Economic and financial stability, sustainability and durable development are top priorities to all world nations and this aspect must become no one for both European Union and Romania. Negative effects induced by the short time capital moves and of the different speculative assets bubbles must...

The bubbles, either involving real or financial assets, previous to the subprime crisis bring at the investor’s community’s concern the elusive topic of risk mitigation. Funds industry need today, more than any time in the past, a clear, decisive and competent approach in risk management. A...

The works presents aspects regarding the sub – prime crisis and the impact of the crisis upon The South – East Europe countries. The first part approaches the origins of the sub – prime crisis, the deteriorating of the balance sheets of the banks exposed to toxic assets and the...

The paper presents issues regarding the economic evolution in Romania in the last decade of the transition process from a super-centralized economy to a functional market economy. The impact of the financial crisis in Romania together with some of its effects are analyzed herein. Finally, we...

The human movements across borders, societies and cultures are not running in an “empty space”: the structural characteristics of the economic systems, the institutional architecture of societies, the cultural paradigm and the power relations between different social groups, all define the...

The public authorities (the agency) messages could play a key role in the social subjects’ decisions. How and when the agency communicates the path of its future policies influences the present social and economic architecture. The aim of this paper is to advance an explanatory framework for...

The approach of the foreign direct investments impact belonging to multinational companies on host country companies and on national economy is an extremely complex and present-day interest issue in the context of globalization phenomena, which at this time puts a mark on the human society...

This paper is studying the impact of public budget deficit on the economic growth. We have tested the connection between budget deficit and economic growth, using econometrical analysis (the Pool Data Model). Within this framework, we have quantified the intensity of connections between public...

he aim of this paper is to emphasize how the correlations between fiscal policy and economic growth are manifesting in the UE case. After theoretical framework, the paper is organized as follows: Section 2 tries to provide a model at micro-economic level for the interconnections between fiscal...

The classical models of portfolio selection could not be applied on a market were the efficient market hypothesis is not valid (at least in a "weak" sense). The aim of this paper is to enlighten the difficulties of portfolio construction in a financial market with institutional and structural...