THE INFRASTRUCTURE – A CONDITION FOR ECONOMIC DEVELOPMENT. CASE STUDY: THE EVALUATION OF INFRASTRUCTURE 2015-2016 IN THE EUROPEAN UNION Cover Image

INFRASTRUCTURA – CONDIŢIE A DEZVOLTĂRII ECONOMICE. STUDIU DE CAZ: EVALUAREA INFRASTRUCTURII 2015-2016 ÎN UNIUNEA EUROPEANĂ
THE INFRASTRUCTURE – A CONDITION FOR ECONOMIC DEVELOPMENT. CASE STUDY: THE EVALUATION OF INFRASTRUCTURE 2015-2016 IN THE EUROPEAN UNION

Author(s): Filofteia Repez, Eugen Valeriu Popa
Subject(s): Politics / Political Sciences
Published by: Carol I National Defence University Publishing House
Keywords: infrastructure; The Global Competitiveness Report; competitiveness; European Union; evaluation; investment; economic development

Summary/Abstract: There is a two-way relationship between the infrastructure of a state (regions etc.) and the economic development, meaning that the growth potential is even greater as that country (region etc.) has a more developed infrastructure; lack of adequate infrastructure can suffocate development and the economy can stagnate or even register a regress. Alongside economic, education, market flexibility jobs, and innovative businesses criteria, infrastructure is a reference point used by the World Economic Forum, in order to evaluate the competitiveness of states. For many countries, infrastructure has become a veritable “Achilles heel”. To emphasize this fact, during this scientific approach we aim to highlight issues regarding the infrastructures drawn from the Global Competitiveness Report 2015-2016, particularly those aspects involving infrastructure in the European Union, in order to highlight the need for investment in infrastructure; we consider this aspect a prerequisite for economic development and modernization.

  • Issue Year: 2016
  • Issue No: 02
  • Page Range: 70-77
  • Page Count: 8
  • Language: Romanian