Auraș Marinescu Bogdan-Tiberius Paşca European Affairs Advisers

Total Page:16

File Type:pdf, Size:1020Kb

Auraș Marinescu Bogdan-Tiberius Paşca European Affairs Advisers Auraș Marinescu Bogdan-Tiberius Paşca European affairs advisers Directorate for Employment and Equal Opportunities Ministry of Labour, Family, Social Protection and Elderly Romania the largest market in South Eastern Europe 238,391 km2 Area: (9th largest in EU) Over 20 million Population: 1000 km radius (7th largest in EU) 1500 km radius Bucharest Capital city: 2 million European Member since st Union status January1 ,2007 EU,NATO,WTO, Affiliation: WB, IMF. LEU (RON) 1EUR=4.4190 RON Domestic 1USD=3.279 RON Bucharest BLACK SEA Bucharest currency: (Annual average - 2013) Official Romanian language: Administ. 41 counties and division: Bucharest 2 Significant Potential for Growth 2013 Romania 3.5% GDP 2013: 3.5% - the highest in EU Poland 1.6% 8.5% 7,9% 7,3% Hungary 1.1% 6,3% GDP Growth Rate 5,2% Slovakia 0.9% 4,2% 3,5% 2.2% Bulgaria 0.9% 0.7% Source: EUROSTAT EUROSTAT Source: Czech Rep -0.9% 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 -1.1% Slovenia -1.1% Source: National Institute of Statistics; GDP EU 28 EU 28 0.1% -6,6% Source: Eurostat IMF: Romania among the first 10 EU countries with the highest GDP growth in 2014; 3 Inflation Rate Inflation Rate in Romania Target: 2014: 2.5% 4 Source: Eurostat Inward FDI Flows 2013 9496 9059 Annual Inward FDI Czech Republic 3760 Romania 2725 7250 Hungary 1768 5183 5213 Bulgaria 1092 3488 Serbia 779 million EUR 2700 2220 Slovakia 445 2138 1946 1815 Croatia 437 Poland¹ -2200 Source: 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Source: National Bank of Romania Vienna Institute for International Economic Studies ¹ National Bank of Poland 2013: EUR 2.7 bill. Stock: EUR 60.0 bill. (1990–2013); 5 Top 10 Investing Countries STOCK 1990-2012: 59126 mill euro Netherlands Austria Germany France Italy 22.4% 1 18.5% 2 11.0% 3 8.9% 4 5.0% 5 13229 10920 6499 5272 2930 Cyprus Greece Switzerland USA Luxemburg 6 7 8 9 10 4.5% 4.3% 3.7% 3.1% 2.3% 2687 2529 2194 1809 1368 Source: National Bank of Romania 6 Human Capital Demographics Young population (more than 50% under 40 years old) Over 20 million people Talent pool 108 universities, 629 faculties 214,800 university graduates/yr Cities with more than 100,000 inhabitants Availability of technical engineers more than 1,000,000 inhabitants High industrial experience 300,000 – 400,000 inhabitants 200,000 – 300,000 inhabitants Flexibility 100,000 – 200,000 inhabitants Foreign language skills Source: National Institute of Statistics 7 Labor Cost Gross average monthly wages Gross average monthly wages 1600 1525 2012 - EUR EUR 1400 474 471 479 428 445 460 1200 450 993 400 326 1000 846 350 800 771 267 800 300 250 204 179 600 479 200 383 150 400 100 200 50 0 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Slovenia Czech Rep. Poland Slovakia Hungary Romania Bulgaria Source: Vienna Institute for International Economic Studies Source: National Institute of Statistics; Romania will hold on its competitive advantage related to labor cost; The employers enjoy a flexible labor code Romania has the second-lowest average wage in EU Romania still offers goods and utilities at a lower price in comparison with European average 8 10 Major University Centers TARGU - MURES CLUJ-NAPOCA 12 thou IASI 57 thou S: 79% P: 21% 55 thou S: 93% P: 7% S: 90% P: 10% SIBIU BRASOV 22 thou 46 thou S: 92% P: 8% S: 69% P: 31% GALATI 18 thou S: 87% P: 13% TIMISOARA 40 thou S: 89% P: 11% PITESTI CRAIOVA BUCURESTI BUCURESTI 12 thou S: 86% P: 14% 30 thou S: 89% P: 11% 222 thou State: 67% Private: 33% 9 CONCLUSIONS . Romania’s accession to the EU improved the Romanian business environment, improvement felt by means of a more stable legal framework and the existence of more transparent business practices. The obstacles from the free movement of goods and services were removed or in process of removal. A common legal framework provided by the Single Market will increase the overall efficiency of the Romanian economy by improving the resources allocation, increasing of specialisation degree and the competitiveness stimulation. By improving the business environment, Romania is already an attractive target for foreign investments. Attracting a huge inflow of foreign investments will directly and rapidly ensure the access to an effective management, modern technologies, as well as to the labor market segmentation. .
