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Learning from a Flower Market in Romania: Community, social fabric and the promise of economic prosperity

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  • Alexandru Balasescu

Abstract

Alexandru Balasescu proposes ways to counter the current economic crisis in a small community in Bucharest, Romania. Drawing on the experience of various actors in ‘La Bomba’ he suggests that a collaboration of NGOs, Big Businesses, Government and Universities may transform the social fabric into a more economically prosperous one. He exposes the multiple layers of development and economic crisis as he argues that the key to change is to build trust between different types of institutions and encourage entrepreneurial spirit in all of them.

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  • Alexandru Balasescu, 2010. "Learning from a Flower Market in Romania: Community, social fabric and the promise of economic prosperity," Development, Palgrave Macmillan;Society for International Deveopment, vol. 53(3), pages 410-415, September.
    • Handle: RePEc:pal:develp:v:53:y:2010:i:3:p:410-415
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    Cited by:

    1. Bacq, Sophie & Hertel, Christina & Lumpkin, G.T., 2022. "Communities at the nexus of entrepreneurship and societal impact: A cross-disciplinary literature review," Journal of Business Venturing, Elsevier, vol. 37(5).

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