Research Regarding the Financing of the Revitalization Process for Rural Space in the Context of Sustainable Challenges

Madalina Ioana Moncea, Mihaela Minciu, Razvan Catalin Dobrea and Loredana Gabriela Dinulescu
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Madalina Ioana Moncea: Bucharest University of Economic Studies, Bucharest, Romania
Mihaela Minciu: Bucharest University of Economic Studies, Bucharest, Romania
Razvan Catalin Dobrea: Bucharest University of Economic Studies, Bucharest, Romania
Loredana Gabriela Dinulescu: Bucharest University of Economic Studies, Bucharest, Romania

Economics and Applied Informatics, 2023, issue 3, 80-86

Abstract: In an era marked by profound environmental, economic and social transformations, rural spaces around the globe are at a critical juncture. The imperative to rejuvenate and revitalize these often overlooked regions has never been more pressing. As the world grapples with the complexities of sustainability, rural areas are emerging as significant focal points in the pursuit of balanced and environmentally conscious development. This article examines a key aspect of this transformation – the financing of revitalization efforts in rural areas. Beyond their picturesque landscapes and traditional agrarian economies, rural areas have the potential to become sustainable powerhouses, promoting both local well-being and global ecological stability. However, achieving this vision requires innovative approaches to financing that align with the principles of sustainability. Our research embarks on an exploratory journey into the complex web of financial mechanisms and strategies that underpin rural revitalization in today's sustainable landscape. It seeks to uncover the multi-faceted challenges and opportunities facing decision-makers, stakeholders and rural communities themselves as they strive to harness the potential of these spaces while ensuring the preservation of their unique identities.

Keywords: sustainable challenges; rural development; financing; process (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2023:i:3:p:80-86

DOI: 10.35219/eai15840409365

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