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An Attempt To Quantify The Economic And Financial Losses In Ecosystems

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  • LUPŞAN, Valentin

    (National Institute for Forestry Research and Development „Marin Drăcea”, Bucharest)

Abstract

Currently, the disturbances (mainly negatives), occurring in socio-economic systems, have fewer short-term solutions, and the medium-term and long term disregard greater sustainable development at the levels micro, meso and macro. Economic and financial losses registered in such eco-systems, affected by disturbances in the stability and integrity of them, are leading, in most cases, to major climate changes, especially at regional level and local zones, with unexpected and diverse implications, sometimes irreversible over the enviromental environment. Quantifiable value such losses, both quantitative and qualitative, in a specific case (losses in Norway spruce, Picea abies, forests affected by biotic and abiotic factors of Bârgău Mountains) may provide new ways of approach. This is the view in which we are interested in: the economic and financial losses may be quanitifiable in the effects of the disturbances cause, in a manner of the "rolling snowball", with larger damages (losses) in the adjacent zones, or in the downstream from Bârgau Mountains (situation that can be generalized).

Suggested Citation

  • LUPŞAN, Valentin, 2015. "An Attempt To Quantify The Economic And Financial Losses In Ecosystems," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 2(1), pages 199-217.
  • Handle: RePEc:vls:rojfme:v:2:y:2015:i:1:p:199-217
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    More about this item

    Keywords

    economic losses; eco-systems; disturbance; climate changes; rolling snowball; cause; effects;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment

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