The development of the international financial market, the globalization of the financial resources and the increase of the world economic insecurity have been accompanied by the exponential rising of the corporate rating after 1980. There are three big agencies at mondial level, Moody’s,...

Starting from existing literature and some our recent studies, we developed several modelling schemes that could be useful to improve the strategies oriented to achieve a demographic and economic balance between generations. In this way, we can obtain simulations from a country or group of...

AThis paper explores the evolution of the European Union economy during the last contraction, between 2007 and 2009. Assuming that the signs of recovery visible in the third quarter of 2009 will be sustainable, year 2010 will be the end of the crisis for the European and world economy. Looking...

Industrial revolutions, as a solid foundation of modern globalization, represents the process of transition to mechanization and to the emergence of large mechanized production, manual work being replaced by machine- tools. The industrial revolution will generate deep changes in the world’s...

Competition is the main mechanism of market economy, which generates efficiency and contributes to a better allocation of resources in the economy. It gives consumers more options on the quality, price or variety of products and services. In this context, the community competition rules,...

Setting up an assortment involves a complex choice in order to achieve a defined market share, to make the assortment adaptation to customer needs, optimizing the space available in a commercial unit, using the space and the commercial establishment more profitable. Choosing the products will be...

Nowadays scientists say that we are in the early stages of the knowledge revolution and the wealth and power in the XXI century will arise from intangible intellectual resources and more specific from knowledge capital. Facing all these changes, when the demands of our life exceed our resources,...

The economical efficiency of public expenditure is a current issue, especially in economic and financial Romanian context. At the State’s level in Romania, the reform of public spending that focuses primarily on supporting the economical convergence and improving the capacity to absorb EU...

There is variability in equity within and between the states. Policy makers must be cognizant of fiscal disparities within states and between states and take the appropriate action to ensure that each taxpayer is equal with the other one. With a history of over 18 years in labor taxation,...