Abstract:

In a volatile and unpredictable context, internal sustainability in the medium and long term can be ensured by promoting counter-cyclical policies and consistent structural reforms. From a macroeconomic perspective, Romania's main internal problem is to promote pro-cyclical fiscal policies, through tax cuts and public spending rises, measures that increase the risk of major sideslip. Emphasis is placed on raising salaries and pensions at a rate that the economy cannot support. Thus, limiting the fiscal deficit to 3% is not a de facto success, given that public investment is at the minimum level of the past ten years, and accelerating the distribution of dividends from profitable state-owned firms is only a temporary measure that will peak their potential for future development.The increase in the incomes of the population does not reflect a more productive economy, and the additional consumption is made with imported goods, which puts pressure on the increase of inflation and the depreciation of the national currency. During the research process, the main vulnerabilities and opportunities of the Romanian business environment were identified and analyzed. The aim of our research was to present and analyze the main ways to stimulate the continuous development of the business environment. The paper contains some recommendations both for the political decision-makers in the governmental institutions and for the economic agents from the Romanian business environment.