EIRP Proceedings, Vol 11 (2016)

Romanian Economy during the Great War 1914-1918

Stefan Gheorghe


Years of neutrality were essentially the worsening fiscal period for most of the residents, cashing any type of Authorities rigorously tax. By carrying out a national loan liberal government managed to reduce the debt to the National Bank he had. Entry will the current war exacerbated the decline of the Romanian economy due to this unfortunate campaign year outcome of the first part of the war. In terms of economic recovery Even with economic growth potential of Romania after the union prewar production levels and exports in various fields will be achieved in 1921 and 1924 which will contribute to the deepening economic crisis after the war


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