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Economic Dynamics and Sustainable Development – Resources, Factors, Structures and Policies

Proceedings ESPERA 2015 – Part 1 and Part 2

Edited By Luminita Chivu, Constantin Ciutacu, Valeriu Ioan-Franc and Jean-Vasile Andrei

The book is dedicated to the 150th anniversary of the Romanian Academy. It contains the most valuable 100 papers presented at the International Conference «Economic Scientific Research – Theoretical, Empirical and Practical Approaches» (ESPERA 2015). The event is initiated annually by the National Institute for Economic Research «Costin C. Kirițescu» of the Romanian Academy. ESPERA aim to present and evaluate the economic scientific research portfolio as well as to argue and substantiate development strategies, including European and global best practices. ESPERA intend to become a scientific support for the conceptualization and the establishment of policies and strategies and to provide a systematic, permanent, wide and challenging dialogue within the European area of economic and social research.

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The Individual Agricultural Holding - An Entity With Great Potential for Growth in Romanian Agriculture (Valentin-Mihai Bohatereţ / Ioan-Sebastian Brumă / Lucian Tanasă)


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Valentin-Mihai Bohatereţ1, Ioan-Sebastian Brumă2 & Lucian Tanasă3

The Individual Agricultural Holding - An Entity With Great Potential for Growth in Romanian Agriculture

Abstract: The development of Romanian agriculture mainly depending on the agricultural holdings with legal entity equates a utopia. Agriculture constitutes itself as an economic branch based on the employment of the entire specific resources. Under the circumstances, the business environment is not the sole holder of these resources, as the individual households with activities oriented towards the social dimension (habitational area, self-sustaining, tradition and local culture) have their own share, though without minimizing the economic dimension which is fundamental for the rural business environment.

The low development level of Romanian agriculture with diminished efficiency is characteristic for both types of agricultural holdings; the single difference resides in the fact that the business environment is dynamic and self-adjusting when necessary, while the individual holdings are traditional and static, and yet, with an unawakened developmental potential that is barely explored.

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