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Human Capital In Romania An Integrated And A Multifactor Concept

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  • CARMEN MARIA GUT

    (Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania)

Abstract

Human capital status has become, in nowadays Romania, a matter of general interest, considering the perspectives of aligning to and joining the EU structures. Romania’s preparation for the EU integration involves, from the educational point of view, the taking over, the adaptation and the implementation of community acquis in respect of the formation and usage of human capital. The transition towards market economy has generated in Romania a process different through its dimension and intensity, a waste of human potential through disqualification, a worsen of the health situation, an expansion of poverty and even a breaking-up of the family structure. The authors intend to analyze the reasons and the results of this tendencies of impoverishment, which may lead to the loss of Romania’s one of the most important comparative advantages, as an EU with a well-qualified labor force, that was associated with lower wage costs, in candidate state; our country began its transition opposition to the other Eastern-European states.

Suggested Citation

  • Carmen Maria Gut, 2006. "Human Capital In Romania An Integrated And A Multifactor Concept," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    • Handle: RePEc:bbn:journl:2006_2_8_gut
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    File URL: http://tbs.ubbcluj.ro/RePEc/bbn/journl/2006_2_8_Gut.pdf
    File Function: Revised version, 2006
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    References listed on IDEAS

    as
    1. Angel de la Fuente, 2003. "Human Capital in a global and knowledge-based economy, part II: assessment at the EU country level," Working Papers 98, Barcelona School of Economics.
    2. Angel de la Fuente & Antonio Ciccone, 2003. "Human capital in a global and knowledge-based economy," UFAE and IAE Working Papers 562.03, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
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    More about this item

    Keywords

    human capital; poverty; education;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • P46 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

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