Printed from https://ideas.repec.org/s/ovi/oviste17.html
Content
May 2014, Volume XIV, Issue 1
- 714-719 Balance Scorecard in Hospital Units
by Pu?an Alina & Ivan Oana Raluca - 720-725 Funding Romanian Medical Services
by Pu?an Alina & Ivan Oana Raluca - 726-731 Dimensioning and Allocation of the Financial Founds of the Company by Using Dynamic Programming
by Sãlãgean Liana Ramona & Pantazi Paula Iulia - 732-737 Budget Balance: Fiscal Policy Target or Tool
by Savu Nicoleta Andreea - 738-742 Internal Audit Function, Organizational Culture and Their Influence on Corporate Governance
by Spãtariu Elena Cerasela & Carata? Maria Alina - 743-747 Using the Methods of Data Analysis Scoring for Estimating the Risk of Bankruptcy of Firms
by ªuºu ªtefãniþã - 748-753 Particularities of the Expenses' Accounting within the Nonprofit Organizations
by Todea Nicolae & Mihãlþan Delia Corina - 754-758 The Role of International Accounting Systems in Economic Development
by Þogoe Greti Daniela & Avram Costin Daniel & Jorj Mircea - 759-764 Profitability - Vector Sustainable Development, Progress and Viable Accounting Normalization Requirements - Going Statutory Audit and Regulations
by Tudose Geanina Gabriela & Petroianu Grazia-Oana & Dãucianu (Avram) Mihaela - 765-769 Forms of Export Credit Insurance Found in International Practice
by Vãduva Maria - 775-779 Financial Sustainability of the Company
by Vlad Costicã
May 2013, Volume XIII, Issue 2
- 2-6 The Causality Relationship between the Dry Bulk Market and Worldwide Economic Growth
by Batrinca Ghiorghe & Cojanu Gianina - 7-11 Aspects Regarding Romania's Energy Policy in an European Context
by Botescu Ion - 12-16 The Global Dimension of Poverty
by Botescu Ion - 17-20 The Common Historical Basis of the Exception for the Non-Performance and Termination of Contracts
by Cãzãnel Maria - 21-24 The Exception for the Non-Performance of Contracts and the Exception for the Compensation of Claims and Related Liabilities
by Cãzãnel Maria - 25-30 Sovereign Wealth Funds and the New Dynamics of Globalization in the Context of the Current Financial Crisis: International Competitiveness Through Outsourcing in Emerging Countries
by Drãniceanu Doina - 31-34 Crisis Effects on Shipbuilding Market
by Grigorut Cornel & Nistor Filip & Popa Catalin - 35-39 Contemporary Trends within the International Financial Intermediation System Evolution
by Grigorut Cornel & Popa Catalin & Nistor Filip - 40-44 The Severe Consequences of Terrorist Acts and Organized Crime on the Security of the Citizens in the European Community
by Iordache Constantin & Jipa Vlad, - 45-50 Transport Efficiency Through Multimodalism
by Lãpãduºi Mihaela Loredana & Cãruntu Constantin - 51-55 The Importance of Social Responsibility Programs in International Business Development
by Nechita Daniela - 56-59 Critically Appraise of the Specific Aspects of the Strategy for International Market
by Racoceanu Cristina & Stanciu Anca Cristina & Constandache Mihaela - 60-64 The Effects of the Global Economical Crisis on the Global Precious Metals Market
by Rizea Raluca Daniela & Sârbu Roxana & Condrea Elena - 65-67 Controversies Regarding the Internationality Element in International Trade Agreements
by Trandafirescu Bogdan Cristian - 68-73 The Analysis of the Effects of the Direct Foreign Investments upon the Restructuring of the Romanian Economy
by Vechiu Camelia & Popa Lucia Ramona, & Ciorãºteanu Gianina - 75-78 Copyright Protection in Romania and Italy
by Anechitoae Constantin - 79-82 Intellectual Property Rights in International Regulations
by Anechitoae Constantin - 83-86 Some Problems of Jurisprudence Concerning the Difference between Delictual Liability and Contractual Liability
by Botina Madalina & Pangrate Alina Georgiana - 87-90 Environmental Protection and Sustainable Development Strategy
