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Selected papers~ SPECIAL EDITION - Index of

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Heritage Foundation and Wall Street Journal<br />

<strong>Index</strong> <strong>of</strong> Economic Freedom determines (S),<br />

assuming that economic freedom is a<br />

221<br />

precondition for prosperity <strong>of</strong> individuals and<br />

in turn a key driver for competitiveness.<br />

Source: <strong>Index</strong> <strong>of</strong> Economic Freedom, Heritage Foundation, 2010<br />

Chart no. 1 Rating States <strong>of</strong> Europe according to ILE<br />

According to the results <strong>of</strong> this study, the<br />

2010 edition, Romania is the 63rd country<br />

in the world in terms <strong>of</strong> economic freedom,<br />

and ranked 28th in Europe.<br />

The Heritage analysis, Romania has<br />

achieved a 64.2 index points above the<br />

global average. After comparing the first<br />

countries in Europe, according to each<br />

indicator <strong>of</strong> economic freedom, Romania<br />

has high scores for: free trade, fiscal<br />

freedom, government spending, and<br />

significantly lower scores than the best<br />

countries in Europe obtained if : property<br />

rights and freedom from corruption, as<br />

these areas are necessary for developing<br />

solutions.<br />

Results <strong>of</strong> the study conducted by the<br />

Heritage Foundation shows that Romania's<br />

economy is moving towards a greater<br />

economic freedom index.<br />

5. Conclusions<br />

For Romania, economic competitiveness is<br />

a major component <strong>of</strong> national<br />

development strategy for 2007-2013. For<br />

this purpose a special program was<br />

developed (Sectoral Operational<br />

Programme ‘Increasing <strong>of</strong> Economic<br />

Competitiveness ‘’SOP) in accordance<br />

with the Lisbon strategy on improving the<br />

economic competitiveness <strong>of</strong> the European<br />

Union.<br />

In full accordance with the conduct <strong>of</strong> the<br />

Commission’s proposals for<br />

Competitiveness and Innovation<br />

Framework 2007-2013, the priorities <strong>of</strong><br />

Romania’s competitiveness strategy, which<br />

take into account and take into account the<br />

guidelines proposed by the Commission for<br />

Cohesion Policy 2007 – 2013, are:<br />

- Improving access to emergency market,<br />

capital, technology businesses, especially<br />

small and medium enterprises;

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