2012Unpublished venueRequires access

The agricultural system in Belint, Timis County

A. Ökrös, Lucian Niţă, C. Mihuţ, Ileana Trasca

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Abstract

The significant potential or Romanian agriculture, as well as the rise in prices for agricultural products worldwide could maintain the high interest displayed by foreign investors in this sector. This is one of the conclusions drawn by economic analysts regarding the field of agriculture. They claim that Romania presents the highest level of use of unemployed familial workers in agriculture among all EU countries. Another point they make is that the low investment rates have increased the vulnerability of Romanian agriculture to meteorological conditions and induced a volatile behaviour into this sector. The highly fragmented structure of the agricultural area represents an obstacle for attracting new investments, and at the same time it affects work productivity. The rural area is characterized by the existence of a considerable number of people who are economically and socially vulnerable, and who face difficulties in complying with the new set of complex EU requirements in the field of agriculture. The everrising prices represent an opportunity for the countries which benefit from strong agricultural sectors. România enjoys a privileged position from the point of view of the agricultural resources. The arable land represents 39.5% of the total surface: there are only five other countries in the world with a more comfortable position from this point of view. The domestic agricultural sector is frequently seen as the main beneficiary of the fact that Romania has become a part of the European Union. The opportunities arise from the important European funds that can be accessed in the frame of the Common Agricultural Policy - around 7.5 billion euro in the period between 2007 and 2013.

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What this paper is about

The significant potential or Romanian agriculture, as well as the rise in prices for agricultural products worldwide could maintain the high interest displayed by foreign investors in this sector. This is one of the conclusions drawn by economic analysts regarding the field of agriculture. They claim that Romania presents the highest level of use of unemployed familial workers in agriculture among all EU countries. Another point they make is that the low investment rates have increased the vulnerability of Romanian agriculture to meteorological conditions and induced a volatile behaviour into this sector. The highly fragmented structure of the agricultural area represents an obstacle for attracting new investments, and at the same time it affects work productivity. The rural area is characterized by the existence of a considerable number of people who are economically and socially vulnerable, and who face difficulties in complying with the new set of complex EU requirements in the field of agriculture. The everrising prices represent an opportunity for the countries which benefit from strong agricultural sectors. România enjoys a privileged position from the point of view of the agricultural resources. The arable land represents 39.5% of the total surface: there are only five other countries in the world with a more comfortable position from this point of view. The domestic agricultural sector is frequently seen as the main beneficiary of the fact that Romania has become a part of the European Union. The opportunities arise from the important European funds that can be accessed in the frame of the Common Agricultural Policy - around 7.5 billion euro in the period between 2007 and 2013.

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Available abstract

The significant potential or Romanian agriculture, as well as the rise in prices for agricultural products worldwide could maintain the high interest displayed by foreign investors in this sector. This is one of the conclusions drawn by economic analysts regarding the field of agriculture. They claim that Romania presents the highest level of use of unemployed familial workers in agriculture among all EU countries. Another point they make is that the low investment rates have increased the vulnerability of Romanian agriculture to meteorological conditions and induced a volatile behaviour into this sector. The highly fragmented structure of the agricultural area represents an obstacle for attracting new investments, and at the same time it affects work productivity. The rural area is characterized by the existence of a considerable number of people who are economically and socially vulnerable, and who face difficulties in complying with the new set of complex EU requirements in the field of agriculture. The everrising prices represent an opportunity for the countries which benefit from strong agricultural sectors. România enjoys a privileged position from the point of view of the agricultural resources. The arable land represents 39.5% of the total surface: there are only five other countries in the world with a more comfortable position from this point of view. The domestic agricultural sector is frequently seen as the main beneficiary of the fact that Romania has become a part of the European Union. The opportunities arise from the important European funds that can be accessed in the frame of the Common Agricultural Policy - around 7.5 billion euro in the period between 2007 and 2013.

Key concepts: Agriculture, Arable land, European union, Business, Beneficiary, Position (finance), Common Agricultural Policy, Agricultural land

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