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Realities and Perspectives concerning Mining Energy Sector in Romania

Author

Listed:
  • Ioana Dorin
  • Cristina Diaconescu
  • Dan Ioan Topor

Abstract

Our country has been blessed with a great variety of mineral resources (ferrous and nonferrous), and energy resources (coal, oil, natural gas, radioactive elements). The abundant natural resources have been exploited for thousands of years, being in certain periods of time one of the main reasons for economic and social development. In our country, the period after 1990 was marked by a radical restructuring of the national development strategy, which led to a dramatic reduction of financing the geological and mining exploration, possibly triggering the collapse of the mining industry and research related to this activities. For this reason, the reform of the mining sector highlights, both important advantages, as well as persistent opportunities and challenges.

Suggested Citation

  • Ioana Dorin & Cristina Diaconescu & Dan Ioan Topor, 2014. "Realities and Perspectives concerning Mining Energy Sector in Romania," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(8), pages 413-419, August.
    • Handle: RePEc:hur:ijarbs:v:4:y:2014:i:8:p:413-419
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    More about this item

    Keywords

    Mining industry; restructuring; manufacturing; energy policy; modernization;
    All these keywords.

    JEL classification:

    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels

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