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Research Area

Economic Policy Analysis

CPAG evaluates major economic policy choices affecting Romania’s growth, investment, competitiveness and convergence, combining empirical analysis with a European and regional perspective.

One Year On: Romania's Fiscal Adjustment Has Been Complicated, Only Partly Efficient, with No Support to Economic Growth. Fiscal Adjustment Needs a Reset to Jumpstart the Economy.
Analysis PaperSeptember 3, 2026

One Year On: Romania's Fiscal Adjustment Has Been Complicated, Only Partly Efficient, with No Support to Economic Growth. Fiscal Adjustment Needs a Reset to Jumpstart the Economy.

Romania’s fiscal adjustment has been complicated, only partly efficient, and has provided no support to economic growth. The first seven months of 2026 show why the 2025 fiscal package needs a reset to jumpstart the economy, compared with what CPAG proposed in June 2025.

R&D Composition and Absorptive Capacity in the European Union
Research PapersAugust 31, 2026

R&D Composition and Absorptive Capacity in the European Union

Panel evidence from all 27 EU member states over 1995–2024 shows that, among five dimensions of R&D composition, only the capital-versus-current expenditure split survives the full robustness protocol. The association with faster productivity catch-up is concentrated in economies far from the EU frontier.

Romania’s Political Turnover and Legislative Volatility: A Tale That Endures
Analysis PaperJune 22, 2026

Romania’s Political Turnover and Legislative Volatility: A Tale That Endures

A data-driven analysis of Romania's political instability, cabinet turnover, and legislative volatility between 2011 and 2026, highlighting the mismatch between short-lived governments and long-term reform horizons. It examines the economic cost of repeated institutional resets and the difficulty of sustaining coherent reforms.

Transitioning Romanian Youth Between the Educational System and the Labour Market
Research PapersApril 2, 2026

Transitioning Romanian Youth Between the Educational System and the Labour Market

An analysis of Romania's youth transition between education and employment, focusing on NEETs and the frictions between the educational system and the labour market. The report maps gender, education, and regional gaps and proposes policy routes for smoother school-to-work transitions.