DIFFERENCES IN ECONOMIC DEVELOPMENT IN THE WESTERN REGION Cover Image

DECALAJE ÎN DEZVOLTAREA ECONOMICĂ LA NIVELUL REGIUNII VEST
DIFFERENCES IN ECONOMIC DEVELOPMENT IN THE WESTERN REGION

Author(s): Teodor-Florin Cilan
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: Gross Domestic Product; Gross Added Value; labor productivity; development; region; disparities.

Summary/Abstract: West Region is one of the most developed areas in Romania. The macroeconomic indicators are relevant in showing the development level. I used in my approach three of these indicators: Gross Domestic Product, Gross Added Value, Labor productivity. Although we can constantly find West Region on the second place, after Bucharest-Ilfov Region, there are some consistent disparities between the counties forming the region. Thus Timiş and Arad counties are placed well over the national average, while Hunedoara and Caraş – Severin usually are placed considerably under the national average. This is a problem that can be solved only by applying coherent development policies at national and regional level.

  • Issue Year: 20/2010
  • Issue No: 2
  • Page Range: 281-291
  • Page Count: 11
  • Language: Romanian
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