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Analysis of Economic Development of Human Capital
Raluca DUMITRU

Last modified: 2019-11-15

Abstract


The concept of “human development” was born in a period characterized by an important number of events that have caused important changes of the geo-political factors as well as essential mutations at economic and social level. This period is known as the “post-war era”. In this era, the world economy has registered considerable progress. The international cooperation and economic development have permitted the significant increase of merchandise and services world-wide commerce as well as the increase of foreign investments. Both the global production structure and the labor force structure have changed.

Unfortunately, this global economic development is doubled by the persistence of economic and social differences and by the occurrence of set-backs. In the present paper it is presented the Romanian position towards the human development as well as the development perspectives of this position in the context of Romania’s integration in the European Union.


Keywords


human development, economic growth, sustainable development, globalization

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