An extensive literature shows the importance of investment policy for sustainability of resource-based economies. The approaches of these studies are mostly based on theoretical results that examine the role of investments in a competitive optimizing economy. This paper extends some of these...

In the current age of trade and financial openness, remote and poor local economies are becoming increasingly exposed to inflows of external capital. External investors - enjoying lower credit constraints than local dwellers - might play a propulsive role for local development. At the same time,...

The paper analyses potentials, challenges and problems of the rural tourism from the point of view of its impact on sustainable rural development. It explores alternative sources of income for rural people by means of tourism and investigates effects of the rural tourism on agricultural...

The hypothesis is that Pareto and Kaldor-Hicks Efficiency have an aspect of sustainability in relation to inequality. The analysis finds efficient situations reached increasing inequality as diminishing in the long term effective demand in a larger measure than counterbalancing increases thanks...

This paper reports on the findings of an exploratory research whose main purpose was to investigate the impact of micro finance institutions on the socio economic lives of Zimbabweans. The study sought to establish whether micro finance empowers the poor and reduces poverty. The study was...

Sustainable development addresses the complex concept of quality of life, economically, socially and environmentally, by promoting the idea of balance between economic development, social equity, efficiency and environmental conservation. This article aims to analyze a number of indicators of...

The political economy of resource rich countries is surveyed. The empirical evidence suggests that countries with a large share of primary exports in GNP have bad growth records and high inequality, especially if the quality of institutions and the rule of law are bad. The economic argument that...

The integration of Romania into the European Union fundamentally changes the status of our country. Romania will get thus access to the markets the European Union has concluded various commercial agreements with and will become assistance supplyer.

The political economy of resource rich countries is surveyed. The empirical evidence suggests that countries with a large share of primary exports in GNP have bad growth records and high inequality, especially if the quality of institutions and the rule of law are bad. The economic argument that...

In the new context of the recent world economic crisis and subsequent economic downturn, governments re-evaluated their attitude for foreign direct investment or at least certain types of it and adopted restrictive measures for foreign investments. The paper emphasises the significant trends in...