Publication:
Subnational Business Ready in the European Union 2024: Romania

Loading...
Thumbnail Image
Published
2024-11-06
ISSN
Date
2024-10-30
Author(s)
Editor(s)
Abstract
This year, the Subnational B-READY series cover 40 cities in six EU Member States—Bulgaria, Croatia, Hungary, Portugal, Romania, and the Slovak Republic—covering 36 European regions. In Romania, the Subnational B-READY covers nine cities in eight regions at the NUTS2 level: Brașov (Centre), Bucharest (Bucharest-Ilfov), Cluj-Napoca, Oradea (North-West), Constanța (South-East), Craiova (South-West Oltenia), Iași (North-East), Ploiești (South Muntenia), and Timișoara (West). The primary objective of the Subnational B-READY studies is to identify and address regional disparities in regulatory environments and to promote reforms that foster private sector growth, job creation, and sustainability. The Subnational B-READY series delivers a rigorous, data-driven analysis of business climates at the local level, offering actionable insights for policy makers.
Link to Data Set
Citation
World Bank. 2024. Subnational Business Ready in the European Union 2024: Romania. © World Bank. http://hdl.handle.net/10986/42338 License: CC BY 3.0 IGO.
Digital Object Identifier
Associated URLs
Associated content
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue

Related items

Showing items related by metadata.

  • Publication
    Subnational Business Ready in the European Union 2024: Hungary
    (Washington, DC: World Bank, 2024-11-06) World Bank
    This year, the Subnational B-READY series cover 40 cities in six EU Member States—Bulgaria, Croatia, Hungary, Portugal, Romania, and the Slovak Republic—covering 36 European regions. In Hungary, the Subnational B-READY covers seven cities in seven regions at the NUTS2 level: Budapest (Budapest), Debrecen (Northern Great Plain), Győr (Western Transdanubia), Miskolc (Northern Hungary), Pécs (Southern Transdanubia), Szeged (Southern Great Plain), and Székesfehérvár (Central Transdanubia). The primary objective of the Subnational B-READY studies is to identify and address regional disparities in regulatory environments and to promote reforms that foster private sector growth, job creation, and sustainability. The Subnational B-READY series delivers a rigorous, data-driven analysis of business climates at the local level, offering actionable insights for policy makers.
  • Publication
    Subnational Business Ready in the European Union 2024: Bulgaria
    (World Bank, Washington DC, 2024-11-06) World Bank
    This year, the Subnational B-READY series cover 40 cities in six EU Member States—Bulgaria, Croatia, Hungary, Portugal, Romania, and the Slovak Republic—covering 36 European regions. In Bulgaria, the Subnational B-READY covers six cities in six regions at the NUTS2 level: Burgas (Southeastern), Pleven (Northwestern), Plovdiv (Southern Central), Ruse (Northern Central), Sofia (Southwestern), and Varna (Northeastern). The primary objective of the Subnational B-READY studies is to identify and address regional disparities in regulatory environments and to promote reforms that foster private sector growth, job creation, and sustainability. The Subnational B-READY series delivers a rigorous, data-driven analysis of business climates at the local level, offering actionable insights for policy makers.
  • Publication
    Subnational Business Ready in the European Union 2024: Portugal
    (Washington, DC: World Bank, 2024-11-06) World Bank
    This year, the Subnational B-READY series cover 40 cities in six EU Member States—Bulgaria, Croatia, Hungary, Portugal, Romania, and the Slovak Republic—covering 36 European regions. In Portugal, the Subnational B-READY covers eight cities in seven regions at the NUTS2 level: Braga (North), Coimbra (Center), Évora (Alentejo), Faro (Algarve), Funchal (Autonomous Region of Madeira), Lisbon (Lisbon Metropolitan Area), Ponta Delgada (Autonomous Region of the Azores), and Porto (North). The primary objective of the Subnational B-READY studies is to identify and address regional disparities in regulatory environments and to promote reforms that foster private sector growth, job creation, and sustainability. The Subnational B-READY series delivers a rigorous, data-driven analysis of business climates at the local level, offering actionable insights for policy makers.
  • Publication
    Subnational Business Ready in the European Union 2024: Croatia
    (Washington, DC: World Bank, 2024-11-06) World Bank
    This year, the Subnational B-READY series cover 40 cities in six EU Member States—Bulgaria, Croatia, Hungary, Portugal, Romania, and the Slovak Republic—covering 36 European regions. In Croatia, the Subnational B-READY covers five cities in four regions at the NUTS2 level: Osijek (Pannonian Croatia), Rijeka (Adriatic Croatia), Split (Adriatic Croatia), Varaždin (Northern Croatia), and Zagreb (City of Zagreb). The primary objective of the Subnational B-READY studies is to identify and address regional disparities in regulatory environments and to promote reforms that foster private sector growth, job creation, and sustainability. The Subnational B-READY series delivers a rigorous, data-driven analysis of business climates at the local level, offering actionable insights for policy makers.
  • Publication
    Subnational Business Ready in the European Union 2024: Slovak Republic
    (Washington, DC: World Bank, 2024-11-06) World Bank
    This year, the Subnational B-READY series covers 40 cities in six EU Member States—Bulgaria, Croatia, Hungary, Portugal, Romania, and the Slovak Republic—covering 36 European regions. In the Slovak Republic, the Subnational B-READY covers five cities in four regions at the NUTS2 level: Bratislava (Bratislava region), Košice (Eastern), Prešov (Eastern), Trnava (Western), and Žilina (Central). The primary objective of the Subnational B-READY studies is to identify and address regional disparities in regulatory environments and to promote reforms that foster private sector growth, job creation, and sustainability. The Subnational B-READY series delivers a rigorous, data-driven analysis of business climates at the local level, offering actionable insights for policy makers.

