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A benchmarking analysis of the economic development in Romania and Czech Republic

Author

Listed:
  • Cristinel CONSTANTIN

    (Transilvania University of Brasov, Romania)

  • Adrian MICU

    (Dunarea de Jos University of Galati, Romania)

Abstract

A higher economic development is a goal of every country which is interested in assuring a higher living standard to its citizens. Nevertheless the reality reveals big differences between countries even inside the same economic community. Our research starts from such a problem which finds Romania one of the less developed countries in European Union. Aiming at a benchmarking analysis between Romania and Czech Republic we found that the economic development could be related to public policies that should be oriented towards a better spending of money on economic and social purposes.

Suggested Citation

  • Cristinel CONSTANTIN & Adrian MICU, 2018. "A benchmarking analysis of the economic development in Romania and Czech Republic," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 76-85.
    • Handle: RePEc:ddj:fserec:y:2018:p:76-85
    DOI: 10.26397/RCE206705327
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    References listed on IDEAS

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