The purpose of this analysis has been to quantify the impact of the oil & gas industry on the Romanian economy, in terms of its contribution to GDP, employment, investments and taxes paid. Given the “technology neutrality” option Romania has in meeting the 2030 climate targets, the results of the study could subsequently be used to aid policy design in the domestic oil and gas sector over the next decade. The results show that, despite the gradual decreasing importance of the oil & gas industry in the economy, the sector still remains an important contributor to Romania’s GDP growth. Oil […]
Category: Research Papers
Older Research Papers Co-Authored by CPAG Founders
Considerații asupra politicii salariului minim în România
Studiul prezinta succint caracteristicile pietei fortei muncii din Romania si analizeaza elemente care influenteaza politica salariului minim (SM). Evalueaza posibile scenarii de crestere a acestuia in viitorul apropiat prin prisma dinamicii SM din ultima decada, luand in considerare si nivelul SM al tarilor din regiune sau proiectiile de crestere a SM din programele de guvernare. Analiza este efectuata la solicitarea și împreună cu Confederația Patronală Concordia.
Romania – The Macroeconomic Impact of the Covid-19 Crisis
In this analysis, Ella Kallai and Laurian Lungu look at the impact of the COVID-19 crisis on the Romanian economy. The paper starts by highlighting macroeconomic imbalances that existed prior to the crisis. It then assesses the impact on labor markets and economic sectors underscoring the consequences for public finances and country risk. Finally, the analysis addresses the fundamental issue of restarting the economy in the context of the European Green Deal. This analysis was prepared for the Energy Policy Group (EPG) as part of a European Climate Foundation grant. Download the full analysis (EN) Descărcați analiza (RO)
Beyond the Maastricht Criteria – Romania Country Study
This research was prepared for the Friedrich Erbert Stiftung in 2017 and focuses on the political and economic setting of Euro adoption in Romania.
When Should Romania Join the European Banking Union, Sooner or Later?
Laurian Lungu and Ella Kallai
This paper was prepared for the European Institute in Romania in 2015. Laurian and Ella argued following a thorough analysis, that in joining the Banking Union Romania should adopt a wait and see strategy and carefully weigh the pros and cons.
The Impact of EU Funds on Romanian Finances
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,
A Note on Romania’s Public Debt
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.
Anti-Crisis Measures on the Labour Market
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.