BNR's Badea: Sustainable development can be achieved by efficient capital allocation

 A sustainable development that involves increased productivity and competitiveness can be achieved, first of all, by efficiently allocating capital in the economy, according to First Deputy Governor of the National Bank of Romania (BNR) Leonardo Badea."Economic convergence does not only imply an advance of incomes, but also inherent price increases, especially in the case of non-tradable goods (especially services, which, in the Romanian economy, as ...

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