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Global Crisis And The Need For Green Economy. Case Study Romania

Author

Listed:
  • ARDELEANU Georgian

    (Academy of Economic Studies, Bucharest)

  • POPA Daniela

    (Dimitrie Cantemir University, Bucharest)

  • POPA Cristina

    (Academy of Economic Studies, Bucharest)

Abstract

The impact of the international economic crisis raises the necessity of redesigning the current pattern of development towards new approaches. In this context the green economy is a priority in implementing a new approach aimed to reconfigure the economic process throughout the product life cycle assessment. In the last period as the effects of environmental global issue, the new sectors of the green economy accelerated their growth worldwide, transition to a green Economy is characterized by substantially increased investments in economic sectors that build on and enhance the earth`s natural capital or reduce ecological scarcities and environmental risks. The paper analyses the implication of green economy on economic growth, additional is presented the specific sector and investments for promotion of green economy.

Suggested Citation

  • ARDELEANU Georgian & POPA Daniela & POPA Cristina, 2012. "Global Crisis And The Need For Green Economy. Case Study Romania," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 0(1), pages 68-74.
    • Handle: RePEc:blg:reveco:v:supplement:y:2012:i:1:p:68-74
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/suplimente/Volume1-2012.pdf
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    More about this item

    Keywords

    green economy; policies; sustainable development; investments;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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