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Trends Of Natural Resources Market In A Globalized World Economy

Author

Listed:
  • Cristian, SIMA

    (Centre for Industrial Economics and Services, the Romanian Academy)

  • Eleonora-Mihaela, CONSTANTINESCU

    (“Dimitrie Cantemir” Christian University, Faculty of Marketing, Bucharest)

Abstract

Natural resources are not homogeneous in nature, having certain features in the productive process that require grouping them into different categories by different criteria. Consequently, natural resources cannot be addressed all at once, but only distinctly, according to relevant criteria selected based on the proposed goals. Changing approaches based resources (materials) to the knowledge, from quantity to quality, from mass products to new concepts of higher added value, follows a development that is based on eco-efficiency and sustainable products and services. In this respect, integrated research will become key factors towards global processing. Also, global digitalization requires a new approach on the role of information in the development of economy and increase of competitiveness.

Suggested Citation

  • Cristian, SIMA & Eleonora-Mihaela, CONSTANTINESCU, 2013. "Trends Of Natural Resources Market In A Globalized World Economy," Management Strategies Journal, Constantin Brancoveanu University, vol. 22(4), pages 63-69.
    • Handle: RePEc:brc:journl:v:22:y:2013:i:4:p:63-69
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    economy; mining industry; natural resources market; property rights regime; total economic value; information and communication technology;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts

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