Knowledge-based organizations (KBO) are usually considered to be those whose product or service is knowledge-intensive. The characteristics of a KBO, however, go beyond product to include process, purpose and perspective. Process refers to an organization’s knowledge based activities and...

FDIs have also entailed a series of political implications in addition to the economic effects, especially in the context of the accession of Central and Eastern European countries to the European Union.According to the specialists, for a given country, intense growth periods are characterized...

FDIs have also entailed a series of political implications in addition to the economic effects, especially in the context of the accession of Central and Eastern European countries to the European Union.According to the specialists, for a given country, intense growth periods are characterized...

Until recently, globalization was seen as an inexorable process, which most countries would be forced to sacrifice a growing part of independence and sovereignty. However, after the economic and financial crises in Asia and Latin America, many countries have reconsidered their attitude towards...

Looking on long-term, as we think about what is needed to avoid future crises, it is clear that better analysis of and response to macroprudential problems – problems which lie at the interface between macroeconomic policy and financial system regulation – will be vital. In the future,...

Currently there are many authors who consider that the only objective of the central bank should be the price stability and between the respective objective and financial stability there is incompatibility. As far we are concerned, we subscribe the idea that between price stability and financial...

The increase of the foreign property in the CEE countries took place at the same time with the increase of the concentration on the banking market. The foreign countries contributed to the highest concentration level of the banking market through two channels: the acquisition by the foreign...

The increasing complexity and the increase of the variability grade of the business environment in general, and of the international business environment especially, represented determinant elements of the awareness of strategic issues of international competitiveness of firms and of the...

The theory of competitive advantage of Michael Porter stated that national competitive advantage is a reflection of a "diamond" which is running properly and efficiently. But if a developing country like Romania does not have the right conditions for effective functioning of the "diamond", what...

The WTO was created in 1995 with the propose to encourage and regulate trade between its member states. The primary objective of the WTO was and still is to create economic growth and encourage free trade among nations. This aspect was disputed between specialists: some say that the WTO creates...