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National Competitiveness - Scenarios For Romania


  • HERCIU Mihaela

    ("Lucian Blaga" University of Sibiu)


Competitiveness remains a continuous concern of nations in any stage of development, from factor based economy to innovation based economy. The present paper aims to emphasize the current level of national competitiveness of Romania, on one hand, and to identify possible ways to improve the current level by building scenarios in order to eliminate the uncertainty, on the other hand. The paper proposes four scenarios for increase GCI (growth competitiveness index) and four scenarios from pessimistic point of view (in these scenarios GCI will be decrease). In the near future, Romania must improve their pillars of national competitiveness and must increase their GDP per capita for transition process to stage three of development.

Suggested Citation

  • HERCIU Mihaela, 2012. "National Competitiveness - Scenarios For Romania," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 62(3), pages 36-47.
  • Handle: RePEc:blg:reveco:v:62.3:y:2012:i:3:p:36-47

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    References listed on IDEAS

    1. Fledelius, P. & Guillen, Montserrat & Perch Nielsen, Jens & Vogelius, M., 2001. "Two-Dimensional Hazard Estimation for Longevity Analysis," Finance Working Papers 01-10, University of Aarhus, Aarhus School of Business, Department of Business Studies.
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    More about this item


    national competitiveness; pillars; stage of development; scenarios; Romania;

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General


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