Prof. Dan CRUCERU PhD
Prof. Constantin ANGHELACHE PhD
„Artifex” University of Bucharest
Abstract
After 1990s period, the evolution of the economy during the has been influenced by the structural changes arising as regards the resources forming and utilization, on one side, and by the economic agents behaviour in connection with the capital investments, on the other side. The investments achieved, mainly by the beginning of this period, have been accomplished in the frame of a less favourable business environment marked, during certain periods of time, by the production decline, by the budgetary and payments balance deficit, by the high rates of the inflation, by high interests for credits, by an exchange rate depreciating continuously, by the lack of managerial exigency of the economic operators as well as by the imperfections of the legislative and institutional framework.
