In the midst of the significant shifts that defined Eastern Europe's evolution from communism to democracy and a market-based economy, Romania was at the center of this transformational time. The paper presents a thorough examination of Romania's amazing journey, highlighting the difficulties it encountered. This empirical investigation digs into the complex problems that occurred over the transition in order to find suitable solutions that would have helped Romania carry out the transition effectively. To identify the elements that led to these issues, the report makes use of empirical research and comprehensive analysis. The coping mechanisms that Romania ought to have used are at the heart of the situation in this context. This study provides useful insights that go beyond the boundaries of Romania by analyzing approaches and evaluating their efficacy, acting as a case study with broader consequences. It takes both a great sense of flexible methods and a profound awareness of the obstacles of navigating the complicated terrain of an economy in transition. This essay aims to clarify the complexities of Romania's transition by offering a detailed viewpoint on how the country ought to have changed as it transitioned from a planned to a market-driven economy.