Investment and Employment - Drivers of European Economic Development

The economic literature and related specialty practice, the development of the European Economic Community along with the factors determining them (such investments and staff) represents a topic that is of great notoriety. This paper shows the role and influence that direct investment in the economy...

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Main Authors: Cristina BURGHELEA, Mihai VUTA
Format: Article
Language:English
Published: Dunarea de Jos University of Galati 2017-04-01
Series:Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
Subjects:
Online Access:http://www.eia.feaa.ugal.ro/images/eia/2017_1/BurgheleaVuta.pdf
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author Cristina BURGHELEA
Mihai VUTA
author_facet Cristina BURGHELEA
Mihai VUTA
author_sort Cristina BURGHELEA
collection DOAJ
description The economic literature and related specialty practice, the development of the European Economic Community along with the factors determining them (such investments and staff) represents a topic that is of great notoriety. This paper shows the role and influence that direct investment in the economy and employment ratio can propagate in the growth of gross domestic product per capita to ensure increased economic sustainability of countries in the European Community. The most important economic effects of FDI on the host economy can be represented by labor productivity growth through knowledge transfer (know-how) technology, management skills and marketing term in countries emerging favor progress technological and economic growth. To determine this goal, in the context of economic logic, this research shows the importance of gross domestic product, total and per capita, as a macroeconomic indicator synthetic, and encouraging and using the action of factors that can also provide political steps, organizational and financial, achieving levels attesting social progress and prosperity. The study highlights a Custom Analysis on gross domestic product per capita, direct investment and the proportion of people employed in total for 24 European Union countries in 2014 and also develop an econometric model multifactorial based on system statistics. Research shows utility in making decisions about investment growth in the European Community by attracting a workforce that is in full compliance with state investment policies and by providing a high living standard.
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spelling doaj.art-2c53744e98b04595b7e5c95e4b6508e22022-12-21T22:31:28ZengDunarea de Jos University of GalatiAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics1584-04091584-04092017-04-012315969Investment and Employment - Drivers of European Economic DevelopmentCristina BURGHELEA0Mihai VUTA1Hyperion University, Bucharest, RomaniaHyperion University, Bucharest, RomaniaThe economic literature and related specialty practice, the development of the European Economic Community along with the factors determining them (such investments and staff) represents a topic that is of great notoriety. This paper shows the role and influence that direct investment in the economy and employment ratio can propagate in the growth of gross domestic product per capita to ensure increased economic sustainability of countries in the European Community. The most important economic effects of FDI on the host economy can be represented by labor productivity growth through knowledge transfer (know-how) technology, management skills and marketing term in countries emerging favor progress technological and economic growth. To determine this goal, in the context of economic logic, this research shows the importance of gross domestic product, total and per capita, as a macroeconomic indicator synthetic, and encouraging and using the action of factors that can also provide political steps, organizational and financial, achieving levels attesting social progress and prosperity. The study highlights a Custom Analysis on gross domestic product per capita, direct investment and the proportion of people employed in total for 24 European Union countries in 2014 and also develop an econometric model multifactorial based on system statistics. Research shows utility in making decisions about investment growth in the European Community by attracting a workforce that is in full compliance with state investment policies and by providing a high living standard.http://www.eia.feaa.ugal.ro/images/eia/2017_1/BurgheleaVuta.pdfGDP per capitaDirect investmentEmployment
spellingShingle Cristina BURGHELEA
Mihai VUTA
Investment and Employment - Drivers of European Economic Development
Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics
GDP per capita
Direct investment
Employment
title Investment and Employment - Drivers of European Economic Development
title_full Investment and Employment - Drivers of European Economic Development
title_fullStr Investment and Employment - Drivers of European Economic Development
title_full_unstemmed Investment and Employment - Drivers of European Economic Development
title_short Investment and Employment - Drivers of European Economic Development
title_sort investment and employment drivers of european economic development
topic GDP per capita
Direct investment
Employment
url http://www.eia.feaa.ugal.ro/images/eia/2017_1/BurgheleaVuta.pdf
work_keys_str_mv AT cristinaburghelea investmentandemploymentdriversofeuropeaneconomicdevelopment
AT mihaivuta investmentandemploymentdriversofeuropeaneconomicdevelopment