POLICIES FOR PROMOTING COMPETITIVENESS IN EASTERN AND CENTRAL EUROPE IN THE CONTEXT OF THE EUROPE 2020 STRATEGY
The present paper aims to identify the competitiveness gap between ten Eastern and Central European (ECE) countries and effective measures for bridging this gap. We find that Romania and Bulgaria are far behind the European countries that joined the European Union (EU) in 2004 in terms of competitiv...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2014-11-01
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| Series: | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
| Subjects: | |
| Online Access: | http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/3/42 |
| _version_ | 1798039782954106880 |
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| author | Oana Cristina Popovici Adrian Cantemir Calin |
| author_facet | Oana Cristina Popovici Adrian Cantemir Calin |
| author_sort | Oana Cristina Popovici |
| collection | DOAJ |
| description | The present paper aims to identify the competitiveness gap between ten Eastern and Central European (ECE) countries and effective measures for bridging this gap. We find that Romania and Bulgaria are far behind the European countries that joined the European Union (EU) in 2004 in terms of competitiveness. Moreover, since the adhesion year, Romania and Bulgaria competitiveness improved very slowly, while other European
countries accelerated their growth in terms of competitiveness. For this reason, the living standard of Romanians and Bulgarians increased very little compared to the increases in the rest of the ECE countries. For proving that increasing competitiveness drives an increase in GDP per capita, we also identify the gap between the actual GDP per capita and the potential GDP per capita if each of the analysed countries would apply the European
Commission recommended measures for boosting competitiveness, as described in the Europe 2020 Strategy. We conclude that, unless harsh measures are imposed for increasing
competitiveness, Romania and Bulgaria risk to remain far behind the rest of the analyzed countries. In this respect, we propose public policies actions based on other ECE countries good practices focused on the domains Romania and Bulgaria must improve. |
| first_indexed | 2024-04-11T21:58:27Z |
| format | Article |
| id | doaj.art-41954ab42e98468b9f350ed910f5e5f1 |
| institution | Directory Open Access Journal |
| issn | 1584-2339 2285-3065 |
| language | English |
| last_indexed | 2024-04-11T21:58:27Z |
| publishDate | 2014-11-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice |
| spelling | doaj.art-41954ab42e98468b9f350ed910f5e5f12022-12-22T04:01:01ZengSciendoStudia Universitatis Vasile Goldis Arad, Seria Stiinte Economice1584-23392285-30652014-11-0124388100POLICIES FOR PROMOTING COMPETITIVENESS IN EASTERN AND CENTRAL EUROPE IN THE CONTEXT OF THE EUROPE 2020 STRATEGYOana Cristina Popovici0Adrian Cantemir Calin1The Bucharest University of Economic StudiesInstitute for Economic Forecasting BucharestThe present paper aims to identify the competitiveness gap between ten Eastern and Central European (ECE) countries and effective measures for bridging this gap. We find that Romania and Bulgaria are far behind the European countries that joined the European Union (EU) in 2004 in terms of competitiveness. Moreover, since the adhesion year, Romania and Bulgaria competitiveness improved very slowly, while other European countries accelerated their growth in terms of competitiveness. For this reason, the living standard of Romanians and Bulgarians increased very little compared to the increases in the rest of the ECE countries. For proving that increasing competitiveness drives an increase in GDP per capita, we also identify the gap between the actual GDP per capita and the potential GDP per capita if each of the analysed countries would apply the European Commission recommended measures for boosting competitiveness, as described in the Europe 2020 Strategy. We conclude that, unless harsh measures are imposed for increasing competitiveness, Romania and Bulgaria risk to remain far behind the rest of the analyzed countries. In this respect, we propose public policies actions based on other ECE countries good practices focused on the domains Romania and Bulgaria must improve.http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/3/42Competitivenesseconomic developmentEuropean UnionEurope 2020 Strategypublic policies |
| spellingShingle | Oana Cristina Popovici Adrian Cantemir Calin POLICIES FOR PROMOTING COMPETITIVENESS IN EASTERN AND CENTRAL EUROPE IN THE CONTEXT OF THE EUROPE 2020 STRATEGY Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice Competitiveness economic development European Union Europe 2020 Strategy public policies |
| title | POLICIES FOR PROMOTING COMPETITIVENESS IN EASTERN AND CENTRAL EUROPE IN THE CONTEXT OF THE EUROPE 2020 STRATEGY |
| title_full | POLICIES FOR PROMOTING COMPETITIVENESS IN EASTERN AND CENTRAL EUROPE IN THE CONTEXT OF THE EUROPE 2020 STRATEGY |
| title_fullStr | POLICIES FOR PROMOTING COMPETITIVENESS IN EASTERN AND CENTRAL EUROPE IN THE CONTEXT OF THE EUROPE 2020 STRATEGY |
| title_full_unstemmed | POLICIES FOR PROMOTING COMPETITIVENESS IN EASTERN AND CENTRAL EUROPE IN THE CONTEXT OF THE EUROPE 2020 STRATEGY |
| title_short | POLICIES FOR PROMOTING COMPETITIVENESS IN EASTERN AND CENTRAL EUROPE IN THE CONTEXT OF THE EUROPE 2020 STRATEGY |
| title_sort | policies for promoting competitiveness in eastern and central europe in the context of the europe 2020 strategy |
| topic | Competitiveness economic development European Union Europe 2020 Strategy public policies |
| url | http://publicatii.uvvg.ro/index.php/studiaeconomia/issue/viewIssue/3/42 |
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