Romanian elections: Political risks, economic outlook and social concerns
On 11th December Romania will hold Parliamentary elections whose outcome will shape the political, economic and social future of the country. In the past year, Romania had the one of the highest economic growth rates in the EU and strong foreign investor interest, despite being in the midst of a political crisis, large-scale crackdown on high-level corruption and having a technocratic government for a year.
So far, polls credit the Social Democrat Party (PSD) - the main left wing party – with 40%, the Liberal Party (PNL) with 19% and the main anti-establishment party – USR – with 18%. What are the likely scenarios of coalition building in the view of obtaining a comfortable parliamentary majority? Will the next government continue the aggressive anti-corruption agenda? Will Romania become the most open country for foreign direct investment in the whole of Central and Eastern Europe? How will the next government ensure enough stability in the country in the view of the key moment of 2019 when Romania will take up its first ever EU presidency?
Join us at SSEES to hear academic experts, policymakers and stakeholders discuss these highly topical issues that get to the core of the kind of society Romania is expected to be after the parliamentary elections. The panellists will offer brief initial remarks, followed by an hour for questions and discussion.
Dr Radu Cinpoes, Kingston University, London
Roger Kelly, Lead Economist for Romania, Bulgaria and Turkey, EBRD
Dr Marina Popescu, Central European University, Budapest
Dr Razvan Nicolescu, UCL, Anthropology Department, London
Dr Roxana Bratu, UCL SSEES, London
Masaryk Senior Common Room , 4th floor, 16 Taviton St, London WC1H 0BW
The event is organised with the support of The Risk Advisory Group, a global risk management consultancy that helps foreign investors navigate investment risk in emerging markets by providing bespoke services in due diligence, strategic intelligence and political risk.