In politics and economics, it may not all be smooth in Romania and there is a lot of room for improvements. However, Romania is a paradise compared to other countries in the world: Every year, the Cato Institute publishes a list of the world’s most ‘miserable countries’ by using a simple economic formula to calculate the scores. Described as a Misery Index, the tally for …
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A mix of unsustained economic policies widespread corruption political scandals poor productivity crucial dependency on natural resources high consumption instead of competition and investments excessive bureaucracy could lead to the greatest recession in over 100 years for the country. If you think, this country is Romania, you’re not completely off track.. But, however, the above mentioned downfall is the sad story …
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