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The Development of the Digital Economy in the Context of Regional Development in Romania

Author

Listed:
  • Elena Bugudui
  • Ghenadie Ciobanu

Abstract

Romania aims to make the digital economy a leading place in the new architecture of regional development. This will in fact contribute to the development of a high quality regional and local management that will be reflected in the activity of local and regional public institutions, in the development of SMEs in underdeveloped regions and will contribute to the creation of new jobs for young people and for other excluded social and informational groups. The use of new technologies leads to a profound change in the structure of the workforce. This paper presents the evolution of the employed population in the field of IT & C, with the presentation of the leaps made at the regional level in the period 2008 - 2016. The paper also presents aspects of Romania's position on the digital market of the European Union, highlights aspects of the impact of digital economy development, with a weight-of-GDP analysis at both national and developmental levels.

Suggested Citation

  • Elena Bugudui & Ghenadie Ciobanu, 2018. "The Development of the Digital Economy in the Context of Regional Development in Romania," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(1), pages 213-220, March.
    • Handle: RePEc:khe:scajes:v:4:y:2018:i:1:p:213-220
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    More about this item

    Keywords

    Digital economy; IT & C; workforce; economic growth; GDP;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • J48 - Labor and Demographic Economics - - Particular Labor Markets - - - Particular Labor Markets; Public Policy

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