This paper is a scientific approach on how education and training, two instrumental components of the knowledge-based society, contribute to economic growth and sustainable development. The article undertakes a research on the two main objectives of the Europe 2020 Strategy for education and...

The Economics of the firm is affecting in the latest year of a changing perspective, from the firm like production function and market actor to internal organization of the firm. Producing suppose resource allocation by the entrepreneurs or/and managers and cooperation between individuals inside...

Research highlights the problem regarding education externalities in the context of quantifying the effects which it produces on an individual level and at the society level. At the same time, the research highlights the importance of externalities in terms of evaluation of investment policies...

This paper is studying the degree of financial independence and decision of local authorities, in a number of transition countries in South-Eastern Europe. Our research identified the strengths and weaknesses of public finance reform, for each country, followed by a classification of...

The scientific approach of the authors aims at identifying the vulnerabilities of the European versus the Romanian tax system. Large differences in taxation across countries are explained, through different levels of economic development and policies promoted by public authorities. Taxation rate...

The present scientific study aims at analyzing the total public debt of Romania. Under the actual circumstances, we have considered necessary studying the relation between the internal and the external public debt, which is influenced by objective, subjective and also political factors. At the...

In our opinion, the quantification of human capital is a complex process faced with difficulties. The research starts with the standard measure of human capital – the number of years of schooling – and elaborates a brief analysis of the shortcomings of its quantification. Among these, there...