{"id":16092,"date":"2009-12-22T22:00:00","date_gmt":"2009-12-22T22:00:00","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=16092"},"modified":"2026-04-02T14:54:25","modified_gmt":"2026-04-02T14:54:25","slug":"macroeconomie-anul-recesiunii","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=16092","title":{"rendered":"Macroeconomie: Anul recesiunii"},"content":{"rendered":"<p>Age Bakker, director executiv al FMI, afirma ca tarile<br \/>\nest-europene au ajuns vulnerabile la criza din cauza a cinci<br \/>\nfactori: deficitele mari de cont curent, dependenta de influxurile<br \/>\nde capital si de investitiile straine directe, dependenta de banii<br \/>\ntrimisi din strainatate de emigranti si un curs al monedelor<br \/>\nnationale inadecvat. Cum au actionat acesti factori am vazut:<br \/>\nguvernele s-au indatorat (fie la FMI, UE si Banca Mondiala, fie pe<br \/>\npietele vestice), statele mai norocoase au investit in economie,<br \/>\ncele mai stramtorate au crescut taxele sau au scazut<br \/>\ncheltuielile.<\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/galerie-foto\/actualitate\/politic\/macroeconomie-anul-recesiunii-5197905\/slide-1\"\ntarget=\"_blank\"><img height=\"31\" width=\"488\" src=\n\"http:\/\/storage0.dms.mpinteractiv.ro\/media\/401\/341\/5847\/5197905\/7\/banda-macro.jpg?width=488&#038;height=31\"\nalt=\"\" \/><\/a><\/p>\n<p>In Romania, care din cauza politicilor prociclice ale tuturor<br \/>\nguvernelor din 2005 incoace si a agitatiilor preelectorale a intrat<br \/>\nin 2009 cu deficite mari si cu o mare foame de bani, n-a fost<br \/>\nposibila de fapt niciuna dintre variante. Guvernele Boc nu si-au<br \/>\nputut permite nici sa lanseze programe de infrastructura (cu<br \/>\nexceptia &#8220;Prima casa&#8221;), nici sa restructureze sectorul bugetar,<br \/>\nnici sa recurga la parghii fiscale spre a face rost de bani, cu<br \/>\nexceptia impozitului forfetar; toate apar acum ca probleme de<br \/>\nrezolvat in 2010.<\/p>\n<p>In aceste conditii a aparut, in premiera, solutia ca FMI sa<br \/>\naccepte ca o parte din imprumutul acordat pentru sustinerea<br \/>\nbalantei de plati sa fie folosita pentru finantarea deficitului<br \/>\nbugetar. Fara sustinerea FMI si a UE, calcula guvernatorul BNR<br \/>\nMugur Isarescu, Romania ar fi riscat un deficit de finantare<br \/>\nexterna de pana la 16 miliarde de euro, cu o criza a cursului de<br \/>\nschimb si reducerea mai accentuata a finantarilor de la banci. Nici<br \/>\nFMI si nici guvernul nu pot obliga insa bancile sa finanteze<br \/>\neconomia, iar in conditiile in care statul a ajuns clientul<br \/>\npredilect al bancilor ca sa obtina bani pentru plati curente, e<br \/>\nputin probabil ca indatorarea crescanda a statului sa se vada prea<br \/>\ncurand intr-o relansare a economiei.<\/p>\n<p>Cititi si:<\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/actualitate\/politic\/politica-in-2009-5197895\"><br \/>\nPolitica: Sub semnul alegerilor<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/actualitate\/politic\/macroeconomie-2009-5197905\"><br \/>\nBanci: Anul in care banii au devenit mai scumpi<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/servicii-financiare\/asigurari-si-pensii-2009-5197971\"><br \/>\nAsigurari si pensii: Fara pierderi<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/servicii-financiare\/investitiile-pe-bursa-au-devenit-nerentabile-5197997\"><br \/>\nBursa: Reteta banilor usori nu mai functioneaza<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/servicii-financiare\/anul-consultantilor-5198048\"><br \/>\nConsultanta: Anul paradoxurilor<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/energie\/companiile-energetice-au-pierdut-din-greutate-5198071\"><br \/>\nCompaniile energetice au pierdut din greutate<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/energie\/petrol-2009-5198080\"><br \/>\nPetrol si carburanti: Minus 20%<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/industrie\/fara-cere-pentru-industrie-5198087\"><br \/>\nIndustrie: Fara cerere<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/farma-anul-surprizelor-neplacute-5198168\"><br \/>\nFarma: Anul surprizelor neplacute<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/comert\/consum-redus-5198177\"><br \/>\nIndustria alimentara: Consum redus<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/agricultura\/agricultura-2009-anul-nefericirii-5198187\"><br \/>\nAgricultura: 2009, anul nefericirii<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/comert\/comert-cu-surprize-5198198\"><br \/>\nRetail si distributie: Comert cu surprize<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/industrie\/industria-textila-2009-5198204\"><br \/>\nTextile: Anul extremelor &#8211; unii s-au extins, altii au<br \/>\ninchis<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/transporturi\/piata-auto-victima-crizei-5198219\"><br \/>\nPiata auto, victima crizei<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/imobiliare\/chinul-imobiliar-5198225\"><br \/>\nReal estate: Chinul imobiliar<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/media-marketing\/media-servicii-5198234\"><br \/>\nMedia: Reducere la jumatate<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/analize\/resurse-umane\/anul-concedierilor-5198240\"><br \/>\nResurse umane: Anul concedierilor<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/business-hi-tech\/telecom\/tehnologii-anti-criza-5198250\"><br \/>\nTelecom: Un pic mai bine<\/a><\/p>\n<p><a href=\n\"http:\/\/www.businessmagazin.ro\/business-hi-tech\/telecom\/tehnologii-anti-criza-5198250\"><br \/>\nInternet si IT: &#8220;A fost cel mai greu an&#8221;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trei trimestre de scadere economica succesiva nu doar ca satisfac clar definitia tehnica a recesiunii, dar sunt de natura sa sperie prin amploarea prabusirii: daca la inceputul lui 2008, economia crestea cu 8,8%, in vara acestui an lucrurile s-au inversat, cu o scadere de 8,8%. Putea fi evitata o asemenea involutie?<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7133],"tags":[457,7433,7127],"class_list":["post-16092","post","type-post","status-publish","format-standard","hentry","category-politic","tag-acord","tag-fmi","tag-macroeconomie"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/16092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16092"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/16092\/revisions"}],"predecessor-version":[{"id":36147,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/16092\/revisions\/36147"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}