Institutions, Governance & Political Economy

CPAG analyses institutional quality, governance, political stability and policy-making, examining how institutional and political factors influence economic performance, investment and Romania’s long-term development.

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Macroeconomic modelling & forecasting Economic policy analysis Monetary policy International finance & financial markets Fiscal policy Public finance & taxation Competitiveness & productivity Trade & European integration Energy economics Natural resources & commodities Human capital & labour markets Institutions, governance & political economy

Analysis PaperJune 22, 2026

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

Institutions, governance & political economy Economic policy analysis

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.

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Research PapersJune 13, 2025

Regional Purchasing Power and Election Results

Institutions, governance & political economy Human capital & labour markets

An analysis of regional purchasing power, social cohesion, and electoral outcomes in Romania.

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