MANAGERIAL APPROACHES ASSOCIATED WITH THE NATURAL GAS CRISIS IN THE AGRICULTURAL SECTOR FROM ROMANIA AND TURKIYE

Lorena Alesandra Dan and Ion Popa

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2023, vol. 17, issue 1, 199-212

Abstract: After the economic impact caused by the Covid-19 pandemic, with relevant effects on both supply and demand of natural gas and their derived products, there has been a high interest at both managerial and academic levels, directed towards decoding the relationships between key stakeholders involved. The agricultural economy has chain implications at the level of every industry, and the price of natural gas radically influences various fields. In the context of the Covid-19 pandemic and the war between Russia and Ukraine, Romania and Turkiye have faced unprecedented situations in the energy and agricultural sectors, especially due to high prices and low sales value of cereals due to imports from Ukraine. The present study brings to the light of the research information from secondary sources, both quantitative and qualitative, simultaneously with an interview-type approach arried out on five managers in the area of distributors and producers of chemical fertilizers in Romania and Turkey and moreover completed with an analysis of the effectiveness of managerial implementation nationlwide. The innovative element comes primarily from the informational value of the data provided by them, intrinsic and far-reaching aspects at the managerial level in companies with hundreds of employees. The paper outlines the element of necessity attributed to the use of natural gas in the world's economic fields, reflecting the national-level managerial directions approached by the governing bodies of the two countries in order to manage the situation. An analysis of the financial implications of recent years in the field and the management policies used to adapt to the atypical market context is outlined. To contribute to a deeper understanding of price relationships, this paper analyzes the dynamics between the prices of energy, natural gas and reference chemical fertilizers on the market in Romania and Turkey, especially over the years 2019 – 2023. The research emphasizes the managerial approaches that have impacted the mentioned sector and highlights the reactions of the governing bodies at the level of the two states, reflected in strategic directions oriented towards the population to support the citizens. In order to analyze the effectiveness of the implementation, a Google Forms type form addressed to the farmers of the two states was created, with coded questions, precisely defined based on the national managerial policies that will have been presented previously.

Keywords: chemical fertilizers; management; natural gas electricity; natural gas; strategy. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:17:y:2023:i:1:p:199-212

DOI: 10.24818/IMC/2023/02.01

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