THE ROMANIAN ECONOMY DURING PRE AND POST ADERATION TO E.U. PERIOD Cover Image

EVOLUŢIA ECONOMIEI ROMÂNIEI ÎN PERIOADA PRE ŞI POST-ADERARE LA U.E
THE ROMANIAN ECONOMY DURING PRE AND POST ADERATION TO E.U. PERIOD

Author(s): Adrian - Costinel Tănase
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: economic growth; GDP; labour productivity; branches of economy.

Summary/Abstract: Despite the process in the economic growth registered by Romania after 2000, our country is behind the European competitors. The level of the GDP per capita represents around 50% of that obtained in the countries having joined the EU in 2004 and about 1/3 of the EU-25 average. As regard labour productivity, in 2004, Romania reached only 35.3% of the productivity registered in the EU-25. The increase of productivity depends on a set of factors, among which: technology, quality of products, marketing and other sources determining the increase of the value added per unit of production factor used in the process of creation and obtaining of products and services. For the Romanian economy to be competitive, one should first of all take a series of measures with the purpose of increasing the labour productivity as improvement of legislation and regulations in the field of entrepreneurial activity, establishment of economic and financial measure facilitating efficient investments, improvement of the management quality, both in the private and the public sector, granting an increased importance to the activity of research, development and innovation, attraction and optimum use of the specialists’ competence in all the branches of economy, dimensioning the manufacturing facilities in accordance with the solvable demand.

  • Issue Year: 19/2009
  • Issue No: 4
  • Page Range: 176-182
  • Page Count: 7
  • Language: Romanian