PESTLE Analysis of Romania 2014
Service sector including technology based industries are likely to drive Romanian economy. Recovery of global economy particularly European economy would impact positively on country. Romania proposes a broad range of IT services, responding to the most sophisticated needs of the Romanian companies including banks, fund administration, e-commerce, etc. Romanian economy is likely to grow to $252 billion at the current price by 2019, at a CAGR of 3.1% during 2014 to 2019.
Lucintel, a leading global management consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Romania, and has come up with a comprehensive research report “PESTLE Analysis of Romania 2014”. This report provides an analysis of the Romanian economy from historical, current, and future perspectives. SWOT analysis, scenario analysis, and risk analysis of Romania is also included in the report. The report also includes forecast of the economic growth through 2018.
The report highlights various drivers and challenges which have influence on investment decisions in the economy. The country faces only social challenges including decreasing population and high corruption. Major social concern for the country is decreasing population due to higher emigration rate which will affect the income levels and purchasing power of the country. Continuous digital innovation in Romania led technology based industries to grow with higher rate. It is evident that digitalization is beginning to displace the traditional media forms. Another emerging industry in Romania is financial intermediaries including Banking activities and NBFCs (Non-Banking Financial Corporations). Growing need and enhancement in technology leads banking industry to grow with CAGR of 2% over the period from 2008-2013.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
Lucintel, a leading global management consulting and market research firm, has analyzed the political, economic, social, technological, legal, and environmental factors of Romania, and has come up with a comprehensive research report “PESTLE Analysis of Romania 2014”. This report provides an analysis of the Romanian economy from historical, current, and future perspectives. SWOT analysis, scenario analysis, and risk analysis of Romania is also included in the report. The report also includes forecast of the economic growth through 2018.
The report highlights various drivers and challenges which have influence on investment decisions in the economy. The country faces only social challenges including decreasing population and high corruption. Major social concern for the country is decreasing population due to higher emigration rate which will affect the income levels and purchasing power of the country. Continuous digital innovation in Romania led technology based industries to grow with higher rate. It is evident that digitalization is beginning to displace the traditional media forms. Another emerging industry in Romania is financial intermediaries including Banking activities and NBFCs (Non-Banking Financial Corporations). Growing need and enhancement in technology leads banking industry to grow with CAGR of 2% over the period from 2008-2013.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
1. EXECUTIVE SUMMARY
2. ROMANIA POLITICAL ANALYSIS
2.1: Structure and stability of government
2.2: Government changes and policy stability
2.2.1: Policy agenda- reforms and future plans
3. ROMANIA ECONOMIC ANALYSIS
3.1: GDP growth rate and sectoral contribution to GDP
3.2: Scenario analysis- future economic growth scenario of Romania
3.3: Pricing trends - recent developments
3.4: Major economic growth drivers- consumption, saving, and investment
3.5: International trade and its contribution to GDP
3.6: Foreign direct investment (FDI)-pattern of investment
4. ROMANIA ECONOMIC AND BUSINESS RISK ANALYSIS
4.1: Risk in financial sector
4.1.1: Risk in current account balance
4.1.2: Risk in balance of payment (BOP)
4.1.3: Risk in fiscal balance
4.1.4: External debt and default risk
4.1.5: Risk in foreign exchange reserves and exchange rate
4.2: Credibility in debt market
5. ROMANIA SOCIAL ANALYSIS
5.1: Social and demographic analysis
5.2: Labor market-quality and availability
5.3: Social development index
6. ROMANIA R&D AND TECHNOLOGICAL FACTORS
6.1: R&D expenditure-technological changes
6.2: Impact of technology in industry
6.3: Technology policy
7. ROMANIA LEGAL ANALYSIS
7.1: Company law
7.2: Labor law
7.3: Tax law
7.4: Economic policies-recent developments
7.5: Doing business in Romania 2013-process to establish business
8. ROMANIA ENVIRONMENTAL ANALYSIS
8.1: Environment Policy
9. SWOT ANALYSIS-SEARCH OF POTENTIAL OPPORTUNITY IN ROMANIA
2. ROMANIA POLITICAL ANALYSIS
2.1: Structure and stability of government
2.2: Government changes and policy stability
2.2.1: Policy agenda- reforms and future plans
3. ROMANIA ECONOMIC ANALYSIS
3.1: GDP growth rate and sectoral contribution to GDP
3.2: Scenario analysis- future economic growth scenario of Romania
3.3: Pricing trends - recent developments
3.4: Major economic growth drivers- consumption, saving, and investment
3.5: International trade and its contribution to GDP
3.6: Foreign direct investment (FDI)-pattern of investment
4. ROMANIA ECONOMIC AND BUSINESS RISK ANALYSIS
4.1: Risk in financial sector
4.1.1: Risk in current account balance
4.1.2: Risk in balance of payment (BOP)
4.1.3: Risk in fiscal balance
4.1.4: External debt and default risk
4.1.5: Risk in foreign exchange reserves and exchange rate
4.2: Credibility in debt market
5. ROMANIA SOCIAL ANALYSIS
