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Smart – Economy Concept – Facts And Perspectives

Author

Listed:
  • Diana Apostol

    (Post Doctoral Student, Alexandru Ioan Cuza University Author-Name: Cristina Balaceanu
    PhD, Dimitrie Cantemir Christian University)

  • Eleonora Mihaela Constantinescu

    (PhD, Dimitrie Cantemir Christian University)

Abstract

The main question regards the functioning of development in the terms of quality consists in extending inclusion and generating efficient allotment of separating the productive act from consuming energy, nonrenewable resources, desertification and unsustainable emissions. All these actions seem to restrict economy and its capacity of contributing to the reduction of inequalities. What remains central and problematic is the attempt to satisfy the needs of the present without prejudicing the future generation’s capacity of equally covering their needs (Brundtland Commission 1987). There is no species of sustainability that could harmonize the economists and ecologists’ theories regarding development; at the same time, ecologists and economists continue to disagree regarding the manner in which they understand to approach the issues of growth, development and sustainability.

Suggested Citation

  • Diana Apostol & Eleonora Mihaela Constantinescu, 2015. "Smart – Economy Concept – Facts And Perspectives," HOLISTICA Journal of Business and Public Administration, Association Holistic Research Academic (HoRA), vol. 6(3), pages 67-77, September.
    • Handle: RePEc:urn:urnste:v:6:y:2015:i:3:p:67-77
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    File URL: http://holisticajournal.ro/details?pid=105
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    More about this item

    Keywords

    smart economy; sustainable; economic growth; economic degrowth; quality of live;
    All these keywords.

    JEL classification:

    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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