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The Sustainability Approach of Romanian Agriculture


  • Cristina Balaceanu

    () (Dimitrie Cantemir Christian University)

  • Diana Apostol

    () (Dimitrie Cantemir Christian University)


Transition in Romania has been perceived in an original way by the structures of society, social and political factors, but mainly by the economic one. Romanian society has been deprived of the existence of market economy for a long period of time; this made the transition period from statistic economy to a capitalist, market one to acquire some specific coordinates such as: high social costs, poor adaptability of the labour force to the requirements of market economy; low efficiency of economic sectors in relation to the economy of developed countries; lack of correlation between work productivity and salary requirements; unequal development of regions of the country, leading to greater social and economic disparities, reduced capacity to attract private investments; existence of the development gap between rural and urban environment; inadaptability of educational and health system to the current requests of economic and social development; irrational exploitation of natural resources, the high share of underground economy in GDP.

Suggested Citation

  • Cristina Balaceanu & Diana Apostol, 2012. "The Sustainability Approach of Romanian Agriculture," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 2(Special 1), pages 103-107, May.
  • Handle: RePEc:hur:ijaraf:v:2:y:2012:i:1special:p:103-107

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    References listed on IDEAS

    1. John Hartwick, 1977. "Intergenerational Equity and the Investment of Rents from Exhaustible Resources in a Two Sector Model," Working Papers 281, Queen's University, Department of Economics.
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    Cited by:

    1. Petronela-Sonia Nedea, 2012. "The Evolving Concept Of Sustainable Agriculture," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economics, Tibiscus University in Timisoara, vol. 0, pages 64-69, November.
    2. Cofas, Elena & Vlad, Mihaela Cristina & Berevoianu, Rozi Liliana, 2013. "Organic farming in the context of the bioeconomy," MPRA Paper 53499, University Library of Munich, Germany.
    3. repec:rsr:supplm:v:65:y:2017:i:6:p:63-74 is not listed on IDEAS
    4. MOGA Liliana Mihaela & ANTOHI Valentin Marian & NECULITÄ‚ Mihaela, 2012. "Usage of the European Funds for Agricultural and Countryside Development in Romanian Rural Areas," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 02, June.
    5. Liliana Mihaela MOGA & Valentin Marian ANTOHI, 2012. "The Economic Impact of European Union Accession on the Romanian Agriculture," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 65-70.

    More about this item


    Agriculture policy; environment; sustainability; investments;

    JEL classification:

    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
    • Q27 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Issues in International Trade


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