DIGITAL DEVELOPMENT AND QUALITY OF LIFE IN ROMANIA: A NUMERICAL CHARACTERIZATION

2012

Starting from the idea that any economic growth must also generate better living conditions, a range of statistical indicators were developed for evaluate standard of living and quality of life. As the Gross Domestic Product (GDP) is the most recognized indicator, we have tackled its evolution, in spite of the recent criticism in the literature around GDP usage that is made by researchers focusing on finding more complex indicators. These indicators should accurately reflect changes in the standard of living (and especially in the quality of life) generated by expansion of a new kind of economy called digital economy. In this study, it is conducted an exploratory research using historical d…