The paper presents the Version 2000 of the Romanian macromodel (elaborated by the author). For the period 2003-2010, two scenarios have been elaborated. The first, named “Desirable” incorporates the main lines of the Strategy for integration of Romania into European Union. The second...

Romanian Abstract: Lucrarea de faţă abordează tematica arbitrajului preţurilor dezvoltată de către Stephen A. Ross (1976), care porneşte de la premiza că valorile mobiliare subevaluate pot fi revândute pe o altă piaţă în ideea de a profita în urma diferenţei de preţ, această...

Successful economic development is a process of successive upgrading. As nations develop, they progress in terms of their characteristic competitive advantage and modes of competing.

Investment companies are exploring the best opportunities on financial markets for financial instruments transactions in order to optimize the portfolio structure and to diversify the risk. Trading the financial derivatives is assumed to be one of the most efficient methods to increase the...