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Economy
1 Introduction
2 EU Enlargement and Eastern EU Enlargement
2.1 The Trade Approach
2.1.1 Gains from Trade
2.1.2 Specialization through Trade
2.1.3 Market Size • Increasing Market Size
2.1.4 Allocational Optimization and Factor Movements
2.2 The Development Approach to Regional Integration
2.3 The Single Market
2.3.1 Main Features of the Single European Market
2.3.2 Empirical Assessment
2.4 EU Enlargement 2004
2.4.1 Expected Effects of EEUE
2.4.2 First Evidence from EEUE 2004
2.4.2.1 Growth and Convergence
2.4.2.2 Labor Markets and Migration
2.4.2.3 FDI-Flows and Relocation of Economic Activities
2.5 Conclusions – Some Stylized Facts for EEUE
3 The Romanian Economy
3.1 The Initial Conditions
3.1.1 Political Background and Dynamics after the Revolution
3.1.2 The Economic Inheritance of 40 Years of Communism
3.2 Macroeconomy
3.2.1 Sub-Periods of the Romanian Transition Process
3.2.1.1 • 1990: Decisive but Populistic Start into Transition
3.2.1.2 • 1991 – 1992: Further Attempts to Reform in Romania
3.2.1.3 1993 – 1996: Stop of Romanian Reforms, Large Subsidies and Fragile Growth
3.2.1.4 1997 – 2000: New Wave
3.2.1.5 After 2000: Strong and Sustainable Growth in Romania
3.2.2 Sector Development in Romania
3.2.2.1 Romania’s Real Sector
3.2.2.2 Romania’s Labor Market
3.2.2.3 Romania’s External Sector
3.2.2.4 Romania’s Monetary Sector
3.2.2.5 Romania’s Fiscal Sector
3.2.3 Romania – Economic Outlook and Forcasts
3.3 Regions of Romania
3.3.1 Nord-East Region
3.3.2 South-East Region
3.3.3 South-Muntenia Region
3.3.4 Region South-West-Oltenia
3.3.5 West Region
3.3.6 North-West Region
3.3.7 Center Region
3.3.8 Region Bucharest-Ilfov
3.3.9 Regional Disparities
3.4 Migration
3.5 FDI Inflows
3.5 FDI Location
3.6 Sytlized Facts
4 Achiving Convergence
4.1 The Discussion
4.1.1 Romania’s Policy
4.1.2 The European Union
4.1.3 Wolrd Bank Advice
4.1.4 Business Surveys
4.1.5 Scientific Research
4.2 Statistical Analysis
4.2.1 Variables and Data
4.2.1.1 Dependent Variables
4.2.1.2 Institutions
4.2.1.3 Infrastructure
4.2.1.6 Human Capital
4.2.2 Romanian Institutions
4.2.3 Infrastructure & Education
4.3 Results of Analysis
5 Conclusions
6 Bibliography
7 How to Cite? An FAQ
Tourism
Cities in Romania
Brasov Kronstadt
Brasov Center
Black Church – Biserica Neagra
Council Square Brasov – Piata Sfatului
Poiana Brasov
Brasov City Wall
Castelul Bran – Bran Castle
Bucharest – Bucuresti
Casa Poporului in Bucharest
Triumphal Arch – Arcul de Triumf in Bucharest
CEC Bank Palace in Bucharest
Ateneul Roman – Bucharest
National Theatre Bucharest
Opera Romana Bucharest
Sibiu – Hermannstadt
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