Last year, Romania ranked among first countries in the region as receiver of foreign direct investments and the positive signals from those who have a hard word to say regarding business community didn’t delay to appear. Prestigious international companies choose Romania, and today our country...

Globalization is a reality of the contemporary world. It has among others, an important economic dimension given by: the extension of the international economic trade and economic cooperation; the creation of some good and services global markets; the creation of some global power centers; the...

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...

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...

The European Investment Bank contributes to EU objectives by providing long-term funding for specific projects in compliance with the prudential banking regulations. The EIB continuously adapts its activity to recent developments in EU policies. Within the EU, the EIB Group's ambition is to...