Increasing the Performance of Agricultural Holdings in Romania - an Imperative for their Management

David-Nicolae Crecană and Cornel-Dumitru Crecană
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David-Nicolae Crecană: The Bucharest University of Economic Studies
Cornel-Dumitru Crecană: The Bucharest University of Economic Studies

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2019, vol. 20, issue 2, 112-121

Abstract: As a member state of the European Union, Romania consolidates from year to year its position in the agricultural business performance area, especially due to the increase in the share of agricultural land for organic farming. Romania's long-term development strategy necessarily involves increasing the economic performance of Romanian agriculture alongside the increase in the living standards of the rural population. This research starts from a current radiography of Romanian agriculture and aims at new ways to increase the performances of the Romanian agricultural farms in the conditions of general economic development. An adequate management of the Romanian agricultural farms is imperative, along with the effective support of the European Union offered to the Romanian agriculture. The increase in the incomes obtained from Romania's agriculture can be achieved by a new approach to the size and economic size of agricultural farms, but also by transforming them into organic farms. Sustainable development of agricultural businesses is thus a priority.

Keywords: land use; holding dimension; economic size; organic farming; sustainable development; financial sustainability. (search for similar items in EconPapers)
JEL-codes: M21 O11 O13 Q01 Q15 Q51 Q53 Q57 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:20:y:2019:i:2:p:112-121

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