Crisis on the Romanian Services Sector Cover Image

The Impact of the Economic Crisis on the Romanian Services Sector
The Impact of the Economic Crisis on the Romanian Services Sector

Author(s): Ion Plumb, Andreea Zamfir, Laura Mina
Subject(s): National Economy, Labor relations, Economic development
Published by: EDITURA ASE
Keywords: economic crisis; services sector; prices; employment; turnover;

Summary/Abstract: This study investigates the impact of the economic crisis on the Romanian services sector. The findings of this study reveal that the impact of the economic crisis on the Romanian services sector is very strong in the sense that the indicators analyzed had a negative evolution: the tariffs for services have increased, the number of employees and turnover have decreased during the first eight months of 2009 as against the same period of the previous year. The study was carried out by combining a variety of sources, such as strategies, statistical documents, as well as articles and research reports. The results reported in this research may be used for policy making in one of the most sensitive sector of the Romanian economy, the services sector.

  • Issue Year: 10/2009
  • Issue No: S1
  • Page Range: 418-424
  • Page Count: 7
  • Language: English