DEVELOPMENT REFRAMED: COMMENTS ON THE 2013 ROMANIAN REGIONALIZATION APPROACH
DEVELOPMENT REFRAMED: COMMENTS ON THE 2013 ROMANIAN REGIONALIZATION APPROACH

Summary/Abstract: The present political juncture in Romania implies adopting sharp administrative measures in order to comply with both EU’s tough requirements, well encapsulated in the Fiscal Compact, as well as with IMF’s July 31, 2013 stand-by agreement clauses. In terms of governmental policies meant to boost the growth of the economy, for a third year in a row, such an option cannot be fully operational but with full societal support. It is my point that regionalization, as observed in nowadays Romania, represents much more than the exogenously, EU generated process of the last decade, largely a political concession to the intense need to absorb structural funds. In my view the regional approach truly represents today a one of the kind “vehicle” of development that could trigger much more energy and positive entropy than any other policy in present day Romania. The critical mass of success in this respect implies proper balancing of administrative, fiscal and economic interests, balance that could be reached only through political consensus.

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