Development of the Green Economy in Romania

Abstract

The socio-economic context and globally discouraging trends observed in recent years regarding resource conservation and regeneration, control of climate change, technical, technological and informational inequality, progress gaps among nations and locally among citizens of the same country, have led to the need for developing policies, reforms and programs to support sustainable development. In this chapter the authors analyze some important issues regarding the Romanian experience in developing the green economy. They start with the background analysis of the concept, emphasizing several European Union documents regarding green economy and sustainable development. Then, the authors analyze the social and economic profile of Romania, in relation with some suggestive indicators of welfare, sustainability, equity and economic opportunities etc. Special attention is given to the environmental Performance Index (EPI) and Human Development Index (HDI). In the last part of the research, the authors present a short SWOT analysis for the green economy in Romania and several future research directions.

Toward low‐carbon sustainable development: Exploring the impact of digital economy development and industrial restructuring

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