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Romania’s Gilded Opportunity
These past days Romania’s little corner of the Internet has been all astir : lines have been drawn in the sand and crossed, war drums beaten and in a very uncharacteristic move, Romanians have once more taken to the streets. The reason? A controversial gold mining project has recently been approved […]
Read all posts for ‘romania’
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Have we reached the limits to growth? Where you sit is where you stand!
“Anyone who believes exponential growth can go on forever, is either a madman or an economist.” (Kenneth Bouldin, economist) At university, the first graph we were shown in the economics class was plotting GDP growth in time, throughout the history of humanity. It turns out growth is actually a relatively […]
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Entrepreneurship is the future of youth unemployment
Can anything shake Europe’s vacation-emptied, heat-stupefied capital on a hot July day? Perhaps a sandwich protest can! Unpaid and low-paid interns and trainees working in Brussels this year decided to stage an unusual protest against unfair internship conditions, long hours and no pay, and the questionable educational value of their […]
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Austerity measures sap the passion of dedicated professionals
In 2010, the Boc government implemented austerity measures in Romania’s public sector, introducing 25% cuts in salaries and 15% cuts in pensions. Mrs. B. is one of many who was cut to the quick by this move. A high school teacher with over 10 years’ of experience, Mrs. B was […]
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When Polenta Explodes
Protests, Poverty and Prosperity in Perspective 2012 started with a bang in Bucharest. The usually sedate Romanian capital erupted with protests the likes of which had not been seen for at least a decade. At first glance it seemed that people were angry with new healthcare legislation and the ousting of a […]