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THE BUSINESS ENVIRONMENT IN ROMANIA COMPARED TO EUROPE AND CENTRAL ASIA

Alina Hagiu () and Marinela Barbulescu ()
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Alina Hagiu: Faculty of Economics and Law, University of Pitesti, Romania
Marinela Barbulescu: Faculty of Economics and Law, University of Pitesti, Romania

Scientific Bulletin - Economic Sciences, 2019, vol. 18, issue 2, 26-35

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.

Keywords: Business environment; Doing business; Competitiveness; Performance. (search for similar items in EconPapers)
JEL-codes: M21 F40 (search for similar items in EconPapers)
Date: 2019
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