How and why Romania avoided the middle-income trap. The sources of Romania's success and the factors that distinguish us from developed countries

Romania is among the countries in Central and Eastern Europe that have managed to overcome the “middle income trap”, achieving the status of a high-income economy, according to the World Bank’s Greater Heights: Growing to High Income in Europe and Central Asia report. Since 1990, 10 European countries that were part of the communist bloc of economies […] The article How and why Romania avoided the middle income trap. Romania’s sources of success…