Do European Funds Contribute to the Sustainable Development of Romania?
The social, economic well-being and the sustainability of the planet are European strategic goals that characterize a good standard of living, but often, a successful economy depletes natural resources far beyond limits. The European Union is achieving its objectives by providing European non-reimb...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Ovidius University Press
2022-09-01
|
Series: | Ovidius University Annals: Economic Sciences Series |
Subjects: | |
Online Access: | https://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%201%20and%202/2.pdf |
_version_ | 1817984647930314752 |
---|---|
author | Gabriela-Diana Baraghin Ioana Beleiu |
author_facet | Gabriela-Diana Baraghin Ioana Beleiu |
author_sort | Gabriela-Diana Baraghin |
collection | DOAJ |
description | The social, economic well-being and the sustainability of the planet are European strategic goals that characterize a good standard of living, but often, a successful economy depletes natural resources far beyond limits. The European Union is achieving its objectives by providing European
non-reimbursable funds to the member states, thus enabling the development of those states to reduce regional inequalities. The economic growth is an important factor in the economic development of a country, several factors being able to favour this growth, and which can be measured through the gross product per capita. This study focuses on the sustainable development of Romania by measuring two relevant indicators, gross product per capita and the Happy Planet Index in relation to the value of the funds absorbed per capita. This study also identifies the trend line of the correlation between the aforementioned indices and established the intensity through the Pearson correlation coefficient. |
first_indexed | 2024-04-13T23:48:26Z |
format | Article |
id | doaj.art-bb2c997f212045d2a70a5a6046c9ebdb |
institution | Directory Open Access Journal |
issn | 2393-3127 |
language | English |
last_indexed | 2024-04-13T23:48:26Z |
publishDate | 2022-09-01 |
publisher | Ovidius University Press |
record_format | Article |
series | Ovidius University Annals: Economic Sciences Series |
spelling | doaj.art-bb2c997f212045d2a70a5a6046c9ebdb2022-12-22T02:24:14ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272022-09-01XXII11221Do European Funds Contribute to the Sustainable Development of Romania? Gabriela-Diana Baraghin0Ioana Beleiu1Faculty of Economics and Business Administration, Babes-Bolyai University, Cluj-Napoca, RomaniaFaculty of Economics and Business Administration, Babes-Bolyai University, Cluj-Napoca, RomaniaThe social, economic well-being and the sustainability of the planet are European strategic goals that characterize a good standard of living, but often, a successful economy depletes natural resources far beyond limits. The European Union is achieving its objectives by providing European non-reimbursable funds to the member states, thus enabling the development of those states to reduce regional inequalities. The economic growth is an important factor in the economic development of a country, several factors being able to favour this growth, and which can be measured through the gross product per capita. This study focuses on the sustainable development of Romania by measuring two relevant indicators, gross product per capita and the Happy Planet Index in relation to the value of the funds absorbed per capita. This study also identifies the trend line of the correlation between the aforementioned indices and established the intensity through the Pearson correlation coefficient. https://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%201%20and%202/2.pdfeuropean fundscorrelation reportgross domestic product per capitahappy planet indexsustainable development |
spellingShingle | Gabriela-Diana Baraghin Ioana Beleiu Do European Funds Contribute to the Sustainable Development of Romania? Ovidius University Annals: Economic Sciences Series european funds correlation report gross domestic product per capita happy planet index sustainable development |
title | Do European Funds Contribute to the Sustainable Development of Romania? |
title_full | Do European Funds Contribute to the Sustainable Development of Romania? |
title_fullStr | Do European Funds Contribute to the Sustainable Development of Romania? |
title_full_unstemmed | Do European Funds Contribute to the Sustainable Development of Romania? |
title_short | Do European Funds Contribute to the Sustainable Development of Romania? |
title_sort | do european funds contribute to the sustainable development of romania |
topic | european funds correlation report gross domestic product per capita happy planet index sustainable development |
url | https://stec.univ-ovidius.ro/html/anale/RO/2022-2/Section%201%20and%202/2.pdf |
work_keys_str_mv | AT gabrieladianabaraghin doeuropeanfundscontributetothesustainabledevelopmentofromania AT ioanabeleiu doeuropeanfundscontributetothesustainabledevelopmentofromania |