CPAG co-founder Laurian Lungu held a Zoom-based presentation on the “Macroeconomic Aspects of Post Covid-19 Crisis” for the Independent Directors Association on 03 June 2020. Has the answer of central banks & governments to the Covid-19 crisis been excessive? Implications on public debt, risk and inflation. Increasing the role of the state in the economy – a temporary or a more prolonged effect? Macroeconomic risks for the Romanian economy. How could Romania’s economy reposition itself in a post Covid-19 world? Presentation
This research was prepared for the Friedrich Erbert Stiftung in 2017 and focuses on the political and economic setting of Euro adoption in Romania.
Laurian Lungu Ordonanța de urgență 114/2018, adoptată la finele anului trecut, a suscitat multe reacții. În mare parte, acestea s-au concentrat pe impactul și oportunitatea măsurilor propuse în sectoarele vizate, cu precădere cel bancar, al pensiilor private și energetic. Însă, implicațiile textului legislativ sunt mai profunde. În fapt, ordonanța de urgență pare a fi o primă etapă în îndeplinirea unui obiectiv important menționat în programul de guvernare al actualei coaliții, și anume creșterea rolului statului în economie. Totodată, adâncește semnificativ breșa dintre rațiunea economică și cea politică prin ignorarea flagrantă a principiilor economice. Aceste episoade aduc de regulă, în timp, […]
Since 2012, an aggressive minimum wage (MW) policy has pushed up the level of MW from the equivalent of EUR 160 to EUR 410 in 2018. Current plans envisage further increases, to the equivalent of EUR 450 and EUR 500 respectively, for the holders of a university degree, starting December 2018. And MW could reach EUR 520 and EUR 580 for the holders of a university degree by October 2020. So far, MW rose at an annual rate of 21% over a 6-year time-span.
CPAG co-founder Laurian Lungu was a Panel Speaker at the 5th edition of the Foreign Investor Summit organised by Business Review on October 30 – November 1, 2018. The panel discussion topic was “Harnessing Romania’s Growth Future”. Laurian’s talk was centered around the main ideas derived from the “Va Urma” macroeconomic growth project, which he had helped develop together with the Foreign Investors Council (FIC) experts.
CPAG co-founder Laurian was a Panel Speaker at “The Financial Crisis – 10 Years Later” debate, organised by the National Bank of Romania on September 24, 2018.
During the Eurosfat Forum in 2018 Laurian delivered a presentation on the main challenges Romanian and some of the unknowns it will face considering the euro zone itself is going through a difficult period.
Laurian Lungu, 2012
The primary aim of this paper is to look at the potential consequences an increase in the EU budget would have onto the size of the domestic budget deficits. As the simulations in this paper show, if the EU budget for the 2014-2020 period was adopted in the current form put forward by the European Commisson,
Laurian Lungu, 2012
This paper looks at main dynamics regarding Romania’s debt and budget deficits and tries to estimate the structural adjustments needed to put them on a sustainable path.
by Laurian Lungu, 2010
Overview of specific labour market measures adopted in EU countries. Evaluation on Romanian policy changes (VAT, wage cuts) on consumption and tax revenues.