BNR's Georgescu: Romania's social-economic development, slower than economic growth
Publicat:Romania's social-economic development is slower that the economic growth, First Deputy Governor of the National Bank of Romania (BNR) Florin Georgescu told Tuesday the international conference titled "Measuring Development in Turbulent Times".
"So not every growth leads to development if it is not well handled both by the market and the state's selective intervention, the overall favourable macro-economic evolutions being only partially felt in the increase of the population's living standard and the improvement of the economy's competitiveness. This is because the capital volume in the…
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