The Romanian Economic Reform Program
Summary:
With the start of the process of its transition to a market economy in early 1990, Romania joined the ranks of other reforming Eastern European countries. At the starting point of its reform program, however, Romania was in a deep economic and institutional crisis and had no experience in even modest attempts to reform its economy. This paper outlines the main characteristics of the Romanian economic system before the reform, and presents the evolution of the reform program, as well as its achievements in the first year or so since it was launched.
Series:
Working Paper No. 1991/080
Subject:
Bank credit Banking Commercial banks Economic sectors Exports Financial institutions International trade Labor Privatization Tariffs Taxes
English
Publication Date:
August 1, 1991
ISBN/ISSN:
9781451850246/1018-5941
Stock No:
WPIEA0801991
Pages:
56
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