Strategic Process of Recovery and Development of the Romanian Economy

Elyana Popescu ()
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Elyana Popescu: Valahia University of Targoviste, Targoviste, Romania

Chapter 15 in 2nd International Conference Global Ethics - Key of Sustainability (GEKoS), 2021, vol. 15, pp 174-188 from Editura Lumen

Abstract: The sequence of rapid transformations from a material resource-based society to a society based on intelligence and creativity demonstrates the need to accept, integrate and implement knowledge-based management in any organization, regardless of its status. Major changes, both globally and nationally, oblige us to reflect carefully on the diversity of requirements and to identify the best strategies for the recovery of the Romanian economy. A critical assessment of the situation of Romanian organizations in all fields of activity, compared to changes at international level, will lead to the approach of new strategies and rapid measures for the recovery and development of the economy, with a view to maintaining the pace of competitiveness, with the major players in the international market. Change and economic evolution mean intelligence, information and creativity. The external environment is a competitive, and in need of survival. It depends on the social, legal, economic evolution, the technologies and services used, but also on the adaptation to evolutionary changes in order to resist the competitive market. We must be aware, however, that each country has its peculiarities, and I am referring here to the mentality, customs, but also to the relief, demographic state, national and human resources that Romania has. We're looking to keep up to date with the new research on the respective domain. The research of the literature, in order to identify the most effective and affordable strategies for the recovery of the Romanian economy, are extremely beneficial, but we must have the capacity to adapt them to the existing reality both nationally and globally.

Keywords: economy; strategies; recovery; development; human resources (search for similar items in EconPapers)
JEL-codes: A1 M1 M2 M5 O1 O4 O5 (search for similar items in EconPapers)
Date: 2021
ISBN: 978-1-910129-30-2
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Persistent link: https://EconPapers.repec.org/RePEc:lum:prchap:15-15

DOI: 10.18662/lumproc/gekos2021/15

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