IDEAS home Printed from https://ideas.repec.org/a/brc/brccej/v7y2022i2p103-111.html
   My bibliography  Save this article

Social Economy, An Important Source For Local Development

Author

Listed:
  • Raluca- Mihaela BOHARU (MIRCEA)

    (“Valahia” University of Targoviste, Romania)

  • Gabriela CONSTANTIN (ANGHEL)

    (“Valahia” University of Targoviste, Romania)

  • Cristina – Elena FLOREA (POENARU)

    (“Valahia” University of Targoviste, Romania)

Abstract

The economic crisis of recent years has put intense pressure on companies, especially in the private sector, which has often led to layoffs among staff. The question constantly arises: What happens to these employees, what protection measures does the state offer? One answer to this question may be related to obtaining European funding through the social economy. Unfortunately, in Romania, the concept of the social economy was practically limited to social inclusion, social protection, unlike countries such as Canada or Latvia, where the concept is based on local development, the contribution of enterprises to local development. To support the local development, it’s necessary to create a legislative framework that will allow the revitalization of the social economy in our country. Entities belonging to the social economy, be they non-governmental organizations, landowners’ associations, or unions, are important actors in the process of social innovation. In order to meet the needs of these participants in the social economy, we aim to identify innovative financing instruments for the social economy as well as the role of and implications for the local development.

Suggested Citation

  • Raluca- Mihaela BOHARU (MIRCEA) & Gabriela CONSTANTIN (ANGHEL) & Cristina – Elena FLOREA (POENARU), 2022. "Social Economy, An Important Source For Local Development," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 7(2), pages 103-111.
  • Handle: RePEc:brc:brccej:v:7:y:2022:i:2:p:103-111
    as

    Download full text from publisher

    File URL: http://www.revec.ro/papers/220213.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Alina Iuliana Tabirca & Loredana Cristina Tanase & Valentin Radu, 2021. "Social Costs of Globalization in Emergent Economies," Book chapters-LUMEN Proceedings, in: Adriana Grigorescu & Valentin Radu (ed.), 2nd International Conference Global Ethics - Key of Sustainability (GEKoS), edition 1, volume 15, chapter 7, pages 84-93, Editura Lumen.
    2. Loredana Tanase, 2006. "Socio-Economic Environment Of The Company And The Need For Countable Financial Information," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(8), pages 1-36.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      Keywords

      : Social Economy; Financing instruments; Local Development; Social Innovation; Social Economy Entities;
      All these keywords.

      JEL classification:

      • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
      • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:brc:brccej:v:7:y:2022:i:2:p:103-111. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cristina GANESCU (email available below). General contact details of provider: http://www.univcb.ro/ .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.