The study on the contribution of education to economic development process measured by GDP per capita reveals that one of the main factors of influence is the training level of the human factor. Through statistical methods and econometric models, we analyzed the influence of education spending...

The present scientific work aims at establishing the connection between the sustainability and the management of public debt both as hot stringent issues, and as strategic components of the state public policies. The authors analyze the relationship between public debt and some macroeconomic...

This paper is a scientific approach on how education and training, two instrumental components of the knowledge-based society, contribute to economic growth and sustainable development. The article undertakes a research on the two main objectives of the Europe 2020 Strategy for education and...

Even though globalization tends to minimize the importance of national borders, there is yet a strong competition ongoing between nations. In this competition, it’s those countries that manage create and develop a series of long-term competitive advantages that eventually thrive. In the case...

In their research, the authors started from the premise that, in an emerging economy, it is important that the fiscal, budget and monetary policy measures should keep the long-term indebtedness level constant, so that the amount of public debt should increase at the same rate as the nominal GDP....

The Economics of the firm is affecting in the latest year of a changing perspective, from the firm like production function and market actor to internal organization of the firm. Producing suppose resource allocation by the entrepreneurs or/and managers and cooperation between individuals inside...

Research highlights the problem regarding education externalities in the context of quantifying the effects which it produces on an individual level and at the society level. At the same time, the research highlights the importance of externalities in terms of evaluation of investment policies...

The author’s scientific endeavour aims at presenting the three given concepts from a theoretical perspective and at emphasizing the importance of expenditures efficiency, effectiveness and profitability in the education activity. At the same time, the author emphasizes the differences in...

We can measure the globalisation tendency of financial markets by means ofseveral criteria - the degree of financial openness, the degree of financial integration andthe degree of participation in the global financial market. This study aims at analysingthe degree of participation in the global...

This paper is studying the degree of financial independence and decision of local authorities, in a number of transition countries in South-Eastern Europe. Our research identified the strengths and weaknesses of public finance reform, for each country, followed by a classification of...