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THE POTENTIAL OF E-COMMERCE IN DEVELOPING COUNTRIES; STUDY CASE: ROMANIA

Assist. Adina Constantinescu Ph. D Student
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Assist. Adina Constantinescu Ph. D Student: University of Craiova Faculty of Economy and Business Administration Craiova, Romania

Annals of University of Craiova - Economic Sciences Series, 2011, vol. 2, issue 39, 77-86

Abstract: The Electronic Commerce (EC) has affected the global economy in many different ways. First of all, it has affected the information technology, and all the economic sectors, and most importantly, e-commerce has enhanced the productivity growth worldwide. The impact of e–commerce on developing countries could be even stronger than that on developed countries because the scope for reducing inefficiencies and increasing productivity is much larger in the developing countries. The current research investigates the reasons why Romania is one of the last countries concerning the adoption level of EC in the European Union. Although EC has received significant attention in many countries, in developing countries such as Romania there has been some doubt about the relevance of e-commerce. Currently, there are still a limited number of studies on e-commerce adoption in Romania.

Keywords: (e-commerce); electronic commerce; (IT) information technology; (GDP) gross domestic product; developing countries; Romania (search for similar items in EconPapers)
JEL-codes: O29 O33 O52 (search for similar items in EconPapers)
Date: 2011
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