Some historians marked the year 6000 B.C. as the dawn of Chinese civilization. The way which the history of this great country of the planet it was developing in the last 65 years is the premise of the demonstration made by China, which has become - in our opinion - the most important and recent...

In a period of mainstream economic models failing to explain macroeconomic processes and individual economic behaviors, is necessary to reconsider dominant economic models by approaching with a higher accuracy the economic reality. The paper is proposing to contribute to Homo Oeconomicus...

SMEs in Romania pass through a turning point. They “have acquired" a fragile stability that manifests differently, depending on the size and economic activity sector, or from one region to another. The situation that has been reached is caused, mainly, by entrepreneurs' fiscal obligations to...

In the economic language, we frequently speak about inflation risk, interest rate risk, currency exchange risk, psychological risk, credit risk. Over the last decades, the environmental risk has come to the attention of specialists and managers and has gained an increasing importance. Companies...

The present study aims to highlight the role of responsible corporate behaviour towards consumers and business innovation in finding solutions for sustainability in EU countries. Determining the impact of responsible corporate behaviour towards consumers and business innovation on sustainable...

As is known network model is based on the defining element: the transfer channel. The most research in this area focused on what is transferred (flows of material, financial, energy, information) between two nodes in the network and less on “technical support” transfer – transfer channel....

It is well known that the portfolio optimization involves creating the stock portfolio minimizing the risk for a required return or maximizing the return for a given risk level. The mathematic model of these kind of problem is one of quadratic programming type. Because the solving procedure of...

The speculative bubble can be defined as the trade in high volumes at prices that are considerably at variance with intrinsic values of certain assets. The burst of speculative bubble can cause financial crisis in specific form created by situation of investment process dysfunction, when...

Financial stability is important for any economy regardless of its degree of development, because with the help of financial institutions main activities can be carried out for all economic sectors. So, the crisis of the financial system can lead to economic bottlenecks, direct losses, and...

The environmental taxes are a relevant area in the future fiscality taxes in the European Union. These are aimed, not only the protection of the environment around us, a sustainable economy, but also the meant to bring funds to the EU budget. At present, the current system has the advantage of...