GLOBAL CRISIS AND THE NEED FOR GREEN ECONOMY. CASE STUDY ROMANIA

Georgian Ardeleanu, Daniela Popa and Cristina Popa
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Georgian Ardeleanu: Academy of Economic Studies, Bucharest
Daniela Popa: Dimitrie Cantemir University, Bucharest
Cristina Popa: Academy of Economic Studies, Bucharest

Revista Economica, 2012, vol. Supplement, issue 1, 68-74

Abstract: The impact of the international economic crisis raises the necessity of redesigning the current pattern of development towards new approaches. In this context the green economy is a priority in implementing a new approach aimed to reconfigure the economic process throughout the product life cycle assessment. In the last period as the effects of environmental global issue, the new sectors of the green economy accelerated their growth worldwide, transition to a green Economy is characterized by substantially increased investments in economic sectors that build on and enhance the earth`s natural capital or reduce ecological scarcities and environmental risks. The paper analyses the implication of green economy on economic growth, additional is presented the specific sector and investments for promotion of green economy.

Keywords: green economy; policies; sustainable development; investments (search for similar items in EconPapers)
JEL-codes: O13 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:blg:reveco:v:supplement:y:2012:i:1:p:68-74

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