INFRASTRUCTURE - BASIC REQUIREMENTS OF ECONOMIC COMPETITIVENESS Cover Image

INFRASTRUCTURA - CERINŢĂ DE BAZĂ A COMPETIVITĂŢII ECONOMICE
INFRASTRUCTURE - BASIC REQUIREMENTS OF ECONOMIC COMPETITIVENESS

Author(s): Diana Tănase
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: infrastructure; roads; railroads; ports; air transport; competitiveness.

Summary/Abstract: Extensive and efficient infrastructure is an essential driver of competitiveness. It is critical for ensuring the effective functioning of the economy, as it is an important factor determining the location of economic activity and the kinds of activities or sectors that can develop in a particular economy. Well-developed infrastructure reduces the effect of distance between regions, with the result of truly integrating the national market and connecting it to markets in other countries and regions. In addition, the quality and extensiveness of infrastructure networks significantly impact economic growth and reduce income inequalities and poverty in a variety of ways. In this regard, a well-developed transport and communications infrastructure network is a prerequisite for the ability of less-developed communities to connect to core economic activities and schools. Infrastructure can be defined as the basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function. Effective modes of transport for goods, people, and services - such as quality roads, railroads, ports, and air transport - enable entrepreneurs to get their goods to market in a secure and timely manner, and facilitate the movement of workers to the most suitable jobs.

  • Issue Year: 19/2009
  • Issue No: 4
  • Page Range: 158-162
  • Page Count: 5
  • Language: Romanian