Application of United Nations Economic Relations between Romania (1944-1947)

Author:Stefan Gheorghe
Position:Senior Lecturer, PhD, Danubius University of Galati, Faculty of Economic Sciences, Romania
Pages:496-500
SUMMARY

Estimates of the Romanian authorities for the war effort of the Romanian economy brings up great material damage amounting to 3.7 billion dollars of which 1 billion to August 23, 1944, 1.2 billion by May 1945 and another 1.5 billion on behalf of the Convention Armistice. The onset of economic and financial obligations of Romania to the United Nations will be governed by the text of the armistice... (see full summary)

 
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European Integration - Realities and Perspectives 2012
496
Application of United Nations Economic
Relations between Romania (1944-1947)
Stefan Gheorghe
1
Abstract: Es timates of t he Romanian authorities for the war effort of the Romanian economy brings up
great material damage amounting to 3.7 billion dollars of which 1 billion to August 23, 1944, 1 .2 billion by
May 1945 and another 1.5 billion on behalf of the Convention Armistice. The onset of economic and
financial obligations of Romania to the United Nations will be governed b y the text of the armistice s igned
in Moscow on the delegates delayed the two sides in September 12, 1944 the new law regulating p olitical
and military option of the Romanian state. Alt hough at first sight context political and military situation
similar provisions imposing impression, however, the text of the Convention provides direct economic
obligations of Romania.
Keywords: political and economic concession; monopoly position; economic and financial obligations ;
War effort
JEL Classifcation: Y4; Y70
Twentieth century was, undoubtedly, the most important military confrontation scene in history
disputes between protagonists are generated by economic reasons, among others. Although the Great
War 1914-1918 was consumed with enormous human and economic costs all Member peace that
followed failed to settle the warring leading to the outbreak of World War II. Participation of Romania
at the World War II recovery aimed Romanian provinces under foreign domination, however, the
evolution of events forced Romanian authorities to take into consideration t he positions of the
belligerents. Economic and political state had suffered due to outbreak of conflicts both effective even
if his participation was used later (for the first two years after the conflagration of 1914-1916 and
neutrality in the second case all after about two years after release September 1939 - June 1941).
Such periods of so-called neutral, non-conflict, contrary to many opinions, not a good opportunity to
restore or strengthen Romania's economic and mi litary disorganization that and because international
trade and trade with neutral boycott by the in conflict. Participation with Germany in the first part of
the war until August 23, 1945 Romans brought economic losses after trade with Germany about
62.459.579.694 lei reaching over U.S. $ 446 million the course of 1938. It should be noted here and
economic effort, material and human supported by the Romanian state in the first part of the campaign
and that the war damage caused by the allies. In this context the Romanian economy was not ready to
support the military campaign after August 23, 1944 in such a way as to bring Romania ranked fourth
worldwide in terms of top states that have contributed to the defeat of Germany and stay in just about
nine months of military campaign. The economic, social and political application of Romania in the
period preceding the Armistice Agreement and the entry into force of the Treaty of Peace of 1947 has
greatly contributed to delays in honoring obligations Romanian side which further contributed to
lower state revenues and the population. For example we discussed the report prepared by the Finance
Minister Petru Groza government on 14 December 1946. According to him "... without external
obligations Romania was the only country (probably n.n S. Gheorghe) who support his officers and
1
Senior Lecturer, PhD, Danubius University of Galati, Faculty of Economic Sciences, Romania, Address: 3 Galati Blvd,
Galati, Romania, tel: +40372 361 102, fax: +40372 361 290, Corresponding author: stefangheorghe@univ-danubius.ro.

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