Titlebook: Deindustrialization and Reindustrialization in Romania; Economic Strategy Ch Luminița Chivu,Constantin Ciutacu,George Georgescu Book 2017 T

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Die Eisenbahnverstaatlichung in der Schweize business environment for industry competitiveness and growth. In the final part of the chapter, the authors focus on the expected legal and institutional changes which could boost the reindustrialisation of Romania, highlighting the economic strategy challenges to be addressed in the medium and long term.

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The National and European Context of Industrial Development, research and development (R&D) and innovation. The chapter examines the manufacturing factor intensity by groups of industries, concluding that a new policy design is needed Romania to address the traditional trade-offs between horizontal and vertical policies by improving coordination and correcting market failures.

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Macroeconomic Changes in Romania During the Transition Period,ition period, the country has been confronted with adverse effects as result of sudden declines in GDP and slow recovery, high inflation, currency depreciation, trade balance deficits and growing external and public indebtedness.

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,Privatization-Driven Transformation of Romania’s Industrial Landscape,h many privatizations have proved successful—especially those made with the participation of strategic foreign investors, who hold a significant share in many industrial sectors—only one-fifth of all companies that have been privatized in Romania are still active.

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Industrial Production Restructuring,of the economy and the external environment. The chapter finally concludes that in Romania the decline of industries based on the technologies specific to previous industrial revolutions can be recognized not only as the consequences of deindustrialization, but also the influence of particular factors.

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