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Romania’S Competitiveness –Present And Future Trends

Author

Listed:
  • Iuliu Marin Ivănescu

    (Romanian-American University)

  • Mona Maria Ivănescu

    (Romanian-American University)

Abstract

Romania, the worst performer in 2009 of the Southeast Europe economies was blocked for another year of economic contraction. As for 2011, analysts expect the economy to post positive although below potential growth rate, driven by a modest recovery in domestic demand. Political and external risks appear large and could trigger a downward revision of the growth forecast in the months ahead. For our country boosting competitiveness is one of the few remaining paths to drive to overcome negative effects of the unfinished economic crisis. This paper analyzes the results for Romanian competitiveness as it is come out of the GCI (Global Competitiveness Index) in the last period and perspectives.

Suggested Citation

  • Iuliu Marin Ivănescu & Mona Maria Ivănescu, 2010. "Romania’S Competitiveness –Present And Future Trends," Romanian Economic Business Review, Romanian-American University, vol. 5(4-1), pages 32-36, Winter-Sp.
    • Handle: RePEc:rau:journl:v:5:y:2010:i:4-1:p:32-36
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