ISSN 2284-7995, ISSN Online 2285-3952
 

CONTRIBUTION OF THE ROMANIAN AGRICULTURE TO THE ECONOMIC RESILIENCE – EVIDENCE DURING THE RECENT CRISIS

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 16 ISSUE 1
Written by Monica Mihaela TUDOR

In a country in which about one third of employed population working in agriculture, this paper aim was to evaluate the place and role of the primary sector in Romania’s economy resistance in the face of major economic crisis. The economic resilience was investigated in territorial perspective, at NUTS 3 level – the 42 counties of Romania. During the last financial crisis, agriculture was operating as a system with high economic stability and has helped the speed up of recovery process of economic losses generated by crisis. Romania’s agriculture is a system with relatively high resilience to shocks and at the same time a supplier of economic and social resilience for the entire economy.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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