The Economical and Ecological Importance of the Environmental Impact Assessment

Ungureanu Mihaela ()
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Ungureanu Mihaela: “Alexandru Ioan Cuza” University of Iasi, Faculty of Economics and Business Administration

Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 1559-1563

Abstract: Balancing human needs of the immediate future with those of the distant future has led to the concept of sustainability, understood by the fact that economic activities should not be extended over the ability of total capital – including natural one –, keeping a stock of capital being a safe measure to ensure increasing sustainable benefits. The world of business has learned that a primary purpose of obtaining short-term financial benefits, despite the sustainable benefits to maintain economic balance by even the ecological balance. Sustainability of resources ensures business continuity and hence the possibility of long-term gains. Even if their value varies in the short term, it is important to obtain their safety also in the future.

Keywords: environment; performance; EMS; EIA. (search for similar items in EconPapers)
JEL-codes: M42 Q51 Q56 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:1559-1563

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