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Economic Dynamics and Sustainable Development – Resources, Factors, Structures and Policies

Proceedings ESPERA 2015 – Part 1 and Part 2

Edited By Luminita Chivu, Constantin Ciutacu, Valeriu Ioan-Franc and Jean-Vasile Andrei

The book is dedicated to the 150th anniversary of the Romanian Academy. It contains the most valuable 100 papers presented at the International Conference «Economic Scientific Research – Theoretical, Empirical and Practical Approaches» (ESPERA 2015). The event is initiated annually by the National Institute for Economic Research «Costin C. Kirițescu» of the Romanian Academy. ESPERA aim to present and evaluate the economic scientific research portfolio as well as to argue and substantiate development strategies, including European and global best practices. ESPERA intend to become a scientific support for the conceptualization and the establishment of policies and strategies and to provide a systematic, permanent, wide and challenging dialogue within the European area of economic and social research.

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Competitiveness and Smart Specialization in the Romanian Regions – Foundations of the Progress Towards Reaching the Europe 2020 Targets (Mihaela-Nona Chilian / Carmen Beatrice Păuna / Marioara Iordan)

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Mihaela-Nona Chilian1, Carmen Beatrice Păuna2 & Marioara Iordan3

Competitiveness and Smart Specialization in the Romanian Regions – Foundations of the Progress Towards Reaching the Europe 2020 Targets4

Abstract: The paper aims to assess competitiveness developments in the Romanian regions, drawing on classical and new concepts of competitiveness. Different sets of indicators are used and comparisons with other EU countries are presented. The results highlight the progress towards a better competitive positioning of Romanian regions in the European area, and a slow or oscillating advance in reducing the disparities in productivity. In such a context, the policy of smart specialization proves a mandatory strategic option also for the Romanian regions, not only to improve their competitive positioning within the EU, but also to be able to reach or approach as much as possible to achieve the Europe 2020 goals and, ultimately, to increase the living standards of their citizens.

Keywords: Romanian regions, regional competitiveness, productivity, smart specialization JEL Classification: O47,R11, R12, R58

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