European integration

Romania: still in crisis (?)

The starting point of the study lies in the fact that it analyzes the crisis not only as the cause of economic recession, but it also presents its effects upon society.

As human development index cannot be calculated based only on economic well-being, neither is the economic development of a country sufficient to establish its place in global development ranking. The society for which a country's economy must function and develop is the other most decisive factor of development level. Society is the one to dispose of human resources, which represent the basis of national economy.