SUSTAINABLE DEVELOPMENT - POSSIBLE SOLUTION TO OVERCOME THE CRISIS

Madalina Tocan

No 6, Post-Crisis Trends - Working papers from Ecological University of Bucharest, Department of Economics

Abstract: Economic and financial crisis was generated by the current market model, a model which has to be rethought from the ground. The solution could come from a new and sustainable system, oriented on the long-term progress of human society. Appropriate and necessary sustainable development measures are already implemented in more companies throughout the world. Sustainable development can be a 2 in 1 solution for both environmental and business problems in Romania. The main impediment to the application of measures for sustainable development in Romania is the lack of thorough knowledge of the concept. The fact that the principles of sustainable development are not sufficiently known in Romania by those landing at decision level is regrettable. In fact, sustainable development must be a reference to the crisis.

Keywords: sustainable development; financial crisis; green business (search for similar items in EconPapers)
JEL-codes: G01 Q01 Q56 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2014-01
New Economics Papers: this item is included in nep-env
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Published in Economics of Sustainable Development - Post-Crisis Trends, ISBN: 978-606-652-060-7, March 2014, pages 51-57

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Persistent link: https://EconPapers.repec.org/RePEc:eub:wp2014:2014-06

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