by Brasoveanu Florica - 91-94 Environmental Policy in the European Union and Their Implementation in Romania Abstract:Environmental protection in the European Union is today a policy with a principal role in the development and implementation of all Community Member States policies and. The integrated approach is about developments in the overall strategies of integration in the last decade of the last century who gradually adapted to the model of sustainable development. The Maastricht Treaty raises environmental protection at the "rank" of policy for the Community and the Treaty of Amsterdam includes the principle of sustainable development as one of the Community's objectives and establishes the principle of environmental integration into sectoral policies Through the six environmental action programs, the Union has developed a complex system of horizontal Community legislation and areas (air quality, waste management, water quality, nature protection, industrial pollution and risk management, hazardous chemicals and genetically modified organisms, noise , civil protection, nuclear safety and radiation protection), went on to the integrated sector approach, developed principles and tools for action and the external dimension of international cooperation
by Brasoveanu Florica - 95-100 Special Issues of Jurilinguistic Translation. Case Study: The Criminal CodeAbstract:This study aims at analyzing the process by which the highly specialized language of the legal system is highly influenced by English, as a lingua franca. The first section of the study deals with the concept of translation and with issues regarding the relationship between law and language. The second section is focused on corpus presentation, i.e. the Romanian Criminal Code in Romanian and in English. The third section uses the content analysis instrument WordStat in order to answer its central question: What approach can the translator use in order to choose between synonymy and polysemy in the language of law in Romanian and what are the stages of this approach?
by Buzarna-Tihenea (Galbeaza) Alina - 101-105 Management of Risk Factors while Countering TerrorismAbstract:This article attempts to highlight the importance of analyzing the risk factors in preventing and combating acts of terrorism. International interests to prevent, combat and counter-terrorism unit require capitalization, a joint experience in order to transition to a higher stage namely organizational setup and operational institutional mechanism for preventing and combating terrorism. Outside the risk factors (affecting democratic values, reduce access to some vital resources, environmental disasters, individual or collective actions manipulation and misinformation), countries of the world have to manage a number of vulnerabilities caused by internal structural transition process (judicial reform, the fight against corruption, social integration, regional economic differences) that can help increase the impact of these sources of risk to international security
by Damean Doru Claudiu & Popovici Dumitru Dãnuþ - 106-111 Concentration of the Banking MarketAbstract:First, in this study we try to test whether the Structure - Conduct - Performance Paradigm holds by investigating the relationship between concentration and banking system performance in Romania. We find that is a positive correlation between market concentration and performance in Romanian banking, according to the Pearson`s correlation coefficient. We observed that the competition in the Romanian banking system increases continuously in the last years, but the Romanian banking sector remain relatively concentrated. In the second part of the paper, we compared the structure of the banking market in Romania and Spain, using the Herfindahl-Hirschman and Concentration Ratio indicators for period 2005-2009. We find that the banking system in Spain is less concentrated compared with Romania and media owned by European countries.
