There are evidences that the actual global crisis affected the convergence process in EU. Generally, just new adhered countries were more affected by the actual crisis. Today all forecasts are suffering by uncertainty. There are different opinions regarding how deep and how long the convergence...

Parallel computing can offer an enormous advantage regarding the performance for very large applications in almost any field: economics, scientific computing, computer vision, databases, data mining. GPUs are high performance many-core processors that can obtain very high FLOP rates. Since the...

Article addresses the issue of sizing the underground economy by recognized methods in the literature based on empirical data provided by official statistics in Romania. The monetary method to assess non-accounted economy dynamics studies to date has defined two types of measurements in terms of...

Romania has experienced a new electoral model, a model in which a gap between general elections and the Presidential election was introduced. Also in 2008 the election law was changed. The current design provides a uninominal voting system with a correction of the total number of seats by the...

This communication aims briefly describing Romanian industry and corresponding Government policy about in this vicinity of these two decades. Or, this is a real mixture between old and obsolete aspects and new imperatives of restructuring. The last’s basing concepts were really unknown around...

The geographical fragmentation of production has created a new trade reality and has many implications for how we understand trade policy. The growing international flows in intermediate goods reflect the evolution of intra-industry trade, the impact of offshoring and the prominent role of...

This paper presents a dynamic econometric model to study the impact of remittances on consumption, investment, output and imports. Multiplier effects of exogenous shocks of remittances are estimated in the short and long term, with data from six Southeast European countries. The analysis reveals...

The sustainable growth of economic competitiveness as a whole and of industry, in particular, is of paramount importance for Romania. A look at the literature reveals that although there is no consensus in defining and measuring competitiveness, many studies focus on competitiveness i) in a...

In this paper we discuss the credit policy and how it affected the macroeconomic dynamics in Romania. We estimate a regression on quarterly data in which economic growth is the dependant variable and foreign direct investments and domestic credit are the explanatory variable. We found...

In recent years, territorial (spatial) development concepts in relation to industrial development are often raised as an issue that needs to be considered by those who have this authority. The increased power of regions, given by Lisbon Agenda, highlighted the existing links between development...