Recommended publications
  • List of Participants
    JUNE 26–30, Prague • Andrzej Kremer, Delegation of Poland, Poland List of Participants • Andrzej Relidzynski, Delegation of Poland, Poland • Angeles Gutiérrez, Delegation of Spain, Spain • Aba Dunner, Conference of European Rabbis, • Angelika Enderlein, Bundesamt für zentrale United Kingdom Dienste und offene Vermögensfragen, Germany • Abraham Biderman, Delegation of USA, USA • Anghel Daniel, Delegation of Romania, Romania • Adam Brown, Kaldi Foundation, USA • Ann Lewis, Delegation of USA, USA • Adrianus Van den Berg, Delegation of • Anna Janištinová, Czech Republic the Netherlands, The Netherlands • Anna Lehmann, Commission for Looted Art in • Agnes Peresztegi, Commission for Art Recovery, Europe, Germany Hungary • Anna Rubin, Delegation of USA, USA • Aharon Mor, Delegation of Israel, Israel • Anne Georgeon-Liskenne, Direction des • Achilleas Antoniades, Delegation of Cyprus, Cyprus Archives du ministère des Affaires étrangères et • Aino Lepik von Wirén, Delegation of Estonia, européennes, France Estonia • Anne Rees, Delegation of United Kingdom, United • Alain Goldschläger, Delegation of Canada, Canada Kingdom • Alberto Senderey, American Jewish Joint • Anne Webber, Commission for Looted Art in Europe, Distribution Committee, Argentina United Kingdom • Aleksandar Heina, Delegation of Croatia, Croatia • Anne-Marie Revcolevschi, Delegation of France, • Aleksandar Necak, Federation of Jewish France Communities in Serbia, Serbia • Arda Scholte, Delegation of the Netherlands, The • Aleksandar Pejovic, Delegation of Monetenegro, Netherlands
    [Show full text]
  • The Bosnian War Crimes Chamber: a Successfully Domestic Hybrid Tribunal
    31 THE BOSNIAN WAR CRIMES CHAmbER: A SUCCESSFULLY DOMESTIC HYBRID TRIBUNAL Matteo Godi The Bosnian War Crimes Chamber (BWCC), a locally owned tribunal, holds promise to facilitate reconciliation in Bosnia-Herzegovina (BiH) through the individualization of guilt. The establishment of the BWCC in January 2005 marked a significant step toward establishing rule of law principles in BiH. While Bosnian courts were trying cases immediately after the Dayton Agreement had been signed, international and national concerns arose over the trials’ fairness and effectiveness. The BWCC, an offspring of the International Criminal Court for the former Yugoslavia (ICTY), was aimed at addressing these concerns, but has not been free from criticisms. This paper will challenge two of the main critiques advanced against the BWCC—namely, that of being Serb-biased and that of being counterproductive to reconciliation. While the Chamber’s poor outreach efforts have thus far proven counterproductive in making this process effective, targeting individual wrongdoers rather than ethnic groups can potentially avoid the dangerous generalization of guilt that inexorably fuels ethnic division, which was the cause of the Bosnian war in the first place. INTRODUCTION Ten years after the signing of the Dayton Agreement, following international criminal trials by the International Criminal Court for the former Yugoslavia (ICTY) and ineffective domestic prosecutions, the Bosnian War Crimes Chamber (BWCC) was created by a joint effort of the Office of the High Representative (OHR) of Bosnia-Herzegovina (BiH) and the ICTY. The BWCC, a hybrid court, was meant to address some of the problems of the domestic judiciary in prosecuting war crimes— among them, its partiality and inability to protect itself from political influence.
