3 ms·
Romania was structurally handicapped after joining EU: they were forced to de-industrialize and lost their competitive manufacturing sectors, because Romania wa
by slt2021 1y ago
Romania was structurally handicapped after joining EU: they were forced to de-industrialize and lost their competitive manufacturing sectors, because Romania was not allowed to compete with other EU members.
- oytis 1y agoI've seen this claim a lot, about various countries, but couldn't find any more detail on what the mechanisms of forced deindustrialisation might have been. It's pretty typical for post-communist countries to lose their industries after being exposed to international competition, and probably even more so if you enter an open market like EU, but I wouldn't call it forced UPD: ah, OK, they were indeed forced to privatise their industry, and it probably wasn't very competitive
- slt2021 1y agoyou can judge policy by its outcomes, the countries that underwent neoliberal "privatisation" were deindustrialized, while countries that did not embrace neoliberal policies - managed to preserve their marquee industries and manufacturing, over time adapting and modernizing manufacturing to modern standards.