The Application of Structured Analytic Techniques for Identifying the Real Potential of Reindustrialization in Romania

Anisoara Ionela Diaconu () and Adrian Moraru ()
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Anisoara Ionela Diaconu: Ph.D. student, Romanian Academy, Bucharest, Romania
Adrian Moraru: Ph.D., Romanian Academy, Bucharest, Romania

Logos Universalitate Mentalitate Educatie Noutate - Sectiunea Stiinte Economice si Administrative/ Logos Universality Mentality Education Novelty - Section: Economical and Administrative Sciences, 2019, vol. 4, issue 1, 1-9

Abstract: Although Romania moved on from a communist regime 30 years ago, the problem of adapting the industry to the rigors of the capitalism and globalisation era is still current. The old communist system where industry and agriculture were at the core of the economy, even if they weren’t competitive at all in a global market, proved to be very hard to adjust and we find ourselves, 30 years later, in a situation where Romania’s industry struggles to find its own path towards performance. Today, it appears to be an overwhelming need for proper reindustrialization considering a rising potential given by the multitude of resources Romania has on its lands and underneath its soils. At the same time, nearly every past government stated at some point that this reindustrialization should be a priority, but neither of them succeeded in properly drafting a feasible strategy with that goal. Considering that, we think that a possible way for a suitable result on a reindustrialization study can be the application of structured analysis techniques used more frequently in the intelligence analysis. This type of techniques can be the basis of development at a firm level in any domain, but can also be used on a higher level, including a whole industry. Therefore, this paper aims towards the clarification of the aspects that can highlight the use of structured analysis techniques with the purpose of identifying the real potential of reindustrialization in Romania. In the end, the result of an analysis having these types of techniques at its base can be relevant for the decision maker and Romania could finally find the proper way to approach reindustrialization.

Keywords: reindustralization; structured analysis; intelligence; Romania; industry (search for similar items in EconPapers)
JEL-codes: A23 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:lum:rev14e:v:4:y:2019:i:1:p:1-9

DOI: 10.18662/lumeneas/08

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