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ROMANIA ACHIEVING THE EUROPE 2020 STRATEGIES

Cristina Burghelea (), Miron Dumitrescu () and Constantin Octavian Burghelea ()
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Cristina Burghelea: Hyperion University Bucharest, Romania
Miron Dumitrescu: Hyperion University Bucharest, Romania
Constantin Octavian Burghelea: Printec Group România

Internal Auditing and Risk Management, 2013, vol. 32, issue 1, 41-50

Abstract: The shift from physical capital growth based on endogenous growth (based on human capital, knowledge and innovation, R&D) is one of the solutions to increase the economic performance of Romania and the countries of the European Union. Therefore, Romania should promote overall 2020 strategy targets and national development targets subsumed European document. I believe that Romania's economy has not reached its potential, is poorly structured and application of pro-cyclical policies have deepened the country's gap with the EU average. This article has as main objective the education system compatible with the labor market, thus showing how that can reduce the dropout rate, this resulting in sustainable economic growth based and higher education levels. Another problem of the Romanian economy treated in this article, is the solution to combating poverty and this can be achieved by the state providing a minimum pension, in case of pensioners and developing those areas that can generate jobs

Keywords: Europe 2020 sustainable growth; combating poverty; social exclusion. (search for similar items in EconPapers)
Date: 2013
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