    [Show full text]
  • Long-Range Ballistic Missile Defense in Europe
    Long-Range Ballistic Missile Defense in Europe Steven A. Hildreth Specialist in Missile Defense Carl Ek Specialist in International Relations September 23, 2009 Congressional Research Service 7-5700 www.crs.gov RL34051 CRS Report for Congress Prepared for Members and Committees of Congress Long-Range Ballistic Missile Defense in Europe Summary In early 2007, after several years of internal discussions and consultations with Poland and the Czech Republic, the Bush Administration formally proposed deploying a ground-based mid- course defense (GMD) element in Europe of the larger Ballistic Missile Defense System (BMDS) to defend against an Iranian missile threat. The system would have included 10 interceptors in Poland, a radar in the Czech Republic, and another radar deployed in a country closer to Iran, all to be completed by 2013 at a reported cost of at least $4 billion. The proposed European BMD capability raised a number of foreign policy challenges in Europe and with Russia. On September 17, 2009, the Obama Administration announced it would cancel the Bush- proposed European BMD program. Instead, Defense Secretary Gates announced U.S. plans to develop and deploy a regional BMD capability that can be deployed around the world on relatively short notice during crises or as the situation may demand. Gates argued this new capability, based primarily around current BMD sensors and interceptors, would be more responsive and adaptable to growing concern over the direction of Iranian short- and medium- range ballistic missile proliferation. This capability would continue to evolve and expand over the next decade. This report is updated for Senate consideration of the defense appropriations bill (H.R.
    [Show full text]
  • Factoring Perspective: Croatia Vs European Union
    Baresa, Suzana, Sinisa Bogdan, and Zoran Ivanovic. 2012. Factoring perspective: Croatia vs European Union. UTMS Journal of Economics 3 (2): 141–166. Preliminary communication (accepted September 21, 2012) FACTORING PERSPECTIVE: CROATIA VS EUROPEAN UNION Suzana Baresa 1 Sinisa Bogdan Zoran Ivanovic Abstract: This paper points out the problems of liquidity, disposal and obtaining funds, inability to collect receivables, delayed payments in times of economic and financial instability and dynamic business upheavals and uncertainty. As a contribution to resolve these issues new alternative methods of financing for business are imposing, one of them is factoring. Although most countries don’t have adequate legal framework, factoring has emerged as the dominant form of financing, whose current status and development points to the prospects of development in the future. In terms of measures and actions which are taken to combat these issues, as well as legislation, many efforts are made at international level in European Union and in Croatia. Overview and description of the factoring development, and indications for further development are presented in relation to the world, the European Union and the Republic of Croatia. This paper also describes factoring comparison among European countries. Key words: factoring, liquidity, delayed payments, Republic Croatia, European Union, receivables. Jel Classification: G32, G33, G35, O52 INTRODUCTION The Republic of Croatia is in the process of accession to the European Union, that process, despite all kinds of problems, requires significant changes to the system-wide. The change has occurred in the whole system of the economy, especially in the financial system. Changes to legislation that had to be coordinated with the European Union have led to significant changes in the area of financial services.
