Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
981670 | Procedia Economics and Finance | 2014 | 5 Pages |
The main purpose of this study is to demonstrate the effect the reforms undertaken in the Romanian agriculture have had upon the revenues and the competitive edge of Romanian farmers.While, statistically speaking, the social and economic structures of Romania and the other EU member countries appeared to display a certain degree of convergence along some four decades towards the end of the previous century, the indicators of the past two decades reveal a wide gap between Romania and the EU countries, the fact being indicative of the existence now of economic, technical and institutional asymmetries and divergences, rather than convergences.At present, Romanian agriculture and Romanian farmers are at a strong disadvantage from their European counterparts in respect of competitiveness. In Romania, the economic and institutional mechanisms created over the past twenty years have most often favoured subsistence farming, leaving the door open to the added value to migrate to other sectors, which was to the detriment of agricultural production.