Labor market in Romania and Germany – comparative analysis in the context of macroeconomic stability and knowledge management

Alin Ioan Cretu and Laurentiu Tescan
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Alin Ioan Cretu: Academy of Economic Studies
Laurentiu Tescan: Academy of Economic Studies

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2019, vol. 20, issue 3, 323-342

Abstract: In Romania – like everywhere in the, world - labor demand is directly related to the macroeconomic and political stability in the country. By default strong investors are attracted to this stability. To this, it is obvious that the provision of reduced tax rates simultaneously with a series of technical conditions concerning transport and energy infrastructures. Of course, a well-trained workforce in optimal wage conditions. An essential contribution to the area of regional development and to the increase in the professional level of human resources, of course, is the use of knowledge management as a basic strategy and tool.

Keywords: macroeconomic and political stability; low taxing; professional HR; knowledge management; honest political class; selfishness in government. (search for similar items in EconPapers)
JEL-codes: M00 M12 M52 M54 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:20:y:2019:i:3:p:323-342

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