The impact of the energy crisis on everyday life

Alexandru Toma, Radu Alexandru Budu and Mihaela Malvina PREDA (roșu)
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Alexandru Toma: Bucharest University of Economic Studies, Romania
Radu Alexandru Budu: Bucharest University of Economic Studies, Romania
Mihaela Malvina PREDA (roșu): Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2023, vol. XXX, issue Special, Summer, 194-198

Abstract: Energy is becoming an increasingly important resource and convenience as the world continues to become more industrialized. Due to an imbalance between supply and demand, there is currently an energy crisis. This article will examine the effects of the energy crisis on the world economy, including rising costs, resource scarcity, and the possibility of market collapse. The various solutions to this dilemma will also be covered, including the creation of alternative energy sources and measures to improve efficiency.

Keywords: energy; crisis; EU; analysis macroeconomic. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxx:y:2023:i:special:p:194-198

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