The aim of this study is to present the “stock and flow” model - based on the Georgescu-Roegen bio economic paradigm and on the ecological economics principles - in a regional key and to discuss the implications of such an approach on the local system governance in order to guarantee a long...

Policy objectives and measures of support to less favoured areas have undergone significant changes during the last reforms of the CAP. Regardless of changes in policy objectives and methods of its implementation, the LFA support remains one of the most important implementation mechanisms of...