Browsing by Author "Dragoi, Andreea-Emanuela"

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    Monetary Support and State Aid under the Pandemic Challenges in Romania: A Comparative Approach
    (2024) Clichici, Dorina; Dragoi, Andreea-Emanuela; Timus, Angela
    The COVID-19 pandemic has rapidly led to a severe deterioration of the global economic environment and a sharp worsening in the international financial market sentiment. Hence, the European governments adopted extraordinary monetary and state aid policies to mitigate the economic collapse and stabilise the financial markets. Romania was no exception, being significantly affected by the pandemic. Against this background, the paper aims to analyse the peculiarities of the monetary support and state aid adopted by Romania and by other EU Member States in the context of the pandemic crisis to increase the resilience of their national economies. Our main findings reveal that the monetary support provided in Romania consisted in significant liquidity injections into the financial system, and in the purchase of state securities from the secondary market. In Romania, the largest part of the total state aid was directed to SMEs from the processing industry, constructions, wholesale and retail trade, transport, and the storage sector, especially through guarantees and direct grants.
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    The resilience of the russian economy under the current geopolitical outlook
    (INCE, ASEM, 2024) Dragoi, Andreea-Emanuela
    Despite the widespread consequences of the Russian-Ukrainian war and the unprecedented international sanctions imposed by the EU, USA, and other Western economies, the Russian Federation's economy has demonstrated surprising resilience. This research examines the key drivers that have sustained the Russian economy and how the current economic climate has influenced its international cooperation. We utilize a mixed methodology that combines a literature review with quantitative analyses of international trade and foreign direct investment (FDI). Our findings reveal that while the sanctions initially had a severe impact, increased energy exports have since boosted economic growth, and legal initiatives have helped mitigate the decline in FDI.