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September 20, 2021

IDM: Romania, the last but one in the top most vulnerable countries in front of the crisis

Romania is in the top most vulnerable crises in front of the economic crisis, ranking 54 out of 57, with only 4.17 out of 100 possible points, reveals the survey Stress Test in Competitiveness, made by the Institute of Development Management (IDM) from Switzerland, Agerpres informs. The research took into account the economic, financial, political and social behaviour in 57 countries, and in all the four hierarchies Romania oscillates between positions 41 and 57. Thus, in regard to the economic prospects, we classify on the position 46, after Colombia, Hungary and even Bulgaria. In terms of governance also in the second half of the classification, on the position 41, while in terms of business environment Romania falls 12 places, to the 53rd position. In the fourth hierarchy, which analyzed the social area of each state, Romania is the last one, on the 57th position.

According to the final list, the top ten countries considered the least vulnerable in front of the crisis are: Denmark (100 points), Singapore (96.4), Qatar (87.93), Norway (83.97), Hong Kong (83.15), Switzerland (83.12), Sweden (81.60), Australia (81.35), Finland (80.81), and Malaysia (77.62). At the opposite end of the classification, after Romania we find Ukraine (position 55 – 1.86 points), Argentina (position 56 – 0.04 points) and Venezuela (position 57 – no points). The Stress Test worked out by the Swiss researchers is part of a more extensive survey called World Competitiveness Yearbook 2000, in which Romania ranks 44, up five positions against the previous year, but much below the average of other countries from the European Union.

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