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Sustainable Development - Possible Solution To Overcome The Crisis

Author

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  • Madalina Cristina TOCAN

    (Faculty of Economics, Ecological University of Bucharest)

Abstract

Economic and financial crisis was generated by the current market model, a model which has to be rethought from the ground. The solution could come from a new and sustainable system, oriented on the long-term progress of human society. Appropriate and necessary sustainable development measures are already implemented in more companies throughout the world. Sustainable development can be a 2 in 1 solution for both environmental and business problems in Romania. The main impediment to the application of measures for sustainable development in Romania is the lack of thorough knowledge of the concept. The fact that the principles of sustainable development are not sufficiently known in Romania by those landing at decision level is regrettable. In fact, sustainable development must be a reference to the crisis.

Suggested Citation

  • Madalina Cristina TOCAN, 2014. "Sustainable Development - Possible Solution To Overcome The Crisis," Post-Crisis Trends - Working papers 06, Ecological University of Bucharest, Department of Economics.
    • Handle: RePEc:eub:wp2014:2014-06
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    More about this item

    Keywords

    sustainable development; financial crisis; green business;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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