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Local Measurements of the Impact of Quantitative and Qualitative Characteristics of Investment and Technological Decisions on the Environment Under the Risk-Related Conditions of Mining Industry

Author

Listed:
  • Valentin VELEV
  • Veselin MITEV

    (University of Mining and Geology “St. Ivan Rilski” – Sofia, Bulgaria)

Abstract

The impact of globalization in a worldwide scale is even more noticeable in the each country during period of world economic crisis due to the differences in the economic status, deformed by the crisis phenomena. In that case, the conflict between global tendencies and local manifestations in the regional aspect of economic phenomena is even more evidently noticeable as a direct reflection of the resource deficiency. The mineral resources are directly related to that process, not only as a first phase of the transformation of the raw material potential for each country, but also as a serious violator of the ecological equilibrium as a result of the applied technologies. Each country is enforced to resolve the various issues related to preserving the own resource potential as much as possible and to subordinate its investment and technological decisions to an integrated and in-depth utilization in compliance with the sustainable development of society.

Suggested Citation

  • Valentin VELEV & Veselin MITEV, 2010. "Local Measurements of the Impact of Quantitative and Qualitative Characteristics of Investment and Technological Decisions on the Environment Under the Risk-Related Conditions of Mining Industry," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 87-98, November.
    • Handle: RePEc:cbu:jrnlec:y:2010:v:3:p:87-98
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