Using the most important criteria that should be taken into account when a monetary policy strategy is changed, this paper assess the opportunity of changing the status quo of the monetary policy in Romania with the inflation targeting monetary policy framework in 2005. The paper identifies the...

During the last decades, the monetary policy had to face significant changes caused by various processes. This paper explores the challenges induced by the recent global crisis to the central banks policies. We approach some possible solutions to the dramatic consequences of the crisis: the...

Negative interest rates, as an instrument of monetary policy, are regarded by the central authorities as a stimulant for the growth of real economy through: decrease of lending costs, increase of consumption, decrease of volatility and so on. However this policy has a negative influence within...

This study is meant to underline some contemporary and stringent global problems, related to the international monetary system area and its crises. In the last 3 decades, this subsystem of global economy becomes the most important and the most instable as well. The last contagious monetary or...

A number of macroeconomic troubles led the Hungarian Government to the introduction of an adjustment program in July 2006.

Real convergence represents an essential objective for Romania\'s integration into the EU.

The paper mainly aims at defining strategic industries, establishing selection criteria and pointing out opportunities for the implementation of policies specific to market economies for promoting these industries.

Romanian Abstract: Articolul prezintă implicaţiile modernizării politicii ajutoarelor de stat înUniunea Europeană, ilustrând, printr-o analiză cantitativă bazată pe cele mai recentestatistici ale Comisiei Europene („Tabloul de bord18” al ajutoarelor de stat acordate înstatele...

Romanian Abstract: Uniunea Europeană şi Piaţa sa unică au generat în ultimii 50 de ani noioportunităţi pentru companiile europene, care şi-au îmbunătăţit competitivitatea internă şiinternaţională, au creat noi locuri de muncă şi au oferit consumatorilor europeni...

The paper is focusing on the world financial framework deterioration, as an adverse cost of the accelerated globalization of international goods & capital flows. The inclining of world monetary axis towards East by the accumulation of huge international reserves (in a few Asian countries) in...