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Romanian Budgetary Consolidation Between European and Local
2008 •
Adina Gyorgy
The budgetary consolidation has become a current practice in Romania, but the ways in which it is realized and the consolidation rules take on only partially the standard procedure that are used at the European and world level. Furthermore, adapting the budgetary consolidation procedure has to do with components that are not part of the unitary public budgets system, analyzed by the definition given by the Law on public finance.
Analysis Regarding the Israeli Pension Funds System
2008 •
paul tanasescu
Theoretical and Applied Economics
The Impact Of Mergers And Acquisitions On The Economic Performances
2008 •
Petre Brezeanu
This paper aims to measure the extent to which banking systems from Central and Eastern Europe have been characterized by banking consolidation through mergers and acquisitions and the extent to which this process led to the concentration of the banking ...
Theoretical and Applied Economics
The Impact of the Country Rating on the Corporate Rating: Empirical Perspective in the Context of Financial Globalization
2008 •
Petre Brezeanu
The Governmental Policies That Encourage the Positive Contributions of the Foreign Direct Investments Inflows
2008 •
Viorela Iacovoiu
The maximization of the positive effects and the diminution of the costs associated to foreign direct investments depend mainly on the host country existing conditions and the applied government policies that may encourage the manifestation of some FDI contribution, simultaneously influencing the quality and quantity of the foreign capital inflows. As for the European integration, considering the positive evolutions recorded during the last years, we appreciate that in Romania as well, similar to other Central and Eastern European countries, the massive foreign capital input oriented towards activities incorporating a large number of local resources, mainly technology and knowledge, may encourage the improvement of the existing production factors quality and creation of some specialized production factors. In this respect, the long term development strategy must rely on the improvement of the human and technological capabilities, by making use of intelligent foreign direct investmen...
2008 •
Adrian Tanţău
Financing represents a central element of entrepreneurship. Financial resources allow developing new business projects and start up of activities of small enterprises. Unfortunately, the restrict credit politics for small enterprises and the absence of their resources represent important obstacle for implementation of new business ideas. In our research, we try to identify the main problems which oppose to the promotion of business ideas in small enterprises.
Integration of Environmental Policy Into the European Energy Policy
2009 •
Dacinia Crina Petrescu
The idea of integrating the concept of sustainable development concept into the sectorial policies has been promoted in June 1998, at the European council from Cardiff, when a number of economic sector have been proposed for integrated approaching. The paper analyses the main operational objectives of integration the environment policy into the energy policy as well as instruments by which can achieve theses objective, respectively horizontal policy and sectorial policy.
Theoretical and Applied …
Ethics And Responsibility In Banking. Opinions From The Romanian Market
2009 •
Mariana Nicolae
Downloadable! The paper presents the opinions of three banks present on the Romanian market (The Romanian Commercial Bank BCR, Bancpost and Raiffeisen Bank) on ethical and social responsibility issues, resulted from a focus group organized by the authors. The issues ...
Financial Crises. Aspects Regarding the Crisis Impact on the Romanian Capital Market
2011 •
Daniel Manate
Economic and financial stability, sustainability and durable development are top priorities to all world nations and this aspect must become no one for both European Union and Romania. Negative effects induced by the short time capital moves and of the different speculative assets bubbles must be restrained and strictly controlled by law and fiscal means. Those means must favour the
Comparative European …
Subsidiarity as a Principle of Governance in the European Union
2004 •
Bertjan Verbeek
Subsidiarity has been introduced at the 1991 Maastricht conference as a principle of European governance. This article traces its development over the past 15 years and attempts to assess the effect of the subsidiarity principle on European governance. The impact of subsidiarity varies across time and across issue area. This is related to the fact that the European Union is at the same time characterized by inter-state relations and relations typical of a ‘regular’ political system. This specific nature of the European polity requires us to analyze policy-making in terms of different policy arenas which are sometimes inter-state in nature and sometimes more ‘regular’. This concept of European policy-making differs from the approaches currently dominating the field: intergovernmentalism and multi-level governance. Although the effect of subsidiarity varies with the different natures of European policy arenas, the principle has tended to strengthen the position of the national governments of the Member States. This tendency has been continued in the operation of the Open Method of Coordination and the proposals regarding subsidiarity in the European Convention.