    [Show full text]
  • War Crimes Chamber of the Court of Bosnia and Herzegovina
    PROSECUTIONS CASE STUDIES SERIES The War Crimes Chamber in Bosnia and Herzegovina: From Hybrid to Domestic Court (2008) ©2008 International Center for Transitional Justice and Bogdan Ivaniševi ć ©2008 International Center for Transitional Justice This document may be cited as Bogdan Ivanišević, The War Crimes Chamber in Bosnia and Herzegovina: From Hybrid to Domestic Court (2008), International Center for Transitional Justice i ABOUT THE ICTJ The International Center for Transitional Justice (ICTJ) assists countries pursuing accountability for past mass atrocity or human rights abuse. The Center works in societies emerging from repressive rule or armed conflict, as well as in established democracies where historical injustices or systemic abuse remain unresolved. In order to promote justice, peace, and reconciliation, government officials and nongovernmental advocates are likely to consider a variety of transitional justice approaches including both judicial and nonjudicial responses to human rights crimes. The ICTJ assists in the development of integrated, comprehensive, and localized approaches to transitional justice comprising five key elements: prosecuting perpetrators, documenting and acknowledging violations through nonjudicial means such as truth commissions, reforming abusive institutions, providing reparations to victims, and facilitating reconciliation processes. The Center is committed to building local capacity and generally strengthening the emerging field of transitional justice, and works closely with organizations and experts around the world to do so. By working in the field through local languages, the ICTJ provides comparative information, legal and policy analysis, documentation, and strategic research to justice and truth-seeking institutions, nongovernmental organizations, governments, and others. ABOUT THE AUTHOR Bogdan Ivanišević has been a Belgrade-based consultant to the former Yugoslavia Program of the International Center for Transitional Justice since November 2006.
    [Show full text]
  • Digital Czech Republic: How We Grow
    Digital Czech Republic: How we grow Report | January 2017 Preface Digital Czech Republic is a McKinsey & Company Insights and aspirations for the different industry report that attempts to provide a holistic view sectors of this report were developed together with of digitization in the Czech Republic. It aims to our sector leaders: Wojtek Bogdan, Viktor Hanzlík, quantify – for the first time – the opportunity that Ivan Jelic, András Kadocsa, Michal Čermák, digitization presents for the Czech economy. Tomáš Karakolev, Peter Kováčik, John Leach, Its aspiration is to help businesses think about Michal Skalský, Daniel Svoboda, Michal Valachovič digitization and to offer a number of sector-specific and Jiří Franta. We are also thankful to David Tan perspectives and potential ambitions. An additional and Sergey Khon from Finalta, who provided us goal is to consider the role of digitization beyond with unique insights on the financial segment. business, and offer policy makers and citizens a Moreover, we would like to thank the experts who point of departure for thinking about digitization. provided their knowledge and expertise to various parts of this report. They are; Sree Ramaswamy, The report also reflects the deep commitment of Henk Broeders, Somesh Khanna, Adrian Booth, McKinsey’s Prague office to Czech economic and Niko Mohr, Peter Peters, Rajat Agarwal, Shankar social development. It continues the tradition of Chandrasekaran, Mukund Sridhar, Karel Dörner previous research, including our study on Czech and Jürgen Meffert. We would like to thank our economic potential (October 2015, in cooperation management consultants – Boris Reznicek, Marek with the Aspen Institute and Forbes), the potential Slobodnik, Dan Kohout, Albert Soukup and Lucie of women in Czech business (April 2012), and the Markova – who have been working together with state of the Czech education sector (September sector experts and contributors in writing this report.
    [Show full text]
  • Legacy of War: Minority Returns in the Balkans by Bogdan Ivanisevic
    Legacy of War: Minority Returns in the Balkans By Bogdan Ivanisevic In the territories that comprise the former Yugoslavia—notably Croatia, Bosnia and Herzegovina (hereafter Bosnia), and Kosovo—the failure of international and domestic efforts to promote the return of refugees and displaced persons has left substantially in place the wartime displacement of ethnic minorities. The Balkan experience offers an important lesson for other post-conflict situations: unless displacement and “ethnic cleansing” are to be accepted as a permanent and acceptable outcome of war, comprehensive and multi-faceted return strategies—with firm implementation and enforcement mechanisms—must be an early priority for peace-building efforts. Post-war efforts in the former Yugoslavia make clear that when these elements are present, minority return progresses; when they are absent, return stalls. In all parts of the former Yugoslavia affected by ethnic wars during the 1990s, persons displaced by war from areas in which they now comprise an ethnic majority were able to return to their homes fairly soon after the end of hostilities. The true measure of effectiveness of the return policies pursued by national authorities and the international community, however, is the extent to which minorities have been able to return. By that measure return has been far less successful. Most minority members are still displaced, and it is increasingly evident that, even if the conditions for return improve in the future, most will not return to their homes. In most areas of return, nationalistic politicians remained in power during the crucial immediate post-war period and either used that power to hinder the return of minorities, or did precious little to facilitate it.
