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What Lies beyond the Romania’s Economic Development

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  • Monica Răileanu Szeles

    (Transilvania University of Brasov)

Abstract

This paper analyzes the dynamic of economic development in Romania, underlying the steps already made by Romania on the way of economic development, as well as the causes of the slowness of this long term process. Four dimensions of the economic development are particularly analyzed here, i.e. the GDP, health, education and income inequality, with a great emphasis on the per capita GDP dynamic. The paper also looks at two contemporary challenges of Romania with a considerable impact on economic development – the progress made in the process of EU funds absorption and the income polarization, which is at present a matter of concern for the whole EU. The components of Romania’s economic development are presented in comparison with those of the New Member States.

Suggested Citation

  • Monica Răileanu Szeles, 2012. "What Lies beyond the Romania’s Economic Development," BRAND. Broad Research in Accounting, Negotiation, and Distribution, EduSoft Publishing, vol. 3(3), pages 54-63, December.
    • Handle: RePEc:bra:journl:v:3:y:2012:i:3:p:54-63
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    References listed on IDEAS

    as
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    6. Morgese Borys, Magdalena & Polgár, Éva Katalin & Zlate, Andrei, 2008. "Real convergence and the determinants of growth in EU candidate and potential candidate countries: a panel data approach," Occasional Paper Series 86, European Central Bank.
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    Full references (including those not matched with items on IDEAS)

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