THE ECONOMIC EFFICIENCY OF INVESTMENT
THE ECONOMIC EFFICIENCY OF INVESTMENT
Author(s): Simona Cristina CosteaSubject(s): Economy
Published by: Editura Eurostampa
Keywords: economic efficiency; investments; progress
Summary/Abstract: Economic efficiency is the main quality factor of economic growth because through it one can achieve an absolute performance enhancement involving the same amount of effort. In a market driven economy efficiency has to be estimated at a microeconomic level as well as with respect to the national economy Investments play a key role in the economy as an intermediate between the production of goods and services and the consumer itself being a factor of influence regarding the demand as well as the offer. Investment provides the financial support for promoting technical-scientific progress in various fields of activity.
Journal: Anale. Seria Ştiinţe Economice. Timişoara
- Issue Year: XVIII/2012
- Issue No: 18
- Page Range: 230-233
- Page Count: 4
- Language: English