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Interrelations Between Economic Freedom, Knowledge Economy And Global Competitiveness – Comparative Analysis Romania And Eu Average

Author

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  • Herciu Mihaela

    (Lucian Blaga University of Sibiu)

  • Ogrean Claudia

    (Lucian Blag University of Sibiu)

Abstract

Economic Freedom, Knowledge Economy and Global Competitiveness are three of the many and very different dimensions which characterize the level of a country’s performance. This paper tries to present these three important directions, the specific indicators that measure them – IEF, KEI, GCI – and the relationship between them. Also, it will try to demonstrate that countries with free economy can turn into knowledge and competitive economies. Furthermore, it will make a comparative analysis of Romania with the EU countries’ average in order to identify for Romania which pillar’s scores it has to improve.

Suggested Citation

  • Herciu Mihaela & Ogrean Claudia, 2011. "Interrelations Between Economic Freedom, Knowledge Economy And Global Competitiveness – Comparative Analysis Romania And Eu Average," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 6(2), pages 46-59, August.
    • Handle: RePEc:blg:journl:v:6:y:2011:i:2:p:46-60
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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/625Herciu&Ogrean.pdf
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    References listed on IDEAS

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    Cited by:

    1. Hadad Shahrazad, 2017. "Strategies for developing knowledge economy in Romania," Management & Marketing, Sciendo, vol. 12(3), pages 416-430, September.

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