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Romania'S Just Transition: Comparative Insights And Best Practices From Eu Member States

Author

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  • Alina Ligia Dumitrescu

    (Institute for World Economy, Romanian Academy)

Abstract

This article analyses recent European Commission regulations, and working documents as well as a selective literature on just transition. Our research also presents examples of best practices from various Member States. This research focuses on the just and green transition impact on the labour market development in Romania. Withal, the outlook of the circular economy is analysed, as an essential component of the green economy, in the context of the just transition in Romania. In Romania, the just transition is accompanied by opportunities, but it should not neglect the challenges. The acceleration of the process of phasing out the consumption of fossil fuels and the development of zero-emission technologies generate significant pressures on the labour market and the regional and county economies. The main objectives of this article are to analysis the consequences of a just transition in the EU and to identify solutions and formulate recommendations for Romania. The main findings of our research show that the just transition process depends on restructuring and building new competitive advantages by diversifying the local economy and startup sector development. The public policies should stimulate good governance and partnerships between municipalities, universities, and private firms, as well as cooperation between trade unions and local authorities.

Suggested Citation

  • Alina Ligia Dumitrescu, 2024. "Romania'S Just Transition: Comparative Insights And Best Practices From Eu Member States," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 12(1), pages 38-50, June.
  • Handle: RePEc:ntu:ntugeo:vol12-iss1-38-50
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    More about this item

    Keywords

    just transition; best practices; circular economy; European Union; Romania;
    All these keywords.

    JEL classification:

    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J48 - Labor and Demographic Economics - - Particular Labor Markets - - - Particular Labor Markets; Public Policy
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects

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