Analyzing the evolution of emerging economies, with their openness to foreign investments and increasing country risk, there is in the same time a high degree of international spread of crises. Unsustainable macroeconomic policies, the fragile financial system and disorderly capital account...

This paper presents a method for adjusting the time series in the direction of the minimum deviation of the transition process from one period to another. The formulas so obtained satisfy the condition of invariance of aggregate data, the stability on successive re-adjustment action and the...

In this paper, we have investigated the dependence of net export based on GDP and the consumer demand in Romania during 2001-2011. After determining the regression equation, the main conclusion is that in Romania is an excessive dependence of net exports from the level of consumption. The fact...