Romania’s National Wealth: Considerations Concerning the World Bank Study

Roxana Arabela Dumitrascu and Vadim DUMITRAsCU
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Roxana Arabela Dumitrascu: University „Petre Andrei“ of Iasi, Romania
Vadim DUMITRAsCU: University „Petre Andrei“ of Iasi, Romania

Romanian Statistical Review Supplement, 2012, vol. 60, issue 1, 22-27

Abstract: The study of the World Bank made in 2006 aims at answering an extremely complex question: what is the nations’ wealth? On the basis of the answer to this question the authors of this study are trying to study the development sustainability degree reached by different countries of the world. The estimations regarding the wealth of the nations are based on a three parts decomposition of the wealth in produced, natural and intangible capital and they prove that the last one has the largest share and exerts the strongest effects on the development quality. In the present work we are bringing arguments that Romania doesn’t have a solid enough wealth compared to regional and world tendencies.

Keywords: produced capital; natural capital; intangible capital; national wealth; competitiveness (search for similar items in EconPapers)
JEL-codes: C00 N10 O11 (search for similar items in EconPapers)
Date: 2012
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