by Dobre Claudia - 112-117 How Does the Economic-Financial Crisis Affect Our Education? Study on EU-28 CountriesAbstract:During the last global financial crisis, the unemployment rate grew significantly, reaching dramatic accents among youth. Unemployment phenomenon hit various segments of population with different levels of education, but especially those without an upper secondary education. This paper examines how the latest global financial crisis has influenced major developments in education and training, using, on the one hand, indicators that reflect the general economic picture in EU countries, and, on the other hand, indicators that reflect aspects of the education sector. Also, the paper analyzes the relationship between financial and the non-financial sides of education and training sector. The following indicators were included in the analysis: Participation rate in education, Early leavers from education and training, Total public expenditure on education, General Government Deficit
by Ghita Simona & Titan Emilia & Boboc Cristina - 118-121 The Notion of “Curator Litis” (Third Curator) in New Civil Legislation and Correspondence with Similar Notions in the EU LegislationAbstract:Starting from Trusteeship institution, as it is the most common, we watched to capture most situations of such notions. I managed to find a correspondent of curatorship in several branches of law, such as: civil law theory, theory of General obligations, contracts, inheritance, family law, commercial law, administrative law, criminal law and law of civil procedure. I had the opportunity to compare the old notions of this regulation with regulation of the new civil code and I found the interest of the legislature into two main Plains: the to regulate matters considered less legislation, but also to adapt the legislation to European novels
by Marilena Marin - 140-143 Property Acquisition by Civil ContractsAbstract:This work continues an author’s older theme concern of property, acquisition of property and contracts. Through this paper I aimed to bring to the attention of those interested in one of the modes of acquisition of property, with reference to the old and the new civil code. The analysis of a problem from the perspective of both the civil codes is the theme of the current, increasingly common in this time. Romanian legal life, during this period, gets used to the new codes and create the jurisprudence
by Pandele Adina Laura - 144-148 Controversies on the Legal Nature of ExtraditionAbstract:The legal nature of the extradition was a permanent object of discussion in the legal literature. Thus, many authors have emphasized the different legal nature of extradition, based on its role and purpose in the act of international cooperation in criminal matters. According to Professor Ion Tanoviceanu, the extradition is an institution of international law as it is the subject of numerous international treaties and conventions. In a recent study, the author Florin Razvan Radu noted that “extradition belongs to the field of public international law, namely of international criminal law”. According to other authors, the extradition has a mixed legal nature being, at the same time, an act of sovereignty and a jurisdictional one. Extradition appears as an act of sovereignty of the state, which may accept or refuse to surrender an offender in its territory
by Radu (Mitra) Mariana - 149-153 The Implications of the Legal System on Human Cloning, in Vitro Fertilization and Embryo TransferAbstract:One of the topics that incite the medical and legal worlds is the phenomenon of the criminal protection against genetic manipulation, a relatively recent phenomenon, especially taking into account that the technical possibility for its achievement is due to scientific developments. The criminalization of the facts circumscribed within this phenomenon endangering the future of biodiversity came to the criminal legislator’s attention in order to guarantee the specific means for the compliance with the rules established in the field of bioethics, that have become biolaw rules. The law, like bioethics, is applied both upstream and especially downstream the scientific act on human utility
by Radu (Mitra) Mariana - 154-158 Occupational Safety and Health within the European Strategy The Legal System for Occupational Safety and Health in RomaniaAbstract:The integration of occupational safety and health (OSH) with education represents, at European level, an essential component concerning the development of risk prevention culture. This allows everybody, teachers and children alike, to learn how to live and work in a safe and healthy environment. A strategy to promote a culture of prevention and protection must address to all parts of society, widening its scope and beyond the workplace and the workforce. It should help to create a general culture that values health and risks prevention. An educational institution must be a safe and healthy working environment for all the staff who carry out educational activities, as well as for the students and other persons involved so that they may be provided with a safe and healthy environment, adequate to the teaching and learning process
