MARKET MECHANISMS AND THE COMPETITIVENESS OF ROMANIAN SERVICES

ABSTRACT. Toma et al. write that with the introduction of the electricity market the system operators as well as the market operators are facing more and more unpredictable challenges. Segal remarks that since the collapse of the Soviet Union in 1989, Romania has faced the challenges of moving from a centrally-planned command economy to a privatized market economy. Cruceru et al. claim that in the last decade, Romania drew up specific integration and EU directives implementation programs for main economy sectors.

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