Romania Apparel 2010

Romanias Apparel Cluster MOC Class Project 2010 Chris Lawrence-Pietroni Frauke de Weijer Adesina Lalude Andrzej Baraniak Dean Frankle 1  lay out I: ROMANIA COUNTRY LEVEL ANALYSIS Romania is the 9th largest country in the European Union and the 82nd largest country in the world with a complete area of 238,391 sq km (CIA, 2010) (comparable in size to the US adduce of Oregon). Situated in Eastern Europe, Romania borders Hungary, Moldova, Serbia, Ukraine and Bulgaria, as well as the Black Sea. Its capital and largest city is Bucharest with 1.9 million inhabitants. (RSY, 2007) As of July 2009, Romania has a nation of 22.2m (CIA, 2010) making it the world?s 51st some populous country. It has a median age of 37.7, a population growth of -0.147%1, and a life expectancy of 72.45 years. An estimated 29.6% of Romanians live to a lower place the poverty line ( manhood Bank, 2010a), and 54% of the total population lives in an urban setting. Romania has a large diaspora, with around 2 million ethnic Romanians residing outside of Romania (EIU, 2010b). History At the end of World War II, voice of present day Romania today was integ positiond into the USSR. Romania was the most centralized of the communist economies and saw extreme industrial specialization.

In the 1980s, increasing export of industrial output created invete commit shortages of food, energy and clothing which contributed to a revolution in 1989 and the twilight of the iron curtain. Romania subsequently embarked on a series of semipolitical and economic reforms with IMF assistance being received in the advanced 1990s (Borras & Tsaagdis, 2008) (EIU, 2010b). Worth noting are the government?s efforts in the liberalization of FDI policies and the privatization of State Owned Enterprises (SOEs) as per the Copenhagen Criteria. By 1991 Romania had finish incorporating its 1 The low population growth is in part goaded by a very low birth rate of 10.53 birth/1000 population (185 th in world) and part by a very low fertility rate of 1.39... If you want to get a full essay, order it on our website: Orderessay

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