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Does The Economic Crisis Affect Oltenia’S Environment?

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  • Cristina BARBU

Abstract

The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. On the positive side, some scientists think that the crisis will move people to use less energy and help limit carbon emissions. The global slowdown means people will have less money to buy. This translates into fewer products and goods being manufactured which means fewer natural resources used. On the negative side, other scientists argue that with the financial crisis, there will be less economic activity around the globe within the next few years. This could mean people putting the economy ahead of the environment, although until very recently, the environment got center stage in world attention. This paper tries to find out if the economic crisis is good or bad for Oltenia’s environment.

Suggested Citation

  • Cristina BARBU, 2010. "Does The Economic Crisis Affect Oltenia’S Environment?," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 5(1(11)_Spr), pages 23-29.
  • Handle: RePEc:ush:jaessh:v:5:y:2010:i:5(1)_spring2010:p:89
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    Cited by:

    1. Ravinder RENA, 2010. "The Global Economic Downturn And African Economy €“ Recent Trends And Future Prospects," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 5(4(14)/ Wi), pages 383-394.
    2. George HALKOS, 2012. "Environmental Pollution And Economic Development:Explaining The Existence Of An Environmental Kuznets Curve," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 6(6(18)/ Su), pages 148-159.

    More about this item

    Keywords

    economic crisis; environment; social life;

    JEL classification:

    • N5 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products

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