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Food industry in the Romanian economic system

Author

Listed:
  • VASILESCU Ion

    (The Bucharest Academy of Economic Studies, Romania)

  • BUNGHEZ Lucian

    (ROINVEST Covasna, Romania)

Abstract

The global economic instability, at international level, but mainly the Romanian economic crisis, has also affected food industry in an alarming way. In this context, the paper approaches several aspects regarding the possibilities food industry can provide in the field of new jobs creation, the demographic policy, the policy of balance of the relationship between generations, the social policies etc. To this effect, a series of possibilities to recover and increase the economic efficiency are suggested, as follows: supporting the reorganization and restructuring of the Romanian companies in the field, promoting the partnership with managers from countries economically developed, promoting an agro-food industry based on knowledge, drafting some strategic objectives of development both under circumstantial and normal conditions etc.

Suggested Citation

  • VASILESCU Ion & BUNGHEZ Lucian, 2009. "Food industry in the Romanian economic system," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(2 Special), pages 8-11, July.
    • Handle: RePEc:rom:econmn:v:12:y:2009:i:2special:p:8-11
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    File URL: https://www.management.ase.ro/reveconomia/2009-2s/3.pdf
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    Citations

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    Cited by:

    1. Oliveira, Gustavo de L.T. & McKay, Ben & Plank, Christina, 2017. "How biofuel policies backfire: Misguided goals, inefficient mechanisms, and political-ecological blind spots," Energy Policy, Elsevier, vol. 108(C), pages 765-775.
    2. Hirth, Lion & Ziegenhagen, Inka, 2015. "Balancing power and variable renewables: Three links," Renewable and Sustainable Energy Reviews, Elsevier, vol. 50(C), pages 1035-1051.

    More about this item

    Keywords

    agro-food economy; economic system; economic instability; economic crisis; economic recovery; efficiency; competitiveness;
    All these keywords.

    JEL classification:

    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General

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