Romania Under the Tyranny of Small Figures

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ISBN: 9780880336031 | 088033603X
Cover: Hardcover
Copyright: 4/1/2007

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Ilie Serbanescu, a distinguished economist, launches a comprehensive study of the contemporary Romanian economy and its problems. He critically evaluates Romanian transition and the main issues facing the stability of the Romanian economy, and then proposes solutions to be undertaken by the Romanian government.

Romanian transition : an expensive improvisation
Coordinates of an economic failure	p. 21
The reform - nothing but efficacy	p. 29
Why does not reform work!	p. 35
When the game rules are absent	p. 39
Thefts - the only high figures	p. 69
Fewer people, higher poverty	p. 79
Tragic comedy of the "social component"	p. 85
The controversial role of the international financial organizations	p. 89
A simple explanation : too much stealing, too much poverty!	p. 93
Demonizing reform	p. 95
Economy - an unsuccessful hybrid	p. 97
Facing atypical problems	p. 101
Survival through black economy	p. 105
If only Romania were a "market place"!	p. 109
The main problems in economy : approaches and results
The sketch of the low inflation	p. 115
Anomalies in income policies	p. 119
Macro-stabilization - an IMF project	p. 125
Arrears - more dangerous than inflation	p. 137
"Debts equity swap" - a worth trying scheme	p. 148
Restructuring - a reform Cinderella	p. 159
Amortizations and reform	p. 161
State companies : who is their owner? : who makes decisions? : who manages them?	p. 165
The only results : in mining	p. 171
Failure in the oil refineries sector	p. 175
In utilities : change of labels	p. 177
The sketch of "restructuring without money"	p. 183
A "nonstructural" unemployment	p. 185
Anti-economy in the power sector	p. 187
Privatization without buyers or an absurd theatre	p. 191
Agriculture - neither fish nor flesh	p. 201
Poor or reach budget?	p. 215
Who is responsible for the Romanian capital being out of game?	p. 231
What is the use of a capital market in Romania?	p. 247
The disastrous pension scheme	p. 255
Bankrupt social services	p. 261
Exports and moderate payment capacity	p. 273
The competitiveness deficit	p. 273
Current account : the sword of Damocles	p. 279
Is the monetary council a solution for Romania?	p. 289
"Externalization" vs. "internalization" of economic problems	p. 291
Romania - West : 2nd run-off	p. 301
September 11 and the NATO extension	p. 305
Integration into the European Union : a pure political decision!	p. 307
The integration process instead of the absent strategy	p. 313
Between "colonization" and "dictatorship"	p. 321
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Romania Under the Tyranny of Small Figures

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