The factors that influence Romania’s economical growth

Irina Elena Voica
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Irina Elena Voica: Constatin Brancusi University of Targu Jiu, Romania

Annals - Economy Series, 2009, vol. 3, 391-398

Abstract: The history of the world’s economical development demonstrate that, in all times, the welfare of an nation was generated by the gross internal product’s level, which represents “the gross value of the final production of goods and services produced, in a specific period of time, by the economical agents which activates between the national borders”. The economical grow process is a complex process of increasing the national economy results, based on the combination and the using of the production direct factors: the work force, the fix capital and the consumption of floating material goods. The economical grow is desirable in any country because it gives to population the possibility to consume more goods and services and in the same time it contribute to the insurance of a big quantity of goods and social services, like health, education etc., generating in this way a real grow of the life quality.

Keywords: the economical growth; labor; population (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2009:v:3:p:391-398

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