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The factors that influence Romania’s economical growth

  • Irina Elena VOICA

    (Constatin Brancusi University of Targu Jiu, Romania)

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    The history of the world’s economical development demonstrate that, in all times, the welfare of an nation was generated by the gross internal product’s level, which represents “the gross value of the final production of goods and services produced, in a specific period of time, by the economical agents which activates between the national borders”. The economical grow process is a complex process of increasing the national economy results, based on the combination and the using of the production direct factors: the work force, the fix capital and the consumption of floating material goods. The economical grow is desirable in any country because it gives to population the possibility to consume more goods and services and in the same time it contribute to the insurance of a big quantity of goods and social services, like health, education etc., generating in this way a real grow of the life quality.

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    Article provided by Constantin Brancusi University, Faculty of Economics in its journal Constatin Brancusi University of Targu Jiu Annals - Economy Series.

    Volume (Year): 3 (2009)
    Issue (Month): (December)
    Pages: 391-398

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    Handle: RePEc:cbu:jrnlec:y:2009:v:3:p:391-398
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