The Impact of Global Economic and Financial Crisis on Rural Development in the European Union

Virginia Campeanu

Revista de Economie Mondiala / The Journal of Global Economics, 2015, vol. 7, issue 3

Abstract: The objective of this paper is to answer two questions: how and how much the economic and financial global crisis affected the rural development in the Member States of the European Union. Comparative analysis of statistical data shows that the severity of the crisis has influenced in different ways the rural economies of the Member States, with impact on employment rate, economic development of agricultural and non-agricultural sectors, and structure of the economy. This paper measures the impact of the global crisis on employment in rural areas as well as the impact on the development of the rural economy in the EU Member States, including Romania.

Keywords: economy; labor; rural areas; crisis; rural development; financing; lending; EU; Romania (search for similar items in EconPapers)
JEL-codes: Q18 Q58 R14 R58 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:iem:journl:v:3:y:2015:id:2822000009559003

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