Mises Wire
Author:
Mihai Macovei
Online Publish Date:
Romania Toward the end of World War II Romania was occupied by the Soviet Union which installed a communist government. Within a few years most of the the IMF and the World Bank, and acquired preferential trading status with the European Common Market. In August 1968, Ceaușescu did not take part and condemned the governments, Romania still has one of the lowest densities of highway networks in Europe graph 1), which represents a major bottleneck to foreign investment, growth,