ROMANIA’S INTERNATIONAL COMPETITIVENESS IN THE CONTEXT OF THE COVID-19 PANDEMIC

Alina Hagiu and Marinela Bãrbulescu ()
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Marinela Bãrbulescu: University of Pitesti

Scientific Bulletin - Economic Sciences, 2021, vol. 20, issue 3, 29-44

Abstract: It is not easy to talk about economic competitiveness in the context of the global covid-19 pandemic but is necessary. In order to realize the recovery after the pandemic we have to see which are the benchmarks of an competitive environment and to focus on the areas with the highest added value. In the World Economic Forum latest index of Global Competitiveness Romania ranks highest on pillars such as ITC adoption, market size, Institutions and Innovation capability. These are the areas which has to be capitalized. But, in order to survive the global competition Romania must realize higher investments in both public and private sector. In this paper we aim to realize an analysis of the international competitiveness of Romania in the present context of the coronavirus pandemic and to identify some ways to increase it.

Keywords: competitiveness; crisis; coronavirus; effects; solutions. (search for similar items in EconPapers)
JEL-codes: G01 O11 O50 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pts:journl:y:2021:i:3:p:29-44

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