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A Proposal for a Standard With Innovation Management System

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Adina Catana and Lavinia Delcea<br />

Source: The authors according to the data available on Romania’s Finance Ministry website<br />

Figure 8: Evolution of the number of employees of Romania’s main large stores<br />

Source: The authors according to the data available on Romania’s Finance Ministry website<br />

Figure 9: Romania’s main large stores’ turnover evolution (mil.lei)<br />

A downward trend of the stores surveyed can be noticed, from the turnover point of view, but also<br />

regarding the number of employees. This has as cause the job cuts and difficult economic situation in<br />

2010 characterized by massive layoffs, reduced salaries and pensions and price increases.<br />

No. Indicator 2011 2012 2013 2014<br />

1 Real GDP 2.5% 1.7% 3.1% 3.6%<br />

2 Real GDP N-W 1.5% 3.9% 4.5% 4.6%<br />

3 GDP/capita N-W 6.09% 10.92% 10.71% 10.55%<br />

4 Final<br />

consumption<br />

private 1.4% 1.7% 3.2% 3.6%<br />

5 Unemployment rate N-W -1.69% -6.90% -5.56% -9.8%<br />

6 Average number of 0.3% 0.5% 0.4% 0.8%<br />

employees N-W<br />

Source: The authors according to the National Commission of Prognosis’ data<br />

Table 1: Prognosis of the evolution of Romania’s main macroeconomic indicators<br />

According to the National Commission of Prognosis data which we presented in the table above, a<br />

general improvement of Romania’s economic situation was estimated <strong>for</strong> the period 2011-2014.<br />

Real GDP was <strong>for</strong>ecast to grow by more than 3% in the years 2013 and 2014 over the previous<br />

years. The same can be said about the real GDP in the NW region, <strong>for</strong> which <strong>for</strong>ecasts were better,<br />

with more than 4% increases in the years 2013 and 2014 compared to previous years. Forecasts <strong>for</strong><br />

GDP per capita in the NW region, show more than 10% annual growths over previous years since<br />

87

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