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The Challenges of the Green Economy in Romania. Scientific Literature Review

Author

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  • Florin Mihai

    (Management Information Systems Department, Faculty of Accounting and Management Information Systems, Bucharest University of Economic Studies, 010552 Bucuresti, Romania)

  • Ofelia Ema Aleca

    (Management Information Systems Department, Faculty of Accounting and Management Information Systems, Bucharest University of Economic Studies, 010552 Bucuresti, Romania)

  • Emilia Gogu

    (Statistics and Econometrics Department, Faculty of Economic Cybernetics, Statistics and Informatics, Bucharest University of Economic Studies, 010552 Bucuresti, Romania)

  • Cosmin Dobrin

    (Management Department, Faculty of Management, Bucharest University of Economic Studies, 010552 Bucuresti, Romania)

  • Mirela Gheorghe

    (Management Information Systems Department, Faculty of Accounting and Management Information Systems, Bucharest University of Economic Studies, 010552 Bucuresti, Romania)

Abstract

The goal of this paper is to conduct an analysis of the scientific literature on the green economy in Romania and to capture the main challenges in making the transition towards it. Despite the barriers and incomplete legislation, Romania has sufficient resources and the potential to increase the percentage of the green economy, especially as the UE offers incentives for aligning to European standards. An analysis of the scientific literature was conducted via exploratory research in the Scopus database, based on key topics within the thematic range of the green economy. The study focused on the one hand the depth of the research regarding these topics in Romania during the 2007–2021 period and on the other hand, an analysis of the existence of possible links between these topics. The connections between the topics were analyzed through nine hypotheses. The results obtained reveal the researchers’ concerns for the way the principles of the green economy are applied in Romania and the existing correlations between these analyzed topics and how they are reflected in the economic reality. These results can represent a starting point as regards the diversification of policies and measures aimed at improving the implementation of the principles of the green economy in Romania.

Suggested Citation

  • Florin Mihai & Ofelia Ema Aleca & Emilia Gogu & Cosmin Dobrin & Mirela Gheorghe, 2021. "The Challenges of the Green Economy in Romania. Scientific Literature Review," Sustainability, MDPI, vol. 13(23), pages 1-22, November.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:23:p:13113-:d:688895
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    1. Vargas-Hernández José G. & Rakowska Joanna & Vargas-González Omar C., 2022. "Green Economic Development as the Framework for Green Finance and Green Investment," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 15(3), pages 304-322, September.

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