Labor market in Romania and Germany – comparative analysis in the context of macroeconomic stability and knowledge management

Abstract

In Romania – like everywhere in the, world - labor demand is directly related to the macroeconomic and political stability in the country. By default strong investors are attracted to this stability. To this, it is obvious that the provision of reduced tax rates simultaneously with a series of technical conditions concerning transport and energy infrastructures. Of course, a well-trained workforce in optimal wage conditions. An essential contribution to the area of regional development and to the increase in the professional level of human resources, of course, is the use of knowledge management as a basic strategy and tool.

Keywords

• macroeconomic and political stability
• low taxing
• professional hr
• knowledge management
• honest political class
• selfishness in government