Romania's Economic Growth Hinges on Improving Competitiveness, Study Shows
The article looks at how Romania's economy has been growing since it switched to a market system. By studying the country's balance of payments and economic model, the researchers found that Romania's growth is limited by its trade and internal financial imbalances. These imbalances show that Romania needs to boost its competitiveness to grow more. The study suggests that improving external competitiveness is crucial for Romania to achieve higher economic growth.