January 2007. Following the free travel agreement and politics of the post–Cold War period, as well as hardship of the life in the 1990s economic depression, Romania has an increasingly large diaspora, estimated at over 2 million people. The main emigration targets are Spain, Italy, Germany, Austria, the United Kingdom, Canada and the United States.
During the 2000s, Romania enjoyed one of the highest economic growth rates in Europe and has been referred to as "the Tiger of Eastern Europe." This has been accompanied by a significant improvement in human development. The country has been successful in reducing internal poverty and establishing a functional democracy. However, Romania's development suffered a major setback during the late-2000s recession as a large gross domestic product contraction and a large budget deficit in 2009 led to Romania borrowing heavily, eventually becoming the largest debtor to the International Monetary Fund in 2010. Worsening economic conditions led to popular unrest and eventually to a political crisis in 2012. Romania still faces issues related to infrastructure, medical services, education, and corruption
