The European Model of Development Faced with the Quaternary Sector Emergence Test
The European Union must identify and internalize the most acute challenges, prepare appropriate solutions to them, capitalize on its strengths, and avoid threats. The strategic philosophy can no longer be just rhetorical but must be found at the level of all European sectoral policies, national m...
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Format: | Article |
Language: | English |
Published: |
Academy of Economic Studies of Bucharest
2019-11-01
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Series: | Amfiteatru Economic |
Subjects: | |
Online Access: | https://www.amfiteatrueconomic.ro/temp/Article_2856.pdf |
Summary: | The European Union must identify and internalize the most acute challenges, prepare
appropriate solutions to them, capitalize on its strengths, and avoid threats. The strategic
philosophy can no longer be just rhetorical but must be found at the level of all European
sectoral policies, national macroeconomic policies but also of the programs and projects
launched by the actors operating in the business environment. The research is
phenomenological in nature, with an emphasis on qualitative issues related to the most
relevant paradigm changes at the level of European sectoral policies, national
macroeconomic policies, as well as programs and projects launched by actors operating in
the business environment. The topic that plays an important role in this research is the one
related to the most appropriate structure of a modern economy, the emphasis being placed
on the correlations and the causalities between them. The hypotheses from which it was
started, the epistemological perspectives taken as the basis, the analytical drivers used, the
research methodologies that were called upon but also the variables used took into account
the change of the techno-industrial paradigm, the factors that influence the efficiency and
sustainability of the new economic development models, the threats but also the
opportunities that must be identified and encountered by those who decide at the macro,
mezzo and microeconomic levels. The most important transformations that take place at the
level of the macroeconomic and business development models were analyzed, updating
them and offering some recommendations on how some systemic vulnerabilities can be
treated. The paper ends by surprising the way in which Romania is positioned at the level
of the switching process from an economy in which the primary and secondary sectors are
prevalent to one in which the weight of the tertiary and quaternary sectors increases. |
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ISSN: | 1582-9146 2247-9104 |