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Romania's sustainable development prospects in the post-pandemic period

Author

Listed:
  • Alexandra-Maria CONSTANTIN

    (PhD,The University of Economic Studies,Bucharest,Romania)

  • Orlando-Marian VOICA

    (PhD Candidate,The University of Economic Studies,Bucharest,Romania)

Abstract

Being in a permanent economic quest, it is essential for Romania to identify the relevant elements of the international context and, based on them, to develop an inclusive economic model, viable from a digital point of view, capable of offering decent economic perspectives to its citizens by creating new jobs and increasing the level of well-being, while protecting the environment. The first part of the research provides an X-ray of the Romanian economy from a macroeconomic point of view. Next, beside the quantitative study, an artificial neural network was built to evaluate the behavioral implications of the variables related to sustainability, namely the degree of digital inclusion, the ecoinnovation index and the degree of use of resources in the evolution of the economic-financial establishment at the level Romania, for the period 2014-2022. Our study attempts for a new approach,joining the analyzes related to Romania's sustainable development prospects in the post-pandemic period. New perspectives regarding this aspect can be revealed through the quantitative approach of the sub-components of the indicators in relation to the dynamic capacities of Romanian organizations.

Suggested Citation

  • Alexandra-Maria CONSTANTIN & Orlando-Marian VOICA, 2024. "Romania's sustainable development prospects in the post-pandemic period," Romanian Journal of Economics, Institute of National Economy, vol. 58(1(67)), pages 75-83, June.
  • Handle: RePEc:ine:journl:v:58:y:2024:i:67:p:75-83
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    More about this item

    Keywords

    sustainability; degree of digitization; eco-innovation; digital inclusion index; degree of use of resources; economic-financial stability; artificial neural network;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other

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