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

Cristinel Constantin and Adrian Micu
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Cristinel Constantin: Transilvania University of Brasov, Romania
Adrian Micu: Dunarea de Jos University of Galati, Romania

Risk in Contemporary Economy, 2018, 76-85

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.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fserec:y:2018:p:76-85

DOI: 10.26397/RCE206705327

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