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Measuring International Competitiveness of Economies and the Strategic Objectives of Public Policies in Romania

Author

Listed:
  • Manuela Unguru
  • Razvan Voinescu

Abstract

The aim of this article is to highlight the determinants of economic competitiveness that could simultaneously support long-term economic convergence and to identify necessary adjustments for public policies that would help achieve this objective. The analysis suggests that the Romanian public policies should focus on those objectives that enhances sectoral objectives, namely: i) strengthening macroeconomic outlook and improving the quality of public management; ii) sustainable development of human capital through education and training; iii) improving the quality of business environment.

Suggested Citation

  • Manuela Unguru & Razvan Voinescu, 2015. "Measuring International Competitiveness of Economies and the Strategic Objectives of Public Policies in Romania," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 7(2).
    • Handle: RePEc:iem:journl:v:7:i:2:y:2015:id:2822000009356023
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    File URL: http://www.iem.ro/rem/index.php/REM/article/view/205
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    More about this item

    Keywords

    international competitiveness; economic convergence; competitiveness policie;
    All these keywords.

    JEL classification:

    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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