IDEAS home Printed from
   My bibliography  Save this article

From the Economic Growth to the Sustainable Development, the Role of Services in the Development Process


  • Maria Ioncica

    () (Academy of Economic Studies, Bucharest)

  • Eva Cristina Petrescu

    () (Academy of Economic Studies, Bucharest)


Economic growth is an increase of the results of an economic system in a particular time and space. Economic results are synthetically described by GNP or real GDP adjusted with the deflator on the whole or per capita. Sustainable development is the kind of development that satisfies the present generations’ needs without affecting those of the generations to come. Sustainable development is an evolving concept that comprises all aspects of human activity. The methodology and indicators used to measure economic development have changed with the different approaches of the concept. The main indicators used are: Economic Growth Rate, Purchasing Power Parity, Human Development Index, and Human Poverty Index. In the context of profound changes in contemporary economy - theories and models of economic development must be adjusted to the new realities. More and more specialists find services the main incentive for economic growth.

Suggested Citation

  • Maria Ioncica & Eva Cristina Petrescu, 2005. "From the Economic Growth to the Sustainable Development, the Role of Services in the Development Process," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 7(18), pages 61-68, November.
  • Handle: RePEc:aes:amfeco:v:7:y:2005:i:18:p:61-68

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Economic Growth; Sustainable Development; Economic Growth Rate; Human Development Index; Human Poverty Index.;

    JEL classification:

    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aes:amfeco:v:7:y:2005:i:18:p:61-68. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Valentin Dumitru). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.