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National Competitiveness - Scenarios For Romania

Author

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  • HERCIU Mihaela

    ("Lucian Blaga" University of Sibiu)

Abstract

Competitiveness remains a continuous concern of nations in any stage of development, from factor based economy to innovation based economy. The present paper aims to emphasize the current level of national competitiveness of Romania, on one hand, and to identify possible ways to improve the current level by building scenarios in order to eliminate the uncertainty, on the other hand. The paper proposes four scenarios for increase GCI (growth competitiveness index) and four scenarios from pessimistic point of view (in these scenarios GCI will be decrease). In the near future, Romania must improve their pillars of national competitiveness and must increase their GDP per capita for transition process to stage three of development.

Suggested Citation

  • HERCIU Mihaela, 2012. "National Competitiveness - Scenarios For Romania," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 62(3), pages 36-47.
    • Handle: RePEc:blg:reveco:v:62.3:y:2012:i:3:p:36-47
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/RE%203-62-2012.pdf
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    More about this item

    Keywords

    national competitiveness; pillars; stage of development; scenarios; Romania;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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