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Life Standards in Romania, Labour Costs and Productivity of Material Resources, In the European Context

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  • Cristian-Marian Barbu

Abstract

This article focuses, from the standpoint of the local purchase power, on the life standards in Romania and across Europe, emphasizing that one problem in Romania is the productivity of the resources which decreased significantly during the economic boom. The trend of the labour cost per hour and the GDO/ per capita in Romania during the last four years show that the growth reserve of the labour cost per hour has disappeared.

Suggested Citation

  • Cristian-Marian Barbu, 2016. "Life Standards in Romania, Labour Costs and Productivity of Material Resources, In the European Context," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(8), pages 136-145, August.
    • Handle: RePEc:hur:ijarbs:v:6:y:2016:i:8:p:136-145
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    Cited by:

    1. Cristian - Marian Barbu, 2018. "Romania Shows More and More Red Flags, With Values Significantly Beyond the Balanced Trends," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 4(1), pages 40-49, March.

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