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Economic Growth under the Impact of the Depletion of Non-Renewable Resources

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  • Constantin Alexandra Mihaela

    () (“Alexandru Ioan Cuza” University of Iasi, Faculty of Economics and Business Administration)

Abstract

In recent years, the events which have unfolded on a local or global level have affected us with an ever-growing frequency. A new vision on economic growth is needed, which raises the problem of ending the “career” of the model used so far to produce obsessively, wasting the limited resources, putting a strain not only on the link between needs and resources, but also on life itself, both for today’s generation and for the future ones. In this context, this paper wishes to highlight the effects of the growth that brings poverty, as well as those of the relationship between growth and non-renewable resources.

Suggested Citation

  • Constantin Alexandra Mihaela, 2011. "Economic Growth under the Impact of the Depletion of Non-Renewable Resources," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 248-251, May.
  • Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:248-251
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    More about this item

    Keywords

    economic growth/decline; depletion of non-renewable resources.;

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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