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Correlations between the investment process and economic growth

Cristi Cojocaru and Cristina Borovina
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Cristi Cojocaru: University of Craiova Faculty of Economics and Business Administration
Cristina Borovina: University of Craiova Faculty of Economics and Business Administration

Annals of University of Craiova - Economic Sciences Series, 2014, vol. 2, issue 42, 147-155

Abstract: The importance of investments within the economic growth process is a phenomenon pertaining to the scientific proofs. The modern growth theories designate the development process in which knowledge is the main internal factor, while the economic development process is the result of the final production growth, accompanied by the quantity growth and information quality. In the spirit of this theory, the human capital, technologies and information become pertinent elements of the sustainable economic development.

Keywords: investment; economic growth; GDP; GNP; direct foreign investments (search for similar items in EconPapers)
JEL-codes: E22 O10 (search for similar items in EconPapers)
Date: 2014
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