Macroeconomic risks and challenges – prospects for 2023
Stability and predictability of global economy continue to face multiple challenges, amplified by record inflation, as well as by the economic and security implications of the war in Ukraine. We are probably going through the period with the highest density of crises in the last century, which will leave their mark, profoundly, on the developments
The Macroeconomic Dashboard: From Financial to Corona Crisis
Worldwide, economies periodically face cyclical evolutions, economic crises, shocks generated by exogenous factors of the economic system, as is happening right now amid the health crisis caused by the COVID-19 pandemic. The common ground of these developments is the need for policies able to support the economy and to
Public finances and the economy: how are we going through corona crisis?
The economic crisis caused by the coronavirus pandemic has significantly affected the stance of global public finances, following years of solid economic growth, when public budgets have been generally placed on a consolidation path. At the end of 2019, 17 Member States of the European Union recorded budget surpluses. The
Corona-Economy: From Crisis to Rebuilding Trust
The Corona-Economy is already the grand economic challenge of the year 2020, but also of the political establishment. The latest developments are very serious, quite worrying for many sectors, which demand a coordinated response in terms of economic policy. The Coronavirus is the “black swan” that sickened the
Romania’s Economy in Graphs: Performance, Risks, Challenges
Romania reached a record economic growth in 2017, one that was mainly based on consumption. The contribution of investment became positive, but investment factor is still low and can affect sustainable economic growth in the medium and long run. The current macroeconomic context is one of contrasts, because record economic growth and
