DESIGNING A MANAGEMENT MODEL FOR ACHIEVING ECONOMIC-ENVIRONMENTAL BALANCE IN INVESTMENT PROJECTS

Szentesi Silviu Gabriel () and Frantescu Marius ()
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Szentesi Silviu Gabriel: Universitatea "Aurel Vlaicu" din Arad, ªtiinte economice
Frantescu Marius: Administraþia Naþionalã de Meteorologie

Annals of Faculty of Economics, 2010, vol. 1, issue 2, 1030-1034

Abstract: This paper describes a method for achieving the economic-environmental balance based on the assessment of environmental and/or pollutant factors in connection to community option on the evaluation of investment projects having a major impact on environment. This assessment is based on the concept of welfare, the distinction between satisfaction and dissatisfaction and implies a practical approach including the scientific aspects of environment pollution degree and the community position on developing an investment project, by assuming responsibility for negative and positive aspects of such a project, respectively for satisfaction and dissatisfaction, in order to fulfill the supreme goal of preserving the environment and ensuring human welfare.

Keywords: Pareto optimum; satisfaction/dissatisfaction; model; economic-environmental balance (search for similar items in EconPapers)
JEL-codes: A12 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ora:journl:v:1:y:2010:i:2:p:1030-1034

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