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Marketing in Romania: the challenges of the transition from a centrally-planned economy to a consumer-oriented economy

Authors :
Lascu, Dana-Nicoleta
Manrai, Lalita A.
Manrai, Ajay K.
Source :
European Journal of Marketing. Nov-Dec, 1993, Vol. 27 Issue 11-12, p102, 19 p.
Publication Year :
1993

Abstract

A report on the transition of Romania from a centralized economy to a consumer-oriented economy reveals a stark contrast between the period before and after the fall of communism. During the communist era, there were shortages in basic staples caused by the rationing of food, energy and materials and by an economic crisis. Currently, Romanian stores stock a variety of products, but many citizens cannot afford them. Predictions for Romania's economy as well as recommendations for companies selling goods in the country are provided.

Details

ISSN :
03090566
Volume :
27
Issue :
11-12
Database :
Gale General OneFile
Journal :
European Journal of Marketing
Publication Type :
Academic Journal
Accession number :
edsgcl.15308417