Romanian industry in transition |
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| Authors: | Claudia Popescu |
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| Institution: | (1) Academia Romana, Institutul de Geografie, Str. Dimitrie Racovita 12, 70307 Bucuresti, Romania |
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| Abstract: | Restructuring of industry in Romania today is part of the transition from a centrally-planned to a free market economy. The paper deals with salient features of socialist industry and the trends which have occurred since 1989 in the context of greatly reduced state intervention. Current trends are identified as a key to further evolution in the future and some international comparisons are attempted now that industrial enterprises in all parts of Europe are developing new relationships with capital, labour and the state. |
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