Models of Economic Growth. Case Study: Central and Eastern Europe

Moraru Camelia () and Norina Popovici
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Moraru Camelia: Ph.D. student , Academy of Economic Studies, Bucharest

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 236-240

Abstract: Economic growth is a key concept in developing countries and in designing growth models becoming more efficient. This paper begins by defining the concept of growth, identifying and presenting the factors that contribute to achieving it, and finally the European growth model is outlined for attaining this objective. Given the global financial crisis started in 2008, were analyzed performance of growth models used in Central and Eastern Europe, an attempt to identify causes and effects. Thus, we have outlined three growth models: robust, moderate and a model with economic contraction.

Keywords: economic growth; crisis; GDP (search for similar items in EconPapers)
JEL-codes: E27 F43 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:12:p:236-240

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