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12/30/09

Romania: From Ceausescu to the New Italy

The recent election in Romania, in which President Traian Basescu was re-elected with 50.3% of the vote, underlined why, 20 years after the fall of Ceausescu, Romania has become the new Italy.

The parallels are remarkable. Both countries reclaimed democracy when they executed their dictators Benito Mussolini (April 28, 1945) and Nicolae Ceausescu (December 25, 1989). Both emerged from dictatorship flat on their backs economically and with many friends in the West fearing they would not sustain democracy. And within 20 years, with support from America and Western Europe, both became firmly democratic, much more prosperous, and economically and militarily relevant members of the European Union and NATO.

Today, both continue to punch above their weight classes in areas such as artistic and design creativity, peaceful relations with their minorities and neighbors, corruption, and culture (Herta Muller, born in Romania, won the 2009 Nobel Prize in Literature).

But when Western Europeans think of Romania, two things likely spring to mind: vampires and corruption. The latter stereotype, at least, is not unfounded. In Transparency International's recent survey of corruption, Romania ranked 71st. That's well below the U.S. (19th), but only eight slots below Italy. But, as corruption did not hold Italy back from becoming the 7th largest economy in the world, neither has it stopped Romania from having one of the fastest growth rates in Europe. And significantly, for those who claim Romania and Italy are "too corrupt" to be successful, Transparency International ranks both less corrupt than Brazil, China, India and Russia, the "BRIC" countries that are said to be driving the world economy.

For the complete report: From Ceausescu to the New Italy by Jim Rosapepe and Sheilah Kast - WSJ.com

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