A Decade of EU Membership: Evolution of Competitiveness in Romania

Constantin Zaman and Bogdan Meunier

European Research Studies Journal, 2017, vol. XX, issue 2A, 224-236

Abstract: We analyse in this paper the main achievements of Romania in terms of competitiveness during the period of ten years since joining the European Union. The analysis is based on a proposed Competitiveness Index, which is constructed on the basis of five indicators that express the progress of reforms in the following areas: business environment, labour market, state institutions, taxation, and human capital.The analysis is carried out in a comparative perspective, at three levels: with Bulgaria, which joined the EU the same year; with three countries from Western Europe; and a group of countries from Central and Eastern Europe that integrated the EU earlier, in 2004.We find a strong convergence in terms of competitiveness between Romania and the other neighbouring countries, as well as a slower but increasing convergence towards the “old” EU member states.

Keywords: Romania; Competitiveness; European Union; Convergence (search for similar items in EconPapers)
JEL-codes: J24 L51 O15 O38 O52 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xx:y:2017:i:2a:p:224-236

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