A Short Presentation of Romanian Economy, Business Ethics and Economic Growth
A Short Presentation of Romanian Economy, Business Ethics and Economic Growth

Summary/Abstract: Economic development is a multidimensional process that involves improvement of social, political, legal and business platform of a nation. Over the last two decades global issues affected the international relations and businesses around the world. Globalization helped many countries to achieve their economic development nowadays, but also brought many challenges for international businesses and societies. The first part of this article presents the Romanian economic structure, the economic growth, its measurement and limitations. Then is given a general description of economic growth process, showing the benefits and costs of economic growth, the structure and impact of modern technologies for the consumers and producers who are interacting in the globalized economic system. In the second part, it is analysed the manner in which business ethics can affect economic development. In fact, in this section are evaluated the connections between technological advancement, economic growth and the enforcement of law in international affairs. This last section gives a general description concerning the role of business ethics for the economic development.

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