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Sustainable Development of South-West Oltenia Region in the Current Economic Crisis

Author(s): Camelia MARIN | Isabella SIMA | Mihaela RUXANDA

Journal: Theoretical and Applied Economics
ISSN 1841-8678

Volume: 1(566);
Issue: 1(566);
Start page: 67;
Date: 2012;
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Keywords: sustainable development | regional development | gross domestic product | economic development | economic crisis.

The present article advances the concept of sustainable development at the regional level. A brief review of the literature on sustainable development, be it from primary or secondary sources, reveals that there is a relatively small number of studies in this area at the national level. Therefore, we considered it appropriate to carry out an analysis regarding macroeconomic indicators in one of the development regions of our country, namely South-West Oltenia. Sustainable development involves a combination of economic, social, political and environmental policies to ensure effective management of the planet. Nevertheless, all these must be accomplished taking into consideration the implications of the current economic crisis.
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