IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2022v4p93-103.html
   My bibliography  Save this article

The Need To Develop A Sustainable Economy In Romania

Author

Listed:
  • VICTOR MUNTEANU

    (VALAHIA UNIVERSITY OF TARGOVISTE, ROMANIA)

  • MARILENA ZUCA

    (ROMANIAN-AMERICAN UNIVERSITY OF BUCHAREST, ROMANIA)

  • ADRIANA HORAICU

    (VALAHIA UNIVERSITY OF TARGOVISTE, ROMANIA)

  • ANA-MARIA COMANDARU (ANDREI)

    (VALAHIA UNIVERSITY OF TARGOVISTE, ROMANIA)

Abstract

After a long period of transition in which it aims to strengthen the rule of law and the specific institutions of a modern democracy, Romania today has a stable economy with the chance to become a leading country in the European Community through a new economic project that will channel all the energies of the decision makers towards a sustainable economic development. The main objective is to define a vision that provides the societal consensus on the main areas and action measures aimed at placing Romania on the path of sustainable development, which would translate, in economic language, by the convergence of GDP / capita with the level of European countries. There are at least three major directions: the nature of competition, the formation of industrial agglomerations, the use of high technology, as well as documents designed to support and complement the strategic directions of sustainable development in Romania with: national development policies, strategies and plans. continuous concern. In the documents regarding Romania's position regarding the sustainable economic development, these three directions are still based on vulnerable foundations. The sustainability of economic growth is not given exclusively by the share of consumption-investment-export engines, but the growth rate of the total productivity of the factors has a greater relevance. Therefore, in this scientific approach we will present an analysis of the historical gap of Romania, compared to the European Union in key areas of sustainable development, we will develop a series of policies and strategies to reduce the obvious gap between Romania and European Union countries and an analysis of the factors influencing their financial indicators specific to a sustainable economy.

Suggested Citation

  • Victor Munteanu & Marilena Zuca & Adriana Horaicu & Ana-Maria Comandaru (Andrei), 2022. "The Need To Develop A Sustainable Economy In Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 93-103, August.
  • Handle: RePEc:cbu:jrnlec:y:2022:v:4:p:93-103
    as

    Download full text from publisher

    File URL: https://www.utgjiu.ro/revista/ec/pdf/2022-04/10_Munteanu1.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ana-Maria ANDREI & Adriana HORAICU & Marilena ZUCA, 2023. "The Link Between Accounting Analysis And Sustainable Development," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 8(1), pages 14-26.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2022:v:4:p:93-103. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.