IDEAS home Printed from
   My bibliography  Save this article

Economic Measurements Of Social And Intangible Assets: Where Does Romania Stand At Sustainable Development?


  • Alexandru Ghiţiu-Brătescu

    () (Academy of Economic Studies, Bucharest)

  • Suzana Elena Chiriac

    () (Academy of Economic Studies, Bucharest)

  • Ioana Maria Ghidiu-Bîta

    () (Academy of Economic Studies, Bucharest)


Sustainable economic development, no matter the geographical area it is applied to, relates to improving living standards and incorporates a new focus and challenge for the economy: the measurement of intangible and social assets. This article aims to present Romania’s ranking among other countries. First of all, it analyses the rationale for measuring social aspects, in the context of the emrging new economy. The essential point here is that investing in intangibles produces more welfare on long term and improves labour productivity, creating a more competitive and knowledge based economy and society. Secondly, several indices are presented and the ranking for Romania is analysed, in order to provide a systematic view and debate upon the importance of social and intangible assets and their ways of measurement at a country level. We consider that our study's results are just a starting point for possible future theoretical and empirical investigations. This paper seeks to develop in Romania a framework of understanding the value of social and intangible assets and their importance for sustainable development. We appreciate that such a study could be a quite useful approach for both the academic and business communities in our country.

Suggested Citation

  • Alexandru Ghiţiu-Brătescu & Suzana Elena Chiriac & Ioana Maria Ghidiu-Bîta, 2010. "Economic Measurements Of Social And Intangible Assets: Where Does Romania Stand At Sustainable Development?," Romanian Economic Business Review, Romanian-American University, vol. 5(4), pages 156-167, december.
  • Handle: RePEc:rau:journl:v:5:y:2010:i:4:p:156-167

    Download full text from publisher

    File URL:
    Download Restriction: no


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:5:y:2010:i:4:p:156-167. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alex Tabusca). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.