The Changing Business Landscape of Romania: Lessons for and from Transition Economies

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Taneja described Germany as a possible "renewable energy Saudi Arabia - meaning that countries like India could be importing 50 or 60 percent of technology and expertise" from the country. Fuchs said that to prevent fluctuations in the grid which could endanger energy supply, "We need to invest in storage capabilities. During the summit, Greenpeace International's Executive Director Kumi Naidoo issued a statement urging Chancellor Angela Merkel to stand behind a proposed coal levy, which would charge penalties for the oldest and most polluting coal-fired power plants.

Naidoo called lignite - also known as soft or brown coal - "the most climate-damaging of all energy sources. And not a single country in the world is burning as much lignite today as Germany," he said.

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    More info OK. Wrong language? Change it here DW. It seems that you're in Germany. We have a dedicated site for Germany. Editors: Thomas , Andrew R.

    ROMANIA - (Luiza Toma)

    Romania stands at the crossroads of Europe, Asia, and the Middle East. Since , when the country experienced the bloodiest revolution of all of the Warsaw Pact members, Romania has gone through withering change. While multinational corporations poured in hundreds of billions of dollars, there was also a restructuring of the way business was conducted. Western systems of management and organization—foreign to most Romanian academics and business people—almost overnight transformed the way the marketplace was perceived.

    Fortunes were made. Multinationals also burgeoned in Romania.

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    For the most part, however, researchers and scholars were caught off guard by the quickening pace of business change in Romania. Only until very recently has the academic community at large been able to wade through the murkiness and begin to see what the new landscape looks like. Moreover, the experience in Romania helps shed light on the dynamics of economic and business transition throughout Eastern Europe, the Middle East, and other emerging regions, with implications for practice, policymaking, and research.

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