by Rusu-Zagãr Catalin & Anghel Sorin Ovidiu & Georgian Corina - 159-164 Struggles in the Representations of Roma Immigrants: from Migration Management to Public DiscourseAbstract:In this article we seek to unveil the interminglements between Roma migration in Europe and the shift in the public discourse calling for measures. In the first part of the article, we will establish the general framework of public policies in the management of immigration politics influenced the alleged relationship between ethnicity and crime, taking into account concepts such as Roma population exclusion, poverty and marginalisation at home and abroad. Moreover, we will present the important changes presented by the public opinion, taking into consideration several highly publicized events that cast a shadow of the Roma population in the region. Thus, as a secondary level of our paper, we will approach the specificity of social stigma for Roma immigrants, exploring the implications in the field of social identity and deviance. It can be stated that the economic, political factors were also forthcoming and fueled the process of scapegoating. As we see, describing the high level of criminality of foreigners as the general rule is often a cover for the feelings such as xenophobia, where differences between cultural and social identities are justified by stigma. Thus, the perceived inferiority and superiority can lead to group tensions that are also the object of the present work
by Staiculescu Ana Rodica & Gherasim Mircea - 165-169 Economic Implications of Violence and Discrimination in Public AdministrationAbstract:Recent developments in European law have heightened the need to reinvent our approach on workplace violence in the public service. Despite the recent concern in the Romanian law, the subject is rarely referred to, due to the lack of awareness of concepts such as the of violence and discrimination in the workplace, compared to their position in the European space. This paper traces the legal and sociological evolution of social reality as it is reflected in the Romanian legislation on public service and previous practice, with the intention to identify some links between these interdisciplinary approaches. We also want to stress the issues of social responsibility of the employer to the conditions of work affecting the principle of dignity and non-discrimination, and finally, apply preventive and corrective measures. We will attempt to analyze whether the difference between people’s perception of violence as a reality and the low number of complaints before the courts is caused by the lack of visibility provisions prohibiting harassment. Our work will also explore how the customized configuration of workplace violence is a reflection of the work environment, as perceived by public officials after successive reforms adopted by the Romanian authorities
by Staiculescu Ana Rodica & Stan Alina - 170-175 The Impact of the Treaty of Lisbon on the Most Important EU InstitutionsAbstract:The Treaty of Lisbon is the result of a long process by which it was primarily aimed to reform the legal framework of the Union. This reform had an equally significant impact on the representative institutions of the European Union. Accordingly, through this article, we try to transpose the major consequences on the organization and functioning of the EU representative institutions. The first part gives some general considerations with reference to the Treaty of Lisbon. The second part reveals the impact of the provisions of the Treaty of Lisbon on the EU representative institutions in terms of their organization and functioning
by Adrian Stoica - 182-186 Globalization and the ChurchAbstract:The Orthodox Church has been very concerned with this issue, recently. Globalization is an objective reality, which we can all observe, without being able to stop it. In Romania, we have been concerned with an objective reality coming over us, over the world, namely, on the one hand, the fact that we are becoming integrated in the European structures and, on the other hand, the fact that the whole world is becoming globalized or mondialized. Under these circumstances, the Church needs to find a way of working so that people may live a normal life from a spiritual perspective as well. For this reason, we should analyze all the consequences springing from such a way of working, both the positive and the negative ones
by Tucã Nicuºor - 187-192 The Development of Maritime Activities in the Light of Local AutonomyAbstract:This article tries to underline the importance of local authorities in the local/regional development. In the current competitive economic environment, the port administration is essential to the regional development. In the light of new territorial administration regulations, local authorities should be able to better respond to the market. Constanta has the logistics in order to become an important factor in the region. As many other European ports, it is also trying to increase its competitiveness providing better quality services and reducing their costs. In addition, due to reorganization, Constanta has the potential to focus on the local resources in order to enhance their productivity. Thus we will stress the importance of operational development, taking into account the increasing needs of the stakeholders
by Brezeanu-Lisievici Alexandru P. - 193-196 Diversion Acts – The Antipode of Economic StabilityAbstract:Optimal economic dimension of national security can not be obtained only through a functional economy, but also through implementation of represive measures for eradication of actions oriented against the economic stability of Romania. This is why we consider that incrimination of diversion acts with nomen iuris title can be considered as a guarantee of economic development which in turn contribute to the increase of defence capacity which is considered as a decisive factor for protecting the attributes of the Romanian state – unity, integrity, independence and suveranity. The present study intends to valorize the basic concepts which are part of the reference system in this field and also help in determination of juridical nature of diversion acts and based on it to describe the mechanism of lesion of economic stability through diversion acts
