ECONOMIC GROWTH – THEORY AND REALITY

IOANA ANDA MILIN, IULIANA IOANA MERCE, MIHAELA ANDREEA RADAC

Abstract


As a rule, economic growth is associated with innovation, technological change, investment in "human capital". All of these factors ultimately lead to economic growth. This is measured by the level of macroeconomic results - GNP, GDP / inhabitant and GDP. This paper analyzes the main macroeconomic developments in the Eurozone and the European Union in the period 2015-2017, evolutions that help us to understand the economic growth outlook in this area and in our country.


Keywords


economic growth; macroeconomic outcomes; productivity; human capital; investments

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References


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SIRBULESCU CLAUDIA, 2006, The level and dynamic of Romania main macro-economic indices between 1990-2004, Bulletin of University of Agricultural Sciences and Veterinary Medicine Cluj-Napoca, ISSN 1454-2382, Vol 63, Horticulture Book Series, p. 285-290,

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Copyright (c) 2017 Ioana Anda Milin, Iuliana Ioana Merce, Mihaela Andreea Radac

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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
FREQUENCY: Annual
PUBLICATION LANGUAGE: English

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Banat`s University of Agricultural Sciences and Veterinary Medicine “King Michael I of Romania” from Timisoara
Faculty of Management and Rural Tourism
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