Romania's sustainable development prospects in the post-pandemic period

Alexandra-Maria Constantin and Orlando-Marian Voica
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Alexandra-Maria Constantin: PhD,The University of Economic Studies,Bucharest,Romania
Orlando-Marian Voica: PhD Candidate,The University of Economic Studies,Bucharest,Romania

Romanian Journal of Economics, 2024, vol. 58, issue 1(67), 75-83

Abstract: Being in a permanent economic quest, it is essential for Romania to identify the relevant elements of the international context and, based on them, to develop an inclusive economic model, viable from a digital point of view, capable of offering decent economic perspectives to its citizens by creating new jobs and increasing the level of well-being, while protecting the environment. The first part of the research provides an X-ray of the Romanian economy from a macroeconomic point of view. Next, beside the quantitative study, an artificial neural network was built to evaluate the behavioral implications of the variables related to sustainability, namely the degree of digital inclusion, the ecoinnovation index and the degree of use of resources in the evolution of the economic-financial establishment at the level Romania, for the period 2014-2022. Our study attempts for a new approach,joining the analyzes related to Romania's sustainable development prospects in the post-pandemic period. New perspectives regarding this aspect can be revealed through the quantitative approach of the sub-components of the indicators in relation to the dynamic capacities of Romanian organizations.

Keywords: sustainability; degree of digitization; eco-innovation; digital inclusion index; degree of use of resources; economic-financial stability; artificial neural network (search for similar items in EconPapers)
JEL-codes: C49 E00 Q56 (search for similar items in EconPapers)
Date: 2024
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