UDC: 339.5(498)”2004/2010” ; 339.5(497.11)”2004/2010”

DOI: 10.7595/management.fon.2012.0027

This paper describes specific relations between the Romanian and the Serbian economies, especially the foreign trade impact, some structural characteristics and the recent trends during the last years. The foreign trade is one of the important activities of the national economy, providing factual transaction, change of ownership of products, and thus outlining the actual goods. This activity, seen as an isolated one, can affect exponentially the growth of an economy on the long term, but sometimes may make it go bankrupt in a short term, too. The first section describes Romania’s economic evolution during this recession period, underlying the significance of the foreign trade in the national external balance of the economy of Romania as a new EU member. The second section analyses the Serbian Economy during the same period, Serbia being a preadherent country to EU. These sections also analyze the concentration or specialization process in the structure of the Romanian and Serbian foreign trade using statistical methods, indices and coefficients. A final remark is about the prognosis of the two economies and stresses that the sustainable and vigorous growth in the new context becomes somehow impossible, given the Romanian and Serbian reality and a goal within the timeframe of 2012-2013.

Keywords: foreign trade, structure of import and export flux, Gini-Struck coefficient, concentration / specialization of foreign trade, indices’ method.

Săvoiu Gheorghe¹, Ţaicu Marian², Čudanov Mladen³

¹University of Piteşti

²University of Piteşti

³University of Belgrade

Download article: Romanian and Serbian Foreign Trade, Under the Impact of Recession, EU Post/Pre Accession and New Restructuring Process