GENERALITIES ON THE COMPETITIVENESS OF ROMANIA’S ECONOMY. 2010-2012 PERIOD

Abstract

In the paper “Generalities related to the competitiveness of Romania’s economy in the 2010-2012 period†I presented the criteria used to measure Romania’s performance in increasing competitiveness. The criteria used to measure the performance are part of five key-areas, namely: productivity; export performance; innovation; business environment and infrastructure; finance and investments. Currently, Romania is part of the last groups of European countries in terms of increasing competitiveness, together with Bulgaria, Czech Republic, Poland, Hungary, Slovakia, Latvia and Lithuania. The economies with the highest performance are those of Germany, Denmark, Finland, Sweden, Austria, Ireland, the Netherlands, the United   Kingdom, Belgium and France. According to the document presented by the European Commission in May 2013, Romania is presented as having an low overall economic competitiveness.