Romania’s competitive advantage within the European Union area

Emilia Iordache and Alina Vasilica Voiculet

MPRA Paper from University Library of Munich, Germany

Abstract: The central idea of the paper emphasizes Romania’s competitive advantages in the EU and there are two analysis levels herein: the correct identification of Romania’s competitive advantages and the oportunities to value them. The paper aims at achieving a competitiveness analysis of the Romanian economy during 2006-2009. The Romanian economy’s integration within the European Union does not only mean a mere inclusion or accession into/to the Community, but it also represents the belonging to a strongly competitive area. Since the Union has mainly aimed at becoming the most competitive economy at world level, Romania has to face a double challenge: redefining its competitiveness and reducing the current gaps between its economy and the average level of the main EU social and economic indices. Redefining competitiveness is actually redefining competitiveness determiners. Reaching the convergence goal is based on the Romanian economy’s sustainable competitive advantages. The essential concern is their proper identification, as they are the result of a strategic vision. Taking account of these principles, Romania’s EU accession is acquiring new traits. Is there a competitiveness gain or is there a certain loss right from the moment of the accession?

Keywords: competitive advantages; export performance; competitiveness analysis (search for similar items in EconPapers)
JEL-codes: F15 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:28955

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