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Romania

'Romanians take the jobs Britons on welfare shun': The UK...

Look at this Petrovski, http://epp.eurosta t.ec.europa.eu/sta tistics_explained/ index.php?title=Fi le:Population_by_t enure_status,_2011 _%28%25_of_populat ion%29_YB14.png &filetimestamp =20131210161933  (Jan 7, 2014 | post #264)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

This one is better, http://www.youtube .com/watch?v=x4dca il36PQ  (Dec 8, 2013 | post #177)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

What does that have to do with exports? Yes you can reduce your imports but that will not generate more money to reinvest in industry. This is one of the reasons why many industries failed after 1989 there was no money to invest in modernisationNiche s only apply to high value added products. Being low cost is not a niche it's just selling a "worse" productThe problem with that is, a) Most people don't want to buy things perceived as cheap/low quality. b) The profit margin will be lower because you can't charge for intangibles (status, engine sound, comfort etc) c) You will never move on to building more advanced cars. So you will be stuck with a lower lever of technologyOn what grounds?  (Dec 8, 2013 | post #175)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

That has nothing to do with exports. What are you talking aboutMy point is that you can not climb up the value chain if you are competing with countries that are already at the topA Dacia is a low value product that means it will not get you a lot of money. A BMW is a high value product that will get you a lot of money. A Dacia starts at 10.000 while a BMW starts at 40.000I explained it in this post, http://www.topix.c om/forum/world/rom ania/TJVQ5U0BIFHC6 1IDT/p7#c143  (Dec 8, 2013 | post #167)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

I was talking about exports, not imports, how is this relevant? My point is that even though Rumania replaced agricultural goods with industrial goods the industrial goods were of low value. Consult your experience how do Rumanian goods compare with Western ones? Take Dacia cars they're the cheapest cars on the market. I wrote about the better concept before it's called Juche, http://en.wikipedi a.org/wiki/Juche  (Dec 8, 2013 | post #162)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

http://www.youtube .com/watch?v=RcRZq GEUCV0  (Dec 8, 2013 | post #161)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

The export trade offer has also been diversified, but many products were ineffective taking into consideration their low value, reduced quality and technical performance, exported in clearing or on credit." http://econpapers. repec.org/article/ jeswpaper/y_3a2013 _3av_3a5_3ap_3a1-1 1.htm  (Dec 8, 2013 | post #157)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

Rumanian industry was low on the value chain. So I don't see how your argument is relevantIf you can't compete on the common market then why would you be part of it? It doesn't make any sense.  (Dec 8, 2013 | post #153)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

No not Italy. But almost every Eastern European country that joined did it because they wanted a free rideIt's the same pattern all over Southern Europe (Greece, Italy, Spain, Portugal). Their industry could not compete with German industry so they had to borrow money to pay for imports and budget deficits. They became less competitive over time not more competitiveIf Spain could not catch up economically in 30 years what makes you think that Rumania could? If Spain went bankrupt why wouldn't RumaniaNorway, Denmark and Sweden were already industrialised countries/modern economies when they joined. The reason they were asked to join is that they would be net contributors and help to pay for the net recipients in Southern EuropeIreland used EU funds to lower corporate taxes to get companies to move there.  (Dec 7, 2013 | post #142)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

Yes it is valid for all non industralized countries. So you have to be very stupid to join a common market that you have no chance of competing on. Your companies will go bankrupt, you will go into debt to pay for imports and then your state will go bankrupt and be forced to give up whatever assets are leftGermans controlled Hungary but they never controlled Rumania. What are you talking about?  (Dec 7, 2013 | post #136)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

Why did governments in Southern Europe engage in irresponsible spending? Because that is what the people wanted. It's an unspoken expectation that when you join the EU your standard of living should go up. If people didn't think so they wouldn't want to join the EUBut why has Greece not industrialized in the 30 years that they have been in the EU? Greece has been one of the biggest recipients of EU money. Why has Spain not industrialized? Because you can't compete with countries that are already industralized. You need trade barriers (and government investment) to protect your industry until it is big enough to compete. And since the EU doesn't allow trade barriers between member countries or direct investment from governments, non industrialized countries are going to lose.  (Dec 7, 2013 | post #135)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

Because that is what the people expected when they joined the EU that they would get free stuffAnd why did Greece not have an industry? Because they had to compete with Germany, "In essence, European states are borrowing money (mostly from Germany) in order to purchase imported goods (mostly from Germany) because their own workers cannot compete on price (mostly because of Germany). This is not limited to states actually within the eurozone, but also includes any state affiliated with the zone; the relative labor costs for most of the Central European states that have not even joined the euro yet have risen by even more during this same period." http://www.stratfo r.com/weekly/20100 315_germany_mittel europa_redux The same applies to Rumania, "Unlike the postwar world, where the United States absorbed the imports of Germany and Japan without needing to compete with them, Germany remains an exporting country exporting into Romania and leaving precious little room for Romania to develop its economy. At this stage of its development, Romania should be running a trade surplus, particularly with Germany, but it is not. In 2007, it exported about $40 billion worth of goods and imported about $70 billion. In 2009, it exported the same $40 billion but cut imports to only $54 billion (still a negative). Forty percent of its trade is with Germany, France and Italy, its major EU partners. But it is Germany where the major problem is. And this problem is compounded by the fact that a good part of Romania's exports to Germany are from German-owned firms operating in Romania." http://www.stratfo r.com/weekly/20101 115_geopolitical_j ourney_part_3_roma nia You can not industrialize if you have to compete with countries that are already industrialized.  (Dec 7, 2013 | post #130)

Romania

'Romanians take the jobs Britons on welfare shun': The UK...

There are plenty of Rumanian Gypsies in the UK I've met some myself.  (Dec 7, 2013 | post #122)