The current worldwide economy met deep changes, especially in the last decades, changes which had major effects over business area and determined the adoption of some decisions, at the level of main actors of economic life, which allow them to get through with new challenges. To that effect,...

The current trend of the world development economy entails the thorough analysis of the relation between globalization and regionalization. Although some economic analysts consider regionalization as a reaction to globalization of the certain countries, we notice that on microeconomic level this...

In this column, Deirdre McCloskey argues that the practice of letters of recommendation is insane. The only correct procedure for assessing scholarship in hiring or promotion is for the responsible body to read the candidate's work and discuss its intellectual quality with immediate colleagues,...

Duality is studied for an abstract equilibrium problem which includes, among others, optimization problems and variational inequality problems. Follwing different schemes, various duals are proposed and primal-dual relationships are established under certaing generalized convexity and...

The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a Social factors relativized GDP. Social factors relativized GDP: GDP – GDP x GINI = K_Index Written differently: (1 – GINI) x GDP = K_Index Inflation indexed Version: (1 –...

Efforts to promote regional integration in North Africa to date have often been constrained by political differences as well as diversity in economic performance, pace of economic reforms and openness, and disparities in legal and regulatory frameworks. Overlapping preferential trade agreements...

The article deals with issues related to the crisis, recession, economical of Romania. By this paper I did not present an anti-crisis plan but I have exposed a number of measures that may cause the settlement of this phenomenon as stimulating the economic growth, protecting citizens and creating...

Most art products can be classified as intangible goods. They characterize a reasonable connection with passion, inspiration, creativity and emotions. However, the pricing of these outcomes is exceptional irregular and uncertain. As a result, the questions arise: What is art? What is the...