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Restrictive Factors for Economic Growth in Developing Countries

Author

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  • Bucur Ion

    (Petroleum Gas University of Ploiesti, Ploiesti, Romania)

  • Bucur Cristian

    (Petroleum Gas University of Ploiesti, Ploiesti, Romania)

Abstract

Economic growth reflects the ability of an economy to produce more goods, in the structure and quality demanded by consumers. Growth influence decisive the existing living standard in a country. Developing countries are characterized in a greater extent than developed countries by insufficient financial resources designed both to increase the volume of investment resources and their efficient use. Increasing economic resources requires investments and lead to increased production.

Suggested Citation

  • Bucur Ion & Bucur Cristian, 2013. "Restrictive Factors for Economic Growth in Developing Countries," International Journal of Sustainable Economies Management (IJSEM), IGI Global, vol. 2(4), pages 55-62, October.
    • Handle: RePEc:igg:jsem00:v:2:y:2013:i:4:p:55-62
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