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Role Of The Human Capital In The Growth Of Competitiveness – Implications For Sustainable Development Of Romania

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  • Pavel Elena – Mihaela

    (Romanian-American University)

Abstract

At European Union (EU) level, competitiveness has become a topic of key importance in the context of the significant increase in the gap with its main competitors: U.S., Japan, due mainly to lower performance in areas such as education and training (CVT), research - development and innovation - and the need to reduce development disparities within, between the member states and regions. Given their impact on the achievement of the Common Market, the reduction of these differences is a major EU objective, which is becoming increasingly important with each new expansion. It is also noted that regional disparities within the EU became more pronounced with the accession of various new states, mostly – as is the case of Romania – that are still below the average level of EU development. In this context, the results of all studies and assessments imposed human capital as one of the key factors that can contribute decisively to improving regional, national and international competitiveness.

Suggested Citation

  • Pavel Elena – Mihaela, 2010. "Role Of The Human Capital In The Growth Of Competitiveness – Implications For Sustainable Development Of Romania," Romanian Economic Business Review, Romanian-American University, vol. 5(4-1), pages 109-119, Winter-Sp.
    • Handle: RePEc:rau:journl:v:5:y:2010:i:4-1:p:109-119
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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/WI10-1/REBE-WI10-1-A14.pdf
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    References listed on IDEAS

    as
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