THE ECONOMIC REQUIREMENTS FOR ROMANIA’S EU ACCESSION
Franz Holzl
Abstract
Franz Holzl
Abstract
Romania does not have a functional market economy and cannot face the competition pressures and the economic powers in the EU. In order to meet the EU economic accession requirements, Romania must undergo a number of complex and long processes. As compared to the last years, Romania has made some steps forward. This progress must be consolidated in order to secure a powerful economic growth and a higher living standard.
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Romania does not have a functional market economy and cannot face the competition pressures and the economic powers in the EU. In order to meet the EU economic accession requirements, Romania must undergo a number of complex and long processes. As compared to the last years, Romania has made some steps forward. This progress must be consolidated in order to secure a powerful economic growth and a higher living standard.
Key concepts: Accession, Order (exchange), Economics, Competition (biology), Economic system, Face (sociological concept), International economics, International trade