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The idea for this post came to me after reading a recent article in Ziarul Financiar (Financial Daily) that attempted to answer the question in the title above. The article offered as its main explanation the lack of significant investments,…
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The term “torn country” was consecrated by Samuel P. Huntington in his famous book The Clash of Civilizations. In essence, it is a country in whose social texture there are faults between the cultural and/or religious background of the society…
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That was not the plan. The European Union was not designed and created to become a geopolitical power. The intention, expressed explicitly or not, was that, after two world wars started in Europe, such an explosive context should never be…
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The rise of populism is a cause for concern all over the world. But the rise of this current of thought in Europe and the US is being watched particularly with concern, because of the major economic and geopolitical impact…
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The Western auto industry has been under a sustained attack by Chinese electric car manufacturers for over two years. The explanation present on most media channels refers to the alleged subsidies that the Chinese government gives to local manufacturers to…
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The other day, a friend who works in sales told me with frustration how, at a meeting with clients, one of the executives started praising the exceptional profitability of the company. Now, honestly, if at a car launch event the…
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Donald Trump’s victory is becoming more and more the main scenario of the American elections. Hence, analyses assessing the consequences of such an outcome are multiplying. To this end, Mr. Trump’s decisions during the previous presidency and the statements he…
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The prosperity of a country cannot be reflected by a single indicator For many people, macroeconomic indicators are big unknowns. Concepts like the current account deficit or core inflation are not understood by most of the general public, or even…
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As time passes and interest rates show no signs of decreasing, the impatience of the business environment and the population begins to grow. Both of them see their budgets affected by the increase in the cost of credit, which erodes…
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It is already common knowledge that, in the process of its accession to the EU and afterwards, Romania used only a part of the European funds it had at its disposal for development and accelerating convergence. Looking at the infrastructure…
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