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Strategy vs. inertia: what is the future of Romania?

Strategy vs. inertia: what is the future of Romania?

Author: Victor Iancu, Partner, Strategy Department Leader, EY Romania

Romania has been struggling for years with the absence of a coherent national planning framework, a central instrument to coordinate public policies in the medium and long term and to provide clear development directions. Such a strategic framework would allow not only to anticipate future challenges and optimize resource allocation, but also to create an environment conducive to attracting long-term investments. However, political instability, electoral cycles and the lack of a strategic planning culture have so far prevented the achievement of a national consensus and the efficient coordination of development efforts, keeping Romania in a state of stagnation in this essential chapter.

For more information, please see the Romanian version of the article, here.

 

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