DOES THE ECONOMIC CRISIS AFFECT OLTENIA’S ENVIRONMENT?
DOES THE ECONOMIC CRISIS AFFECT OLTENIA’S ENVIRONMENT?

Summary/Abstract: The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into 2008. On the positive side, some scientists think that the crisis will move people to use less energy and help limit carbon emissions. The global slowdown means people will have less money to buy. This translates into fewer products and goods being manufactured which means fewer natural resources used. On the negative side, other scientists argue that with the financial crisis, there will be less economic activity around the globe within the next few years. This could mean people putting the economy ahead of the environment, although until very recently, the environment got center stage in world attention. This paper tries to find out if the economic crisis is good or bad for Oltenia’s environment.

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