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The illusion of a free lunch using chopsticks

Published at: 09-11-2018

Posted on: November 9th, 2018 by RaduC No Comments

For some time now, Romania has been in the grasp of an illusion. It is based on the assumption that countries such as China or the Gulf states have so much cash available that their investment criteria are extremely loose.  Much more than the European requirements for granting development funds. To put it differently, they […]

Foreign funds plan to buy us cheap. Deal?

Published at: 02-11-2018

Posted on: November 2nd, 2018 by RaduC No Comments

In this post I would like to refer to a recent statement made in Bucharest by a Director of Amundi, the leading financial assets manager in Europe. According to press reports, he declared that doing away with the private pensions Pillar II „would be a very good thing for foreign institutional investors. The Bucharest Stock Exchange […]

Bu-cha-rest, not Bu-da-pest

Published at: 10-10-2018

Posted on: October 10th, 2018 by RaduC No Comments

This is a confusion that I have often come across among foreign athletes or artists coming to Romania. A mix-up that the general public treated at times light-heartedly, and other times with indignation. A mix-up rarely made by foreign politicians. Until recently. And this time round with considerable implications and no connection to the speaker`s […]

The hypocrisy drowning in smoke our Planet

Published at: 05-10-2018

Posted on: October 5th, 2018 by RaduC No Comments

I don`t think that we can build a pollution-free planet just on a voluntary change of behavior. This is a statement not likely to attract much sympathy. But frankly, I do believe that people will change their behavior on a massive scale only when driven by financial reasons. Many may do it on ethical grounds, […]

Welcome to the land of elders!

Published at: 21-09-2018

Posted on: September 21st, 2018 by RaduC No Comments

We live in a country which is aging and losing its population at an alarming rate. In the last 30 years the population fell by 3.5 million people and UN estimates show that by 2050 it will have lost another 3.3 million. That means that the country we live in will experience the 7th most […]

The inflation that nobody measures

Published at: 31-08-2018

Posted on: August 31st, 2018 by RaduC No Comments

Measuring inflation by keeping an eye on a basket of goods and services is not infallible. And that is not only due to the one-year delay in updating the consumer basket`s contents or because the contents vary with the population group. There are plenty other sources of distorting the real value of inflation. A frequent […]

Is Romania discriminated against by the credit rating agencies?

Published at: 24-08-2018

Posted on: August 24th, 2018 by RaduC No Comments

Romania`s credit ratings have never been the best compared with other countries in the region, either in absolute, or relative terms. This resulted in enough voices wondering on various occasions whether Romania might be discriminated against by the credit rating agencies in relation to its neighbors. A topic that I see resumed today. Let us […]

Good news for illiberal politicians

Published at: 10-08-2018

Posted on: August 10th, 2018 by RaduC No Comments

In 1997 the well-known CNN journalist and political analyst, Fareed Zakaria wrote a visionary commentary entitled “The rise of the illiberal democracy” which predicted the rise of a new category of leaders: popular autocrats intent on governing without much regard to the rule of law or civil rights. And that despite the fact that the […]

The kibitzers of the investing in RCS&RDS

Published at: 03-08-2018

Posted on: August 3rd, 2018 by RaduC No Comments

Managing portfolio investments is a job in itself. One for which professionals study hard a highly complex field which is not within everybody`s reach. There are no shortcuts and the responsibility is huge as these people deal with other people`s money and not their own. Moreover, more often than not, they operate under the scrutiny […]

Romanian economy at an inflection point

Published at: 20-07-2018

Posted on: July 20th, 2018 by RaduC No Comments

How can we decipher what is currently going on with the economy? Assuming that we are regular people with average knowledge in the area. What might seemingly conflicting statements, such as “the inflation that we are able to keep in check, has dropped, this is really great” and ”the uncertainties and risks arising from medium-term […]

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