Current issue

No. 3 / 2026 — Autumn

Peer-reviewed articles in economics, finance, public policy, and sustainable development.

0 Articles
Open access

Theoretical and Applied Economics
No. 7 / 2011 (560)

The Rethinking of the Economic Activity Based on Principles of Eco-Efficiency

Daniela VÎRJAN
Bucharest Academy of Economic Studies

Abstract. Drought, floods, damaging storms, heat waves, acid rain, climate changes are but a few of the consequences of human action upon the environment. Can we possibly live against the environment? The answer is NO, and as such we must run an economy which respects the principles of eco-efficiency because only so can economic progress go on. Green economy is a great opportunity for all of the world’s countries, and is a real economy which keeps the resource-needs and environment relation in balance, aims towards quality and not quantity, lays emphasis on regeneration, recycling, reuse and creativity. Eco-efficiency implies both innovation towards a high degree of product dematerialization, services and systems, alongside with greatly changing current production and consumption practices. If we produce based on the principle of eco-efficiency we can reduce the effects of the profound economic, ecological, socio-political and cultural-spiritual crisis which marks our planet and countries.

Keywords: eco-efficiency; green economy; innovation; competetiveness; sustainable development; sustainable economic growth.

Contents

The Decline of Modernity
Marin Dinu
1

Characteristics of Criteria for Selecting Investment Projects under Uncertainty

Dan ARMEANU · Adrian ENCIU · Dorina POANTA

2

Online Services Management Support for an Intelligent Locality

Lorena BĂTĂGAN · Adrian POCOVNICU

3

The Meanings of “Made in Romania” among the Romanian Consumers

Cătălin Mihail BARBU

4

Forms and Strategies of the Banks to Enter on a Foreign Market

Nicoleta HURDUC · Alin NIŢU

5

Effects of Macroeconomic Variables on the Stock Market: The Case of the Czech Republic

Yu HSING

6

The European Recovery Economic Plan and Quality of Public Finances – Instruments for Monitoring and Improving Fiscal and Economic Systems

Mircea SOROCEANU · Carolina Daniela LUPAŞCU (SOROCEANU)

7

An Optimization of the Risk Management using Derivatives

Ovidiu ŞONTEA · Ion STANCU

8

Towards to the Respiritualization of the Economics

Constantin POPESCU · Mihaela COMĂNESCU

9

Financial Crisis from the Trust and Loss Aversion Perspective in Emerging Romanian Capital Market

Antoniade-Ciprian ALEXANDRU · Nicoleta CARAGEA

10

The Contribution of the Neo-Schumpeterian Approach to the Development of the Economic Theory: Emphasis on the Meso-Economic Level

Radu HERMAN · Remus AVRAM

11

Dobrogea as Romanian Tourism Micro-destination

Aurelia-Felicia STĂNCIOIU · Nicolae TEODORESCU · Anca-Daniela VLĂDOI · Ion PÂRGARU · Daniel MOISE

12

The Rethinking of the Economic Activity Based on Principles of Eco-Efficiency

Daniela VÎRJAN

13

The Correlation between the Conceptual System of the Political Economy and that of the Accountancy – a Solution for Reducing the Risks Connected to the Administration Activities in any Stage of the Economic

Aurelian Virgil BĂLUŢĂ