Purpose The purpose of this practice-oriented paper is to look at a recent, late-phase development in public administration (PA) reform in Romania, specifically the drafting of the recently adopted national Strategy on Strengthening the Efficiency of Public Administration (2014-2020). In...

The reform of civil–military relations and the establishment of a democratic control of Armed Forces were important concerns for the Romanian transition, after 1989. The main reasons were related with a misperception that the military were supporters of Ceausescu's dictatorship, their...

Romania has experienced a dramatic transition, after 1989, starting from one of the fiercest communist regimes and trying to build a democratic regime and to join the Western institutions, such as NATO and EU. The issue of democratisation of civil–military relations ranked high on the reform...

The aim of this paper is to analyse the development strategies of an innovative Special Purpose Vehicle (SPV) for sustainable and responsible investments (SRI). This contribution represents a premiere for the Romanian capital market, an emerging market with low liquidity and limited...

The recent crisis and turbulences have significantly changed the consumers’ behavior, especially through its access possibility and satisfaction, but also the new dynamic flexible adjustment of the supply of goods and services. The access possibility and consumer satisfaction should be...

Industry 4.0 revolution find a real interest of entrepreneurs but in the case of frontier and emerging markets it is difficult to find a reliable source of long-term financing. The decoupling of the technological evolution from the evolution of the access to financing capacities must be analysed...