Romania's evolving legal framework for private sector development

Romania's evolving legal framework for private sector development

by Cheryl W. Gray

Book 872 of WPS

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Romania started almost from scratch in 1990 to build a legal framework for a market economy and has made substantial progress. To bring that framework to life, institutions must enforce the laws and be able to resolve any disputes that arise, the public must accept that the laws are binding, and the laws must be filled in with detailed regulations and individual case practice. This takes time.

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