VENTURE CAPITAL ANDFINANCING INNOVATIONREGARDING DEVELOPMENT’S OUTLOOKS OF CONSTRUCTIONS ACTIVITIES UNDER THE IMPACT OF THE GLOBAL MACROECONOMIC ADJUSTMENTS
Alin Constantin Stoenescu
Pages: 155-164
Published: 1 Jan 2011
Views: 85
Abstract: The international financial crisis that has caused very serious problems some of the strongest financial institutions in the world, indirectly reflects on Romaniaby restricting capital flows and reducing the desire to invest for the foreign entrepreneurs. Romania, shaken by the credit crisis that has revealed weak economic fundamentals and banking system who is dominated by foreign banks, faced a considerably budgetary deficit and trade deficit. Lack of liquidity and tighter credit conditions have caused a setback in the constructions market and therefore, all entrepreneurs face a financial colapse. The conformation of enterprises to market economy has determined the commitment of some attributes and risks specific to this economy: personalization of demand, prices determined through the mechanism of market, market fluidity, atomization of demand and supply, sale-oriented production.
Keywords: financial crisis, constructions, structural adjustments, liquidity, financial market depth
Cite this article: Alin Constantin Stoenescu. VENTURE CAPITAL ANDFINANCING INNOVATIONREGARDING DEVELOPMENT’S OUTLOOKS OF CONSTRUCTIONS ACTIVITIES UNDER THE IMPACT OF THE GLOBAL MACROECONOMIC ADJUSTMENTS. Journal of International Scientific Publications: Materials, Methods & Technologies 5, 155-164 (2011). https://www.scientific-publications.net/en/article/1003329/
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