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Economy of Romania


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ary sculpture. These include The Endless Column, The Gate of the Kiss and The Table of Silence, which together represent the three parts of a monumental sculptural ensemble.

Science and technology

During the 1990s and 2000s (decade), the development of Romanian science was hampered by several factors, including corruption, low funding and a considerable brain drain. However, since the country's accession to the European Union, this has begun to change. After being slashed by 50% in 2009 due to the global recession, R&D spending was increased by 44% in 2010 and now stands at $0.5 billion (1.5 billion lei). In January 2011, the Parliament also passed a law that enforces "strict quality control on universities and introduces tough rules for funding evaluation and peer review". The country has joined or is about to join several major international organizations such as CERN and the European Space Agency. Overall, the situation has been characterized as "rapidly improving", albeit from a low base.

Historically, Romanian researchers and inventors have made notable contributions to several fields, such as: aeronautics, medicine, mathematics, computer science/engineering, physics, biophysics, chemistry, biochemistry and biology. In the history of flight, Traian Vuia made the first airplane to take off on its own power and Aurel Vlaicu built and flew some of the earliest successful aircraft. Also, Henri Coandă discovered the Coandă effect of fluidics. Preceding him, Elie Carafoli was a pioneering contributor to the field of aerodynamics in the world.

Victor Babeș discovered more than 50 germs and a cure for a disease named after him, babesiosis; biologist Nicolae Paulescu discovered insulin. Another biologist, Emil Palade, received the Nobel Prize for his contributions to cell biology. George Constantinescu created the theory of sonics, while Lazăr Edeleanu was the first chemist to synthesize amphetamine and also invented the
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