5.1: Social and demographic analysis
5.2: Labor market-quality and availability
5.3: Social development index
6. ROMANIA R&D AND TECHNOLOGICAL FACTORS
6.1: R&D expenditure-technological changes
6.2: Impact of technology in industry
6.3: Technology policy
7. ROMANIA LEGAL ANALYSIS
7.1: Company law
7.2: Labor law
7.3: Tax law
7.4: Economic policies-recent developments
7.5: Doing business in Romania 2013-process to establish business
8. ROMANIA ENVIRONMENTAL ANALYSIS
8.1: Environment Policy
9. SWOT ANALYSIS-SEARCH OF POTENTIAL OPPORTUNITY IN ROMANIA
LIST OF FIGURES
Chapter 3. Romania Economic Analysis
Figure 3.1: Global economic scenario
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Trend of per capita income
Figure 3.4: GDP sectoral contribution, 2013
Figure 3.5: Share of different sectors to GDP, 2013e
Figure 3.6: Trend of leading industries in Romania
Figure 3.7: Future economic growth scenario of Romania
Figure 3.8: Quarterly trend of inflation and interest rates
Figure 3.9: Annual trend of inflation and interest rate
Figure 3.10: Trend of savings and investments as percentage of GDP
Figure 3.11: Trend of consumption expenditure as percentage of GDP
Figure 3.12: Romania’s international trade structure
Figure 3.13: Exports and imports as percentage of GDP
Figure 3.14: FDI inflows by industry
Chapter 4. Romania Economic and Business Risk Analysis
Figure 4.1: Trend of current account balance and percentage of GDP
Figure 4.2: Terms of trade of Romania
Figure 4.3: Trend of balance of payment
Figure 4.4: Trend of government revenue and expenditure as percentage of GDP
Figure 4.5: Trend of gross government debt as percentage of GDP
Figure 4.6: Trend of gross government debt
Figure 4.7: Trend of foreign exchange reserves and exchange Rate
Chapter 5. Romania Social Analysis
Figure 5.1: Political map of Romania
Figure 5.2: Trend of population in Romania
Figure 5.3: Population age structure
Figure 5.4: Trend of unemployment rate
Chapter 6. Romania R&D and Technological Factors
Figure 6.1: Trend of R&D expenditure in Romania
Chapter 3. Romania Economic Analysis
Figure 3.1: Global economic scenario
Figure 3.2: Trend of real GDP growth rate
Figure 3.3: Trend of per capita income
Figure 3.4: GDP sectoral contribution, 2013
Figure 3.5: Share of different sectors to GDP, 2013e
Figure 3.6: Trend of leading industries in Romania
Figure 3.7: Future economic growth scenario of Romania
Figure 3.8: Quarterly trend of inflation and interest rates
Figure 3.9: Annual trend of inflation and interest rate
Figure 3.10: Trend of savings and investments as percentage of GDP
Figure 3.11: Trend of consumption expenditure as percentage of GDP
Figure 3.12: Romania’s international trade structure
Figure 3.13: Exports and imports as percentage of GDP
Figure 3.14: FDI inflows by industry
Chapter 4. Romania Economic and Business Risk Analysis
Figure 4.1: Trend of current account balance and percentage of GDP
Figure 4.2: Terms of trade of Romania
Figure 4.3: Trend of balance of payment
Figure 4.4: Trend of government revenue and expenditure as percentage of GDP
Figure 4.5: Trend of gross government debt as percentage of GDP
Figure 4.6: Trend of gross government debt
Figure 4.7: Trend of foreign exchange reserves and exchange Rate
Chapter 5. Romania Social Analysis
Figure 5.1: Political map of Romania
Figure 5.2: Trend of population in Romania
Figure 5.3: Population age structure
Figure 5.4: Trend of unemployment rate
Chapter 6. Romania R&D and Technological Factors
Figure 6.1: Trend of R&D expenditure in Romania
LIST OF TABLES
Chapter 1. Executive Summary
Table 1.1: Factors affecting business in Romania
Chapter 2. Romania Political Analysis
Table 2.1: Political factors and their impact on Business
Chapter 3. Romania Economic Analysis
Table 3.1: Factors affecting industrial growth
Table 3.2: Economic factors and their impact on business
Table 3.3: Economic insights of Romania
Chapter 4. Romania Economic and Business Risk Analysis
Table 4.1: Credit Rating of Countries by Moody’s, Fitch, and S&P
Chapter 5. Romania Social Analysis
Table 5.1: Corruption, GINI, Homicide, and Human Development Index
Table 5.2: Social factors and their impact on business
Chapter 6. Romania R&D and Technological Factors
Table 6.1: Technological factors and their impact on business
Chapter 7. Romania Legal Analysis
Table 7.1: Indicators for starting business
Table 7.2: Ranking in 2013 for ease of doing business
Table 7.3: Legal factors and their impact on business
Chapter 8. Romania Environmental Analysis
Table 8.1: Environmental factors and their impact on business
Chapter 1. Executive Summary
Table 1.1: Factors affecting business in Romania
Chapter 2. Romania Political Analysis
Table 2.1: Political factors and their impact on Business
Chapter 3. Romania Economic Analysis
Table 3.1: Factors affecting industrial growth
Table 3.2: Economic factors and their impact on business
Table 3.3: Economic insights of Romania
Chapter 4. Romania Economic and Business Risk Analysis
Table 4.1: Credit Rating of Countries by Moody’s, Fitch, and S&P
Chapter 5. Romania Social Analysis
Table 5.1: Corruption, GINI, Homicide, and Human Development Index
Table 5.2: Social factors and their impact on business
Chapter 6. Romania R&D and Technological Factors
Table 6.1: Technological factors and their impact on business
Chapter 7. Romania Legal Analysis
Table 7.1: Indicators for starting business
Table 7.2: Ranking in 2013 for ease of doing business
Table 7.3: Legal factors and their impact on business
Chapter 8. Romania Environmental Analysis
Table 8.1: Environmental factors and their impact on business