Users also downloaded

Showing related downloaded files

  • Publication
    Beyond Unicorns
    (Washington, DC: World Bank, 2021-07-28) World Bank
    Similar to many other countries around the world, the COVID-19 (coronavirus) pandemic has hit Indonesia hard. Latest estimates suggest that about 5.1 million people—equivalent to 2.4 percent of the working-age population—have lost their jobs, while an additional 24 million have had to work reduced hours due to the pandemic. As many as 50 percent of workers have experienced a reduction in earnings. The impact on living standards has been devastating, with more than 2.2 million Indonesians estimated to have been pushed into COVID-19-induced poverty in 2020. One unexpected silver lining from the crisis, however, has been the turbo-charged adoption of digital technologies. Businesses, both large and small, have flocked to digital technologies to try to ensure the continuity of their operations. School closures have forced students and teachers to adapt and explore digitally enabled remote learning options, including the adoption of a variety of EdTech solutions. HealthTech apps enabling remote consultations and the delivery of medicine have seen unprecedented growth in adoption rates. Confined at home due to mobility restrictions, Indonesians have switched to the internet for their entertainment and social needs, driving sharp growth in the usage of digital media (music and video streaming) and communications applications. With this pandemic-induced flight to digital expected to be permanent to a large extent, there is excitement about an even greater acceleration in what was already the fastest growing digital economy in Southeast Asia. But at the same time questions have also emerged about the possibility of the differential access to and adoption of digital technologies compounding existing inequalities. For a country that considers achieving balanced development one of its key priorities, this is an important new challenge.
  • Publication
    Urbanization and Growth : Commission on Growth and Development
    (World Bank, 2009) Spence, Michael; Annez, Patricia Clarke; Buckley, Robert M.
    Structural change is a key driver of rapid growth: countries diversify into new industries, firms learn new things, people move to new locations. Anything that slows this structural change is also likely to slow growth. Because urbanization is one of the most important enabling parallel processes in rapid growth, making it work well is critical. Urbanization's contribution to growth comes from two sources: the difference between rural and urban productivity levels and more rapid productivity change in cities. In the early decades of development, when the majority of the population is still rural, the jump from rural to urban employment makes a big contribution to growth. As cities grow larger, the second effect faster gains in urban productivity - begins to dominate, as it operates on a larger base. Mortgages can improve households' ability to buy decent housing. But finance relaxes demand constraints only. Unless it is accompanied by measures to increase supply, better finance may result in overshooting prices. This volatility can jeopardize macroeconomic stability. In a typical pattern, strong income growth leads to a rapid increase in housing demand. An injection of liquidity from some source, often overseas, may help over stimulate the market, leading to over optimism and a dangerous concentration of wealth in real estate.
  • Publication
    World Bank Annual Report 2024
    (Washington, DC: World Bank, 2024-10-25) World Bank
    This annual report, which covers the period from July 1, 2023, to June 30, 2024, has been prepared by the Executive Directors of both the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—collectively known as the World Bank—in accordance with the respective bylaws of the two institutions. Ajay Banga, President of the World Bank Group and Chairman of the Board of Executive Directors, has submitted this report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors.
  • Publication
    Exploiting Synergies between Rooftop Solar PV and Energy Efficiency Investments in the Built Environment
    (World Bank, Washington, DC, 2017-12) Makumbe, Pedzi
    The synergies between rooftop solar PV (RPV) and energy efficiency (EE) investments in the built environment include lower specific transaction costs, optimized RPV systems, shorter project payback periods (compared to RPV-only projects), and, for EE, enhanced project visibility. These synergies improve the likelihood of project implementation, which in turn helps to reduce peak demand, increase environmental benefits, improve energy security, and lower energy bills. Because the methods of financing and implementing RPV and EE in the built environment are often similar, it is wise to consider including an EE component when investing in an RPV project, and vice versa.
  • Publication
    Vietnam
    (World Bank, Hanoi, 2020-05-01) World Bank
    Following from Vietnam’s ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in late 2018 and its effectiveness from January 2019, and the European Parliament’s recent approval of the European Union-Vietnam Free Trade Agreement (EVFTA) and its subsequent planned ratification by the National Assembly in May 2020, Vietnam has further demonstrated its determination to be a modern, competitive, open economy. As the COVID-19 (Coronavirus) crisis has clearly shown, diversified markets and supply chains will be key in the future global context to managing the risk of disruptions in trade and in supply chains due to changing trade relationships, climate change, natural disasters, and disease outbreaks. In those regards, Vietnam is in a stronger position than most countries in the region. The benefits of globalization are increasingly being debated and questioned. However, in the case of Vietnam, the benefits have been clear in terms of high and consistent economic growth and a large reduction in poverty levels. As Vietnam moves to ratify and implement a new generation of free trade agreements (FTAs), such as the CPTPP and EVFTA, it is important to clearly demonstrate, in a transparent manner, the economic gains and distributional impacts (such as sectoral and poverty) from joining these FTAs. In the meantime, it is crucial to highlight the legal gaps that must be addressed to ensure that national laws and regulations are in compliance with Vietnam’s obligations under these FTAs. Readiness to implement this new generation of FTAs at both the national and subnational level is important to ensure that the country maximizes the full economic benefits in terms of trade and investment. This report explores the issues of globalization and the integration of Vietnam into the global economy, particularly through implementation of the EVFTA.