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The Business Environment In Romania Compared To Europe And Central Asia

Author

Listed:
  • Alina HAGIU

    (Faculty of Economics and Law, University of Pitesti, Romania)

  • Marinela BARBULESCU

    (Faculty of Economics and Law, University of Pitesti, Romania)

Abstract

The legislative environment in Romania has become a very unpredictable one, and the companies when they plan to maintain investments, increase investments, make business plans, in fact, take into account such indicators as the stability and predictability of the legislative system in a particular country and then, obviously, the concerns are growing, because unfortunately for us, things change from day to day, this in the context where the tax changes should have happened six months before and appeared only from January 1 of the following year, so that the business environment has sufficient time for debates, consultations, just to try to solidify the confidence. In the present paper we aim to present comparatively the ease of doing business in Romania compared to the EU and some selected countries from Central Asia, taking into account some important indicators in the characterization of the business environment, such as: ease of starting a business, ease of getting a credit, ease of registering property, paying taxes, trading across borders.

Suggested Citation

  • Alina HAGIU & Marinela BARBULESCU, 2019. "The Business Environment In Romania Compared To Europe And Central Asia," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 18(2), pages 26-35.
  • Handle: RePEc:pts:journl:y:2019:i:2:p:26-35
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    References listed on IDEAS

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    1. Harju, Jarkko & Matikka, Tuomas & Rauhanen, Timo, 2019. "Compliance costs vs. tax incentives: Why do entrepreneurs respond to size-based regulations?," Journal of Public Economics, Elsevier, vol. 173(C), pages 139-164.
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    3. Adrian Corcoran & Robert Gillanders, 2015. "Foreign direct investment and the ease of doing business," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 151(1), pages 103-126, February.
    4. Boris Cournède & Oliver Denk & Paula Garda, 2016. "Effects of Flexibility-Enhancing Reforms on Employment Transitions," OECD Economics Department Working Papers 1348, OECD Publishing.
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    More about this item

    Keywords

    Business environment; Doing business; Competitiveness; Performance.;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General

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