Why does Romania's GDP per capita grow faster than Germany's?

Romanians save a larger share of their earnings.
3% (2 votes)
Capital investments are more productive in Romania than in Germany.
84% (53 votes)
Technology advances faster in Romania.
2% (1 vote)
Unproductive generations from the Communist era are replaced by new capitalist ones.
11% (7 votes)
Total votes: 63
Learning objectives: 
Understanding the meaning and measurement of economic growth, productivity and real GDP per capita.
Understanding the concepts of labour, capital and technology.
Understanding the basics of the Harrod-Domar growth model and, in particular the role of the savings rate.
Understanding the basics of the neoclassical growth model and its differences with the Harrod-Domar model.
Understanding the role of diminishing returns to capital, depreciation and the steady state.
Understanding the concept of conditional convergence.
Understanding dual models of economic development.
Presentation videos: