6533b82efe1ef96bd1292e4b

RESEARCH PRODUCT

NATIONAL COMPETITIVENESS - SCENARIOS FOR ROMANIA

Herciu Mihaela

subject

jel:O40jel:O10national competitiveness pillars stage of development scenarios Romania

description

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.