This article focuses, from the standpoint of the local purchase power, on the life standards in Romania and across Europe, emphasizing that one problem in Romania is the productivity of the resources which decreased significantly during the economic boom. The trend of the labour cost per hour and the GDO/ per capita in Romania during the last four years show that the growth reserve of the labour cost per hour has disappeared.
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BARBU, C.-M. (2016). Life Standards in Romania, Labour Costs and Productivity of Material Resources, In the European Context. International Journal of Academic Research in Business and Social Sciences, 6(8), 124-132.
Copyright: © 2016 The Author(s)
Published by Human Resource Management Academic Research Society (www.hrmars.com)
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