Natural Resources and Economic Growth  Cover Image

Natural Resources and Economic Growth
Natural Resources and Economic Growth

Author(s): Rumen Gechev
Subject(s): Economy
Published by: Стопанска академия »Д. А. Ценов«
Keywords: sustainable development; growth restrainers; GDP energy intensity; GDP resource intensity; investment policy; market defects.

Summary/Abstract: The study examines the interrelations and interdependencies between natural resources and economic growth. The emphasis is on the significance of qualitative pa­rameters of GDP dynamics incl. resource and energy intensity and the correlation be­tween used reproducible and irreproducible resources. An attempt is made to assess the real possibilities of the wide use of so-called alternative and energy sources based on profits: corporate expenses analysis. A thesis is supported that exhaustion of irreproduci­ble resources leads to changes in the national priorities and vital changes in the world economy. Sustainable development is turned into a condition for successful adaptation to the new conditions and for maintaining competitiveness both at a national and corporate level.

  • Issue Year: 1/2011
  • Issue No: 1-ENG
  • Page Range: 5-30
  • Page Count: 26
  • Language: English