The objective of this paper is thus two-fold: i) to analyse Romania’s current institutional and regulatory framework to understand how it reflects principles and nature of collaborative regulation; and ii) to highlight areas of strength and possible improvements in relation to its progression towards digital transformation and G5 collaborative regulation. It further proposes a series of six interrelated measures for Romania to consider that would unlock potential and allow for rapid gains on its journey toward these goals.
Impact / Outcome
Analysis have established that Romania’s institutional and regulatory framework is built upon the collaborative mindset. Institutions have appropriate mandates and decision-making powers, understand the value of collaboration and are seeking to make it efficient. Some extra steps could be taken to improve collaboration with other stakeholders (private sector, academia, non-governmental organizations) to pave the way for principled engagement of all market stakeholders in the growth of the digital economy. The adoption of best practice regulatory principles and tools of collaborative regulation could enhance digital market outcomes, bringing Romania into the group of regional and global leaders. Romania has all the ingredients that would allow the country to capitalize on its digital potential in a relatively short amount of time.
Funding sources
Public
Key Metrics
Penetration of broadband users; National average broadband speed
Operating model
Fully publicYear published
01 June 2021 
International Telecommunication Union (ITU)