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Analysis of Economic Development of Human Capital

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  • DUMITRU Raluca-Ana-Maria

    (Spiru Haret University, Faculty of Economic Sciences, 46 G Fabricii Str., District 6 Bucharest, Romania)

Abstract

The concept of “human development†was born in a period characterized by an important number of events that have caused important changes of the geopolitical factors as well as essential mutations at economic and social level. This period is known as the “post-war era†. In this era, the world economy has registered considerable progress. The international cooperation and economic development have permitted the significant increase of merchandise and services world-wide commerce as well as the increase of foreign investments. Both the global production structure and the labor force structure have changed. Unfortunately, this global economic development is doubled by the persistence of economic and social differences and by the occurrence of set-backs. In the present paper it is presented the Romanian position towards the human development as well as the development perspectives of this position in the context of Romania’s integration in the European Union.

Suggested Citation

  • DUMITRU Raluca-Ana-Maria, 2019. "Analysis of Economic Development of Human Capital," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 5(1), pages 31-38, November.
    • Handle: RePEc:icb:wpaper:v:5:y:2019:i:1:31-38
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    More about this item

    Keywords

    human development; economic growth; sustainable development; globalization.;
    All these keywords.

    JEL classification:

    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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