Romania\'s income per capita has increased from 26 percent of the EU-28 average in 2000 to 63 percent in 2017, but this Economic success rests on the wobbly foundations of unfavorable demographics, weak human capital, and ineffective institutions.
Romanian manufacturing ?rms are exposed to domestic and international competition, ensuring the \'ow of resources and ma.
Going forward, stronger competition and better human capital are critical to increasing the economy\'s growth potential.
Romania\'s income per capita has increased from 26 percent of the EU-28 average in 2000 to 63 percent in 2017, but this Economic success rests on the wobbly foundations of unfavorable demographics, weak human capital, and ineffective institutions