Search

In this paper we want to present, in both a succinct and a theoretical way, the possible relation between economic liberalization, human development and standard of living in the present society based, more than ever, on knowledge. It is known that economic liberalization is one of the phenomena that have manifested themselves in increasingly active manner in recent decades so, nobody can deny its benefits especially on human development - economic and social main objective of all states, regional and global formations. Actually, the progress in human development translates into improved population standard of living. A better life, a decent standard of living for the greater share of people is the real proof of the effectiveness of economic and social processes including liberalization, economic growth and development and the motivation for future efforts to be made in this direction. Our theoretical approach is made on the basis of some specific indicators characteristic to the analyzed processes, indicators compiled and made available by various international organizations in the field. These statistical figures shall enable a comparison between the situation of some representative countries, including Romania. [ABSTRACT FROM AUTHOR]

In the present paper, we are going to analyse the concept of economic growth as a factor in the revitalization of the knowledge-based society. Although the whole economic and human development occurred under the auspices of knowledge, making progress possible in all its aspects and particularities, nowadays, its dynamics has changed the priority order of the factors of economic and social growth and development, or has brought forth modifications in their structure, in order to make easier their adaptation to the new realities. Though we are witnessing now some obvious changes in the economic and social pathology, growth remains a phenomenon that is both fundamental and systematically analysed, being regarded as the engine phenomenon for the future progress. [ABSTRACT FROM AUTHOR]