The Romanian Government launched public debate the strategic document: “Competitive Romania: a project for sustainable economic growth”. The assumed objective of the document “Competitive Romania” is to define a vision of actions “aimed to put Romania on the path of sustainable development.” Translated into the language of economics, the economic objective of the strategy is the convergence of the GDP / capita level in developed European countries.
“We want a set of priorities on which consensus either, so their execution is not affected by electoral cycles,” Dacian Cioloş
“In this regard,” stated in the introduction, “needs to be pursued, firstly, a better use of the factors constituting the potential GDP – capital, labor, productivity (including natural capital) – the only way to stimulate sustainable economic growth of 3% to 5% annually.
In official speeches at the launch of the document lacked energy, as distinct statement. The 16-page document put into the public debate, the energy is explicitly mentioned five times. Mainly energy is one of the three economic sectors that can contribute significantly to productivity and economic growth, along with agriculture, creative industries and information technology.
“Energy is a critical area for the economy and through proper management of resources and investment, Romania could become the next years a foundation of stability in the region. The structural measures contained in this proposal refers only to increase energy efficiency and minimize losses, following that targets the specific developmental needs of the sector should be included in the National energy strategy. energy facilities must include increasing the energy production from renewable resources that ensure both better independence and energy security, as well as a contribution to reducing greenhouse gas greenhouse, and thus to climate change. “
Energy efficiency is considered one of the facilitators to achieve a target growth of 5% annually by 2020
Moreover, a separate paragraph is dedicated to the green economy, a concept designed to “boost and accelerate the transition to an economy in Romania that maximize quality of life”. Governmental document proposes “introducing new visions for implementing sustainable environmental approach” by which “both the manufacturing and construction, and manufactured goods and buildings will become increasingly green.” Some of the concrete actions mentioned are “green stimulating investment and promoting sustainable consumption and production, energy efficiency and sustainable resource management.”
Energy efficiency is considered one of the facilitators to achieve a target growth of 5% annually by 2020. “This could lead Romania to a level of GDP per capita at purchasing power standard per equivalent of about 70 % of the EU average in 2020 (taking into account a level of 2% growth per year in the European Union). ”
“We want, first, a final document that reflects the will and interests of Romanians and Romania in the medium and long term, a set of priorities on which consensus either, so their execution is not affected by electoral cycles,” the Prime Minister Dacian Ciolos, in support of the project “Competitive Romania”.
Applying economic strategy presented in document assumes a cumulative fiscal effort over a period of five years estimated at 16.9 billion euros (about 10.5% of GDP for a period of 5 years). The success of the “Competitive Romania” the government understands, that it involves “passing the survival test of the electoral cycles, so it can be shaped in a political consensus needed to implement economic and institutional reforms that will be grounded in the consultation process and public debate”.