by Cojanu Gianina - 197-200 Influence of Europeanisation in the Reform of Public SectorAbstract:The literature seems to agree on two approaches of the concept „Europeanisation”. On the one hand it is considered to be only the process of adopting EU regulations into the national legislations and on the other hand, the reverse process is also considered, meaning the influence each member state could have on the design of European policies that are agreed upon. From this statement, it can be observed that he also includes “institutional structures” in the bunch of characteristics of the Europeanisation. Therefore, a first idea that Europeanisation could have an influence on the reform of the public sector is created, despite the first thoughts that come in one’s mind when the term
by Duduiala Popescu Lorena - 201-205 Principles into Local Planning and Management of Tourism to Achieving Success in Promoting Sustainable Urban DevelopmentAbstract:Tourism figures among the industries with major growth in Europe contributing with a 5 percent of GNP and generating 6 percent of all jobs in the European Union. Europe’s cities and towns contain a rich cultural heritage. Yet, maintaining this heritage presents many challenges, including dealing with the adverse environmental and social impacts of mass tourism. Demands from cities tourism alike are high and growing, hence the pressures and problems associated with the management of the sector have to be systematically tackled by all parties concerned. The concluding indicates the team’s intention of testing and enhancing this instrument in detailed successful partnership case studies in four European cities
by Enea Constanþa & Enea Constantin - 206-209 Corporate Contracts in the New Civil CodeAbstract:The provisions of the new Civil Code relating to the contract for bringing some news to the principles governed by the Civil Code of 1864, by coding situations that, to date only formed under discussion doctrinal or jurisprudential problems
by Gheorghe Lucian - 210-213 Theoretical Considerations and Practical Town Planning DocumentationAbstract:Documentation planning and urbanism are assemblies of written and drawn on a defined territory, which analyses the situation and setting targets, actions and measures to develop a specific period. Documentation structure and urban landscaping plans include landscaping, urban planning and urban local regulations
by Gheorghe Lucian - 214-218 Public Private Partnership (PPP): Comparative Analysis of the Legal and Institutional Framework in Romania, Greece, Italy and PortugalAbstract:Public-Private Partnership (PPP) policies and projects have diffused across Europe and public authorities seem increasingly to be involving the private sector in financing, building and operating new infrastructures. The global and rapidly growing interest in partnerships comes out of the financial crisis which exerts a strong pressure on public finances around the world, having negative effects on the development of necessary infrastructure in different areas. Many countries have adopted the public-private partnership (PPP) model as a means of implementing large-scale infrastructure projects and have launched dedicated PPP units to support the uptake of PPPs. As a result, a wide divergence in national PPP aproaches can be noticed but the lack of processes, procedures an enabling institutions, i.e “governance”, is the main barrier to extending their use
by Gherman Monica Gabriela - 219-224 Landmarks of the Romanian Pre-University Education in the Context of European Policies Designed to Overcome the Economic CrisisAbstract:In interdependence with the European and world economy, Romanian economy has experienced in recent years rapid unpredictable changes, which produced a variety of social phenomena with direct effects on educational policies. Pre-university education system provides human potential both for the labour market and for the higher education system. The new approaches of the EU development policies provide that the economic crisis can be surpassed by improving the quality of education and by developing an effective management of changes in relation to the external environment changes. This analysis aims at understanding the harmonization of Romanian educational policies with the EU political agenda, it induces conclusions on two levels of topics on several aspects considered important in the evolution of the system and suggests responses in relation to the generated disruptions. The conclusions drawn and the solutions presented can represent the basis of a thorough research which can be used by any educational manager in establishing the decentralization / institutional development strategies
by Grigorescu Adriana & Olteanu Luminiþa Mirela - 225-229 Decentralizing Influence: How Can We Separate Political and Administrative or Administrative and Economical Entities?Abstract:The issue of public organization’s autonomy is day by day more important, both from a practical and theoretical point of view. Distinctively when we take into consideration the administrative organization of entities it can be observed a phenomenon which exists both in OECD countries and in developed ones: the need of institutional autonomy. In the framework of comparative analysis made by Pollitt and Bouckaert regarding the public management it can be noted both a growing tendency of specialization of functions and a decentralization of authorities, from the center to the periphery, correlated with the decreasing size of the public sector through the decreasing of the important birocratic organizations
