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The economic valorization of local resources – solution of diminish the effects of global crises (case study – Bacau County)

  • STOICA Maricica

    ()

    (The Bucharest Academy of Economic Studies, Romania)

The current crisis requires us to become aware that the only economic-social development way is the sustainable one, meaning the one that takes into account the limits of the natural environment. A healthy economy cannot develop in a polluted and degraded environment, with a population which is poor, ill and stressed by natural and pollution risks. The crisis should be counteracted by rational sustainable investments, which should offer long term economic stability. The implementation of the investments proposed will be able to be made by using the local labour force, including the socially assisted people and attracting European money-Structural Funds-Operational Programmes. In the long run, such development focused on the capacity to produce and support the natural capital, will lead to the decrease in the damages to the environment, and in the local or central budgetary expenditure and to a stable autochthonous economy.

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Article provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal Economia. Seria Management.

Volume (Year): 12 (2009)
Issue (Month): 2 Special (July)
Pages: 139-143

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Handle: RePEc:rom:econmn:v:12:y:2009:i:2special:p:139-143
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