Acta Universitatis Danubius. Relationes Internationales, Vol 11, No 1 (2018)

Abstract

In a world where the scarce resources are limiting our choices, the importance of institutions as good practices is crucial for a long term development perspective, irrespective of the economic sector where they are applied. In such context, we reiterate the importance of the primary sector in the equation of sustainable development with a particular focus on the existing good practices in Romanian agricultural profile that support sustainability trend in all its hypostases. The purpose of the present paper is to investigate the manner in which the existing institutional framework from Romania, formal and informal, is supporting the activity of agricultural cooperatives, perceived as successful patterns of economic activity, in order to assess the real contribution of Romania’s regulations to the process of long term development.