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Romania’s National Wealth: Considerations Concerning the World Bank Study

Author

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  • Roxana Arabela DUMITRASCU

    (University „Petre Andrei“ of Iasi, Romania)

  • Vadim DUMITRAsCU

    (University „Petre Andrei“ of Iasi, Romania)

Abstract

The study of the World Bank made in 2006 aims at answering an extremely complex question: what is the nations’ wealth? On the basis of the answer to this question the authors of this study are trying to study the development sustainability degree reached by different countries of the world. The estimations regarding the wealth of the nations are based on a three parts decomposition of the wealth in produced, natural and intangible capital and they prove that the last one has the largest share and exerts the strongest effects on the development quality. In the present work we are bringing arguments that Romania doesn’t have a solid enough wealth compared to regional and world tendencies.

Suggested Citation

  • Roxana Arabela DUMITRASCU & Vadim DUMITRAsCU, 2012. "Romania’s National Wealth: Considerations Concerning the World Bank Study," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 60(1), pages 22-27, March.
    • Handle: RePEc:rsr:supplm:v:60:y:2012:i:1:p:22-27
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    More about this item

    Keywords

    produced capital; natural capital; intangible capital; national wealth; competitiveness;
    All these keywords.

    JEL classification:

    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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