Romania’s place in the European Union – Economic, Social and Managerial

Prof. Constantin ANGHELACHE PhD (email:
Bucharest University of Economic Studies / „Artifex” University of Bucharest
Assoc. prof. Mădălina-Gabriela ANGHEL PhD (email:
„Artifex” University of Bucharest


Romania has been a member of the European Union since 1 January 2007. Accession has taken place following intense preparation, the documents agreed and signed being an undeniable test. It would have been normal for Romania’s economy to be equally prepared to be able to integrate quickly and to get closer to the required standards. Unfortunately, there are a number of delays, delays or difficulties in completing the full integration / standardization process with the requirements of the European Union. The study, underlying this article, presents, in summary, the state of the Romanian economy, in terms of the strategic objectives, the prospects for realization, the obvious and estimated consequences. It is also interesting to present the current situation and the significant trends of the evolution of the national economy in order to reveal the measures to be implemented in order for Romania to become an equal partner in concrete terms with the possibility to impose some aspects of national interest, such as accessing distributed Community funds. The study takes into account a number of 29 indicators registered by Romania compared to the average of the European Union and other Member States.

The main analyzes made are the main priorities that Romania should take into account in the economic and social development. Space is given and a presentation of the need to pay increased attention to economic research as a driver for development.
Keywords: economic growth, inflation, strategy, unemployment, Gross Domestic Product, economic model
JEL Classification: E24, E31, O40

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Romanian Statistical Review 1/2019