    [Show full text]
  • CURRICULUM VITAE Dr. BOGDAN U
    CURRICULUM VITAE Dr. BOGDAN UUMLI Institute Mihailo Pupin, University of Belgrade Volgina 15, 11060 Belgrade, Serbia http://www.pupin.rs Oce Phone: +381 (0)11 2775 460 Cell Phone: +381 (0)66 9499 050 E-mail: bogdan.uscumlic@{pupin.rs, telecom-bretagne.eu, gmail.com} Homepage: http://www.pupin.rs/en/cv/bogdan-uscumlic-3/; http://perso.telecom-bretagne.eu/bogdanuscumlic/ BIOGRAPHY Bogdan U²¢umli¢ was born on 20 March 1981 in Zrenjanin, Serbia. There he nished the primary school Petar Petrovi¢ Njego² and Zrenjanin's High School. He got the M.Sc. degree in telecommunications from The Faculty of Electrical Engineering, University of Belgrade, in 2006. Bogdan U²¢umli¢ began the doctoral studies at TELECOM Bretagne in Brest, France in January 2007, and he defended the thesis in April 2010. By defending a dissertation entitled Optical Architecture and Trac Engineering in Optical Metropolitan Networks he acquired the title Doctor of information and communication science and technology. The thesis deals with the trac engineering issues in a WDM ring with optical packet switching and time-discrete access to the medium. The research tools used in this work are discrete time event simulator, developed by adding the new features to Network Simulator (ns-2), the analytical methods of queueing theory and the linear programming optimization techniques. Mentors were Prof. Annie Gravey and Michel Morvan, and thesis director was Prof. Jean-Louis De La Bougrenet Tocnaye. Members of the Commission for the defense of the thesis were: Prof. Bernard Cousin, Dr. Philippe Chanclou, Prof. Marc Sevaux, Prof. Annie Gravey, Prof. Jean-Louis De Bougrenet De La Tocnaye, Dr.
    [Show full text]
  • Made in the EU: Foxconn in the Czech Republic Rutvica Andrijasevic Devi
    Made in the EU: Foxconn in the Czech Republic Rutvica Andrijasevic Devi Sacchetto Author bios Rutvica Andrijasevic works at School of Management, University of Leicester. Her areas of expertise are gender and work, migration and citizenship and her work has address how contemporary forms of mobility and labour, such as ‘illegality’ and ‘trafficking’ problematize the relationship between free waged labour, rights and citizenship. She is the author of Agency, Migration and Citizenship in Sex Trafficking (Palgrave, 2010) and a member of the editorial collective Feminist Review. Devi Sacchetto works at the Department of Philosophy, Sociology, Education and Applied Psychology, University of Padua. His research interests are in labour and migration and he has published on topic of delocalization of production to Eastern Europe, migration and agriculture in Southern Europe, and seafarers’ working conditions. He is the author of Fabbriche Galleggianti. Solitudine e sfruttamento dei nuovi marinai (Jaca Book, 2009). Abstract Next to its 32 factories in mainland China, Foxconn has other 200 factories and subsidiaries around the world on which there is little or no data. This article focuses on plants in the Czech Republic, Foxconn’s most important European site and the hub for export-oriented electronics industry. It asks whether there are similarities between Foxconn’s Chinese and European sites, two locations commonly imagined as separate and opposite in their management practices and treatment of the workforce. Drawing on 60 interviews with workers and privileged informants, the article outlines the labour process, forms of control, composition of labour, the role of the state, and the reach and impact of the trade unions in Foxconn’s Czech plants.
