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SUSTAINABLE PRODUCTION AND CONSUMPTION IN ROMANIA.

Authors :
COSTAICHE, Georgiana Melania
NICULAE, Ioana
Source :
Scientific Papers Series Management, Economic Engineering in Agriculture & Rural Development. 2017, Vol. 17 Issue 2, p57-60. 4p.
Publication Year :
2017

Abstract

The purpose of this study is to assess the situation of sustainable production and consumption in Romania in the period 2007-2015 based on the indicator resource productivity. Production and consumption of goods and services, generate better quality of life through the increased economic development, but creates pressure on the environment in the form of natural resource consumption and those residues that cannot be used, called waste. The study was made based on the statistical data available online, at Eurostat.eu. Data refer to a period of 8 years, from 2007 to 2015. At European level sustainable production and consumption are assessed using the indicator, resource productivity, calculated as ratio between gross domestic product and consumption of raw materials. Resource productivity is an indicator of macroeconomic efficiency, relevant to sustainable development and saving it material resources, its growth trajectory pointing a progress on sustainable development and a decrease rather a setback. The value of resource productivity in Romania in analyzed period has been an oscillatory evolution and it should be kept consideration that this indicator is dependent on the economy. For a sustainable production and consumption it is necessary to have a continuous increase of resource productivity, to avoid stagnation and syncope at the macroeconomic level. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
22847995
Volume :
17
Issue :
2
Database :
Academic Search Index
Journal :
Scientific Papers Series Management, Economic Engineering in Agriculture & Rural Development
Publication Type :
Academic Journal
Accession number :
124329827