▪ 30 years from the fall of communism, economic growth in Central and Eastern Europe (CEE) has not yet translated into fully realizing people’s hopes and expectations;
▪ Overall CEE convergence towards the Western European average is at 87% in terms of prosperity, while pure income convergence is only at 47%;
▪ Romania’s strength for growing prosperity lies in its educational system, ranked 39th worldwide. Policy action from the government and collaboration with the private sector will help reduce the skills gap and increase competitiveness.
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