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The Impact of Global Economic and Financial Crisis on Rural Development in the European Union

Author

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  • Virginia Campeanu

Abstract

The objective of this paper is to answer two questions: how and how much the economic and financial global crisis affected the rural development in the Member States of the European Union. Comparative analysis of statistical data shows that the severity of the crisis has influenced in different ways the rural economies of the Member States, with impact on employment rate, economic development of agricultural and non-agricultural sectors, and structure of the economy. This paper measures the impact of the global crisis on employment in rural areas as well as the impact on the development of the rural economy in the EU Member States, including Romania.

Suggested Citation

  • Virginia Campeanu, 2015. "The Impact of Global Economic and Financial Crisis on Rural Development in the European Union," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 7(3).
    • Handle: RePEc:iem:journl:v:3:y:2015:id:2822000009559003
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    File URL: http://iem.ro/rem/index.php/REM/article/view/211/264
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    More about this item

    Keywords

    economy; labor; rural areas; crisis; rural development; financing; lending; EU; Romania;
    All these keywords.

    JEL classification:

    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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