To read the full version of this content please select one of the options below:

Further Romanian growth will require structural reform

Wednesday, July 5, 2017

Subject

Growth prospects.

Significance

Growth has been driven by a few high-performing sectors, such as manufacturing (especially automotive and IT). There are now prospects for accelerating convergence with the EU. Marked inequalities between sectors and regions remain.

Impacts

  • Romania is becoming an attractive destination for foreign investment in higher-value-added activities.
  • Skills shortages are likely to increase, requiring intervention in education and migration policy.
  • There is increased pressure on the government to provide leadership and address structural issues.
Expert Briefings Powered by Oxford Analytica
Stay up to date
Sign up to the Expert Daily Briefings email alert and receive up-to-the-minute analysis of global events as they happen.
*If your university does not have access to Expert Briefings, visit our information page to find out more.