    [Show full text]
  • Annual Report
    ANNUAL REPORT 2012 Client inspired banking Everyone deserves an individual approach Annual report 2012 Client inspired banking 2 Contents Survey of Key Data ������������������������������������������������������������������������������������������������������������3 Introducing Raiffeisenbank ������������������������������������������������������������������������������������������������4 Important Events in 2012 ���������������������������������������������������������������������������������������������������5 CEO‘s Statement ����������������������������������������������������������������������������������������������������������������6 Corporate Social Responsibility Report ����������������������������������������������������������������������������8 Report of the Supervisory Board ���������������������������������������������������������������������������������������9 Statutory and Supervisory Bodies���������������������������������������������������������������������������������� 10 Report of the Supervisory Board of Raiffeisenbank a�s� ������������������������������������������������12 Organisational Chart �������������������������������������������������������������������������������������������������������14 Economic Development in the Czech Republic ��������������������������������������������������������������17 Raiffeisenbank’s Market Position �������������������������������������������������������������������������������������18 Financial Section �������������������������������������������������������������������������������������������������������������
    [Show full text]
  • Republic of Moldova
    Grids & Datums REPUBLIC OF MOLDOVA by Clifford J. Mugnier, C.P., C.M.S. “The history of the Republic of Moldova is the history of two different Ottoman authorities, Moldova suffered repeated invasions by Turks, regions that have been joined into one country, but not into one na- Crimean Tatars, and Russians. In 1792 the Treaty of Iasi forced the tion: Bessarabia and Transnistria. Bessarabia, the land between the Ottoman Empire to cede all of its holdings in what is now Transnistria Prut and Nistru rivers, is predominantly ethnic Romanian in popula- to the Russian Empire. An expanded Bessarabia was annexed by, and tion and constitutes the eastern half of a region historically known incorporated into, the Russian Empire following the Russo-Turkish as Moldova or Moldavia (the Soviet-era Russian name). Transnistria War of 1806-12 according to the terms of the Treaty of Bucharest is the Romanian-language name for the land on the east bank of the of 1812. Moldovan territory west of the Prut River was united with Nistru River; the majority of the population there is Slavic -- ethnic Walachia. And in the same year, Alexandru Ioan Cuza was elected Ukrainians and Russians -- although Romanians are the single larg- prince of Walachia and the part of Moldova that lay west of the Prut est ethnic group there. To a great extent, Moldova's history has River, laying the foundations of modern Romania. These two regions been shaped by the foreigners who came to stay and by those who were united in 1861” (Library of Congress Country Studies, 1995).
    [Show full text]
  • Personal Name Policy: from Theory to Practice
    Dysertacje Wydziału Neofilologii UAM w Poznaniu 4 Justyna B. Walkowiak Personal Name Policy: From Theory to Practice Wydział Neofilologii UAM w Poznaniu Poznań 2016 Personal Name Policy: From Theory to Practice Dysertacje Wydziału Neofilologii UAM w Poznaniu 4 Justyna B. Walkowiak Personal Name Policy: From Theory to Practice Wydział Neofilologii UAM w Poznaniu Poznań 2016 Projekt okładki: Justyna B. Walkowiak Fotografia na okładce: © http://www.epaveldas.lt Recenzja: dr hab. Witold Maciejewski, prof. Uniwersytetu Humanistycznospołecznego SWPS Copyright by: Justyna B. Walkowiak Wydanie I, Poznań 2016 ISBN 978-83-946017-2-0 *DOI: 10.14746/9788394601720* Wydanie: Wydział Neofilologii UAM w Poznaniu al. Niepodległości 4, 61-874 Poznań e-mail: [email protected] www.wn.amu.edu.pl Table of Contents Preface ............................................................................................................ 9 0. Introduction .............................................................................................. 13 0.1. What this book is about ..................................................................... 13 0.1.1. Policies do not equal law ............................................................ 14 0.1.2. Policies are conscious ................................................................. 16 0.1.3. Policies and society ..................................................................... 17 0.2. Language policy vs. name policy ...................................................... 19 0.2.1. Status planning ...........................................................................
    [Show full text]