POSSIBLE EVOLUTIONS OF THE ROMANIAN ECONOMY (MACROMODEL ESTIMATIONS)
This article presents alternative scenarios of macroeconomic dynamics for Romania. The author starts by presenting the structure of the model used for simulations. Two scenarios are developed for the 2003-2010 period. The first one, the desirable scenario, embodies performances envisaged in the 2001-2003 versions of the "Pre-Accession Economic Programme". The second one, a more moderate one, involves a more relaxed income policy and slower dynamics of the external competitiveness of the Romanian economy.
Key words: economic models, macroeconomics, forecasting, economic growth.
JEL Classification: C51, C53, E23, E37