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THE ANALYSIS OF THE ECONOMICAL DEVELOPMENT OF ROMANIA`S NORTH-WEST REGION

Lavinia Delcea, Ramona Simut and Afrodita Borma

Revista Economica, 2012, vol. Supplement, issue 1, 243-250

Abstract: This paper aims to present the concept of regional development applied to the North-West Region of Romania. After presenting the relevant literature overview regarding regional economic development, we analyse the region`s main indicators and we try to identify the prospects of its future development. The research methodology is both analitical, while presenting the theoretical framework, and empirical, while studing the chosen indicators and their evolution. The obtained results show us that the economy of Romania`s North-West region is mainly based on agriculture and manufacturing industry, where labor-intensive traditional sectors dominate, with low added value.

Date: 2012
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