This article treats on the behaviour of fiscal autorities of the twelve new state members of the EU during the post-adhesion period. We analyze the factors which determined the fiscal consolidations of the new member states, identifying two groups of sta

According to the data provided by the Romanian National Institute of Statistics and Eurostat, the balance-of-payments current account registered a permanent and increasing deficit since 1990, while the domestic production was accelerated decreasing and the FDI inflows were far from being enough...

The global crisis has caused a serious fiscal deterioration that leaves the world economy with serious challenges. In many developed markets as well as in a few emerging markets (Emerging markets) public finances have already become, or are at least at risk of becoming, unsustainable. Commonly,...

The central researched element in our paper is the local budgets, the basic component of local public finances. Local budgets, like any other budgets, are the most important tool for the management (of local governments) planning, forecasting, implementing and monitoring the results of...

The objective of this paper is to examine how the current financial crisis has affected the fiscal discipline and convergence in the seven Central and Eastern European countries which have not yet joined the Euro Area (EA), namely Bulgaria, the Czech Republic, Hungary, Latvia, Lithuania, Poland...

In present there is a certain perception along free time of the young. Messenger, internet and television are the new recreation and amusement ways that favourises sedentary life, in the detriment of tourism and fresh air walks. The counteract of the phenomenon can be materialized through social...

The interest of any individual to achieve progress and growth and the entrepreneur's desire to make a profit at all costs, show that humans have a consumptive and destructive nature, that is, man has often forgotten that he is part of the natural system, so that imbalances have been created,...

In the last years the humanity assists to the fundamental changes in economy no matter the level from which is regarded. These changes are so fast and intensive that many times the humanity is confronting also with adaptation difficulties and also with th

Economic integration refers to trade unification between different states , and one of its most important aspects is liberalisation of capital movement. In this paper is presented a brief evolution of economic integration cases focusing on one of the most integrated economies - European Union....

Present study reviews certain main pro-active approaches and connections. Searching for root concepts, a number of current views on causes of today’s crisis are selected. They are viewed through the criterion of their effects in practice, in a heterodox approach which is a critique of standard...