The STUDIA UNIVERSITATIS BABEŞ-BOLYAI issue article summary

The summary of the selected article appears at the bottom of the page. In order to get back to the contents of the issue this article belongs to you have to access the link from the title. In order to see all the articles of the archive which have as author/co-author one of the authors mentioned below, you have to access the link from the author's name.

The 2008 World Economic Crisis. Its Effect on Turda-Câmpia Turzii Industrial Area. Few areas in Romania have prospered in recent years as much as Cluj County. Enterprises inherited from the communist period that seemed obsolete 18 years ago, appear to have been reborn out of their own ashes, recording outstanding economic growth. If until recently the smokestacks of Turda Câmpia -Turzii area factories seemed to have fallen asleep, the vast majority of the local population taking the path of foreign countries in search of jobs that could no longer be offered by a decadent industry, recent years made us witnesses of an accelerated revigoration of the industry in the lower basin of the river Aries. But, unfortunately, with the cold winds of autumn, the world economy was suddenly hit by an imminent recession, the industrial sectors being the first areas affected by the crisis. The study deals with the issue of the current economic crisis and its impact on the lower basin of the Aries River, referring especially to the situation before and after the crisis, with an in-depth analysis of the industrial development and equity. It also presents thinking economy models that could lead this industrial area out of an imminent deadlock.

Keywords: economy, industry, crisis, recession, capitalism, Turda, Câmpia Turzii, Romania.