OPPORTUNITIES FOR ECONOMIC DEVELOPMENT RELATIVE TO THE SPECIFIC OF SOUTH WEST OLTENIA REGION OF DEVELOPMENT

Ciobanu Dumitru and Vasilescu Maria
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Ciobanu Dumitru: University of Craiova
Vasilescu Maria: Constantin Brancusi University of Targu Jiu

Annals - Economy Series, 2013, vol. 3, 45-48

Abstract: For a healthy economic development is needed to use in a most efficient way the existing natural resources. In this sense, we present some opportunities for economic development of the South-West Oltenia region suggested by the particularities of this area. We put emphasis on agriculture and tourism because here we identified the greatest potential for development. Opportunities in agriculture are justified by the existence of large agricultural areas that are not cultivated and those that are made in an inefficient way. In these cases, an increase in productivity can be achieved by the creation of holdings of large and very large dimensions. Also, the creation of technological chains to transform agricultural products into finished products can rise the number of employees and increase profits. In terms of a usability for about 30% of accommodation in the South West Oltenia development region and a wide range of tourist attractions in the area, the potential for growth in tourism is considerable.

Keywords: economic development; tourism; agriculture (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2013:v:3:p:45-48

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