Business, Management and Accounting
7 years ago

Romania's Competitiveness Soars, Closing Gap with Western Europe After EU Membership

EUROPEAN RESEARCH STUDIES JOURNAL
A Decade of EU Membership: Evolution of Competitiveness in Romania
Constantin Zaman, Bogdan Meunier

Paper Summary

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The article looks at how Romania's competitiveness has changed since joining the EU. They used a Competitiveness Index based on five indicators to compare Romania with Bulgaria, Western European countries, and other Eastern European EU members. The study shows that Romania is catching up with its neighbors in terms of competitiveness and is slowly getting closer to the older EU member states.