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Eco-Bio-Management of Global Risks - A Necessity in a World of Vulnerabilities Where Eco-Bio-Economy Is Required to Accomplish Eco-Sano-Genesis

Author

Listed:
  • Elena GURGU

    () (Spiru Haret University)

  • Cosmina Silviana SAVU

    () (Spiru Haret University)

Abstract

The Vision of the Eco-Bio-Economy is to sustain development of the humankind welfare in all forms, through an economy of future dedicated to human life through the rational use of the environmental resources. This paper tries to convey the issues facing humanity that is at the beginning of a new global economic paradigm. Meet the minimum point of the financial crisis started in 2008, the final years of declining phase of the long-term global economic cycle. Feeling played through work is the lack of vision from governments, improvisation, passive reaction, type seeing and doing. However, in the economic sense the global economy is tired, with a sick system operated by trouble recovering. Perception, not far from the harsh reality is that national competition is focused to minimize losses caused by the financial crisis and use that type beggar thy neighbor policies similar to the exit from the crisis on the backs of others.

Suggested Citation

  • Elena GURGU & Cosmina Silviana SAVU, 2014. "Eco-Bio-Management of Global Risks - A Necessity in a World of Vulnerabilities Where Eco-Bio-Economy Is Required to Accomplish Eco-Sano-Genesis," International Conference on Economic Sciences and Business Administration, Spiru Haret University, vol. 1(1), pages 176-191, December.
  • Handle: RePEc:icb:wpaper:v:1:y:2014:i:1:176-191
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    File URL: http://icesba.eu/RePEc/icb/wpaper/ICESBA2014_22GURGU_p176-191.pdf
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    References listed on IDEAS

    as
    1. Angel de la Fuente & Rafael Doménech, 2006. "Human Capital in Growth Regressions: How Much Difference Does Data Quality Make?," Journal of the European Economic Association, MIT Press, vol. 4(1), pages 1-36, March.
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    More about this item

    Keywords

    eco-bio-economy; global economic and financial crisis; global risks; unemployment; inequality; globalization; conflicts; chronic underemployment;

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • F01 - International Economics - - General - - - Global Outlook
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • G01 - Financial Economics - - General - - - Financial Crises
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • J50 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - General

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