Decrease of regional disparities is one of the main goal for every single or mixed economy, such as national regions within Europe or European Union as a whole. Disparities occurrence are differently set up from one territory to another, however emergent economies are characterized by a higher...

The implications of fiscal deficits on key macroeconomic variables have led to a large body of literature examining the question of whether economies with large and persistent fiscal deficits have high inflation rate. In line with this argument, this research work examines the long-run...

Contemporary society is characterized by a number of social problems that have multiple causes that range from structural weaknesses of purely individual factors. In the challenges of globalization phenomenon and in the context of sustainable development needs of humanity, the cooperative...

The purpose of this article is to review the results of research papers conducted in the area of foreign ownership impact on company’s performance and to highlight the specifics of this linkage in the environment of transition economies. Several authors have documented greater efficiency of...

This paper is aimed at highlighting the importance of the cost of capital as a discount rate of investment in making an investment decision in the ROMNAV Braila company. This study carefully puts forward the existence of four possible cases to which companies may belong: unlevered and...