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Designing A Management Model For Achieving Economic-Environmental Balance In Investment Projects

Author

Listed:
  • Szentesi Silviu Gabriel

    (Universitatea "Aurel Vlaicu" din Arad, ªtiinte economice)

  • Frantescu Marius

    (Administraþia Naþionalã de Meteorologie)

Abstract

This paper describes a method for achieving the economic-environmental balance based on the assessment of environmental and/or pollutant factors in connection to community option on the evaluation of investment projects having a major impact on environment. This assessment is based on the concept of welfare, the distinction between satisfaction and dissatisfaction and implies a practical approach including the scientific aspects of environment pollution degree and the community position on developing an investment project, by assuming responsibility for negative and positive aspects of such a project, respectively for satisfaction and dissatisfaction, in order to fulfill the supreme goal of preserving the environment and ensuring human welfare.

Suggested Citation

  • Szentesi Silviu Gabriel & Frantescu Marius, 2010. "Designing A Management Model For Achieving Economic-Environmental Balance In Investment Projects," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 1030-1034, December.
    • Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:1030-1034
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    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n2/164.pdf
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    More about this item

    Keywords

    Pareto optimum; satisfaction/dissatisfaction; model; economic-environmental balance;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines

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