Insight into the resilience of the Romanian economy

IF 1.2 Q4 BUSINESS

Entrepreneurship and Sustainability Issues Pub Date : 2023-03-30 DOI:10.9770/jesi.2023.10.3(7)

Sorin Somitca, Alina Somitca, E. Hlaciuc

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引用次数: 0

Abstract

We are contemporary with various financial crises of global magnitude, starting with the Great Depression of 2008-2009, so-called the "subprime crisis", the economic crisis generated by the COVID 19 pandemic, but also the one that is ongoing nowadays, caused by the Russian-Ukrainian conflict. All these extreme situations generate reactions of the most diverse and challenging to delimit and predict so that the economic entities must show permanent resilience to recover quickly and emerge victorious from the fight with the disturbing phenomena. The present study attempted an x-ray of the Romanian economy after the first year of the COVID pandemic, the most difficult year when the restrictions were among the most severe, analyzing at the same time the years before the beginning of the pandemic for an accurate picture. At the same time, we tried to answer the questions of why a company is more resilient than others using a sample of the top 100 companies in Romania, analyzing the impact on revenue growth of 13 indicators grouped in 4 classes, namely Business efficiency, Sustainable Profitability, Financial Stability, Business dynamics & stability. The obtained results may have significan economic policy implications.

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洞察罗马尼亚经济的弹性

我们正处于各种全球性金融危机的时代，从2008-2009年的大萧条开始，即所谓的“次贷危机”，从新冠疫情引发的经济危机开始，到如今由俄罗斯-乌克兰冲突引起的持续危机。所有这些极端情况都产生了最多样化的反应，难以界定和预测，因此经济实体必须表现出持久的恢复能力，以便迅速恢复，并在与令人不安的现象的斗争中取得胜利。本研究试图对新冠肺炎大流行第一年之后的罗马尼亚经济进行x光透视，这是限制最严格的一年，也是最困难的一年，同时分析了大流行开始前的几年，以获得准确的情况。同时，我们试图回答为什么一家公司比其他公司更有弹性的问题，使用罗马尼亚前100家公司的样本，分析了4类13个指标对收入增长的影响，即业务效率，可持续盈利能力，财务稳定性，业务动态和稳定性。所得结果可能对经济政策产生重大影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Entrepreneurship and Sustainability Issues BUSINESS-

自引率

5.90%

发文量

审稿时长

20 weeks

期刊介绍： ENTREPRENEURSHIP AND SUSTAINABILITY ISSUES ISSN 2345-0282 (online) is a peer-reviewed scientific journal, serving as a platform to foster multi/interdisciplinary innovations that bring together the research communities and the end-users being affected. It is where theory meets practice, evident in the authors being experts across the industrial value chain – including business visionaries, regulatory and standards bodies, and especially pan-European networking through public and private sector partnerships (PPPs). Accepted papers present outcomes of initiatives and findings across all fields of science and technology, especially social sciences and humanities. Multi/interdisciplinary approach is encouraged. Recent additions to the already well-accomplished editorial board includes experts from the energy and information and communication technologies (ICT) sectors, particularly focused on advances to the state of the arts in environmental sustainability developments. This journal publishes original research papers that are rich with case studies of modern demonstrations, presenting innovative solutions to socio-economic and socio-technical problems that plague modern societies. It is a journal that is positioned as collaborative platform where theory meets practice, which is accomplished by publishing authors who’ve uncovered new linkages between data formulation and the underpinning theories, cases, observations, and validated hypotheses arising from the analysis of that data. ESI journal scope includes as well a particular focus on the business development side of smart electricity grids regarding financial or innovative technological aspects surrounding: renewable production, energy storage and management, construction materials, retrofitting, urban planning, and the trading of actors within emerging markets affected by energy supply and demand tradeoff.