by Iftene Cristi - 230-235 The Relation between Local Development Strategies and Projects Implemented under ROP 2007-2013 – Axis 5. A Case Study of the Centre RegionAbstract:Tourism is an industry that gained much attention in the past years, both from the media as well as from the business environment, policy makers and civil society. In this context, tourism has been subject to various strategies, plans and policies, at national, regional and local level. But to what degree have these documents been implemented? This paper aims at determining the effectiveness with which tourism development priorities set by regional and local development strategies in the Centre Region have been achieved through projects financed under the Regional Operational Programme 2007-2013, one of the seven operational programmes financed from structural funds in Romania. The analysis offers an insight into the degree to which tourism development and promotion strategies are taken into consideration when writing and submitting applications for EU-funded projects. Thus, the paper poses significant implications both for policy makers and for beneficiaries and potential beneficiaries of projects financed through ROP
by Jaliu Dumitru Drago? & Rãvar Anamaria Sidonia - 236-240 Recommendations for the Insurance of Innovation ManagementAbstract:Nowadays, one of the most important inputs is the innovation. In an economy connected to the global economy, research and development are key elements to creating competitive advantages in the market. Until recently, the quality and productivity were very important to ensuring the competitiveness of an organization. Innovation policy seeks to integrate advances that are foreseen in Europe in areas such as innovation in services, new regulations on State aid for RDI (Research, Development and Innovation), including stimulation of innovative clusters, the European patent and intellectual property rights for digital content
by Popa Daniela & Dobrescu Georgeta - 241-244 Environmental Management And GlobalizationAbstract:For Romania the adoption of an environmental management system is even more important as it may be an evidence of its orientation towards the modern European practices and, at the same time, it can facilitate its contacts and cooperation with external partners. This article deals with the development principles for a modern world with a view to meeting the needs of the current generations, without endangering the possibilities of the future generations to satisfy their own needs
by Rusu-Zagãr Catalin & Zagar Laurentiu & Mocanu Mihaela - 250-255 Identity in the Economical ArealAbstract:Identity is an intricate subject matter, especially when it is placed in the context of globalization. It presupposes sharing language, values and attitudes. That is to say, it places two cultures into contact. This impact may reach to an acculturating process in the economical areal. The present paper focuses on the words, expression and syntagms which are acculturated without being translated. Translation presupposes a difficult process but, if economists just get through a process of adjusting leaving behind the cultural traits, they may reach to foreignization that is an alienation from homeland’s cultural language and values
by ªerban Monica - 256-261 The Economic Development of the Settlements from Oneºti Depression. The Role of SMEs in the Region’s Economy Abstract:In the last 20 years a leading role in developing the economy was undertaken by the small and medium enterprises (SMEs), which tend to replace large industrial units raised during the socialist period. In the Oneºti Depression, in the past, the most important settlements were significantly trading with the surrounding areas, then starting the mid-XIXth century, the industry has become increasingly important, fact which, after 1950, boosted a powerful local centre, Oneºti. In the post-revolutionary period, the decay of industrial giants determined the investment of large amounts in the creation of new SMEs, which have emerged in this region, too. Even if most of them are small-scaled, they better adapt to the economic conditions of the present
by ªtreangã Constantin - 262-267 Economic Impact on the Development of a Locality. Case Study: Oneºti Town Abstract:Among the causes of the occurrence and development of the human settlements, an especially important role had the economic activities. Oneºti town appeared as early as the 15 th century, but remained at the stage of a rural settlement for a long period as a result of a low economic importance in the region. Starting with the 1950s, by building the Borzeºti Industrial Platform the settlement has become a major petrochemical centre of Romania, which turned into a pole of attraction for the population from a large territory. In the postrevolutionary period, local industrial enterprises have faced numerous problems, although most were privatized , they went through major restructurings, had to reduce their long activity, and some were closed. The effects have affected the entire town, which is in a visible decrease in the number of inhabitants, and most of the remaining population is strongly affected by poverty
by ªtreangã Constantin - 268-271 Ecotourism as a Rural Development Tool in Western Black Sea Region, Turkey Abstract:Ecotourism has been recognized as the backbone of economies of many developing countries with unspoilt nature which attracts tourists whose main motivations are natural beauties and local cultures. It provides economic and social benefits to host communities by expanding the community’s economic base. Western Black Sea Region in Turkey is fortunate with its rich ecotourism resources and high potential for the development of ecotourism. This paper aims to explore the ecotourism landscape of Western Black Sea Region and to determine existing ecotourism activities. It also focuses on the impact of ecotourism activities in terms of the development of regional economy
by Turker Nuray - 272-275 The Ways of Counteraction to the Financial-Economic Crisis at the Regional LevelAbstract:The article is devoted to the grounding of directions that can be used by regional government bodies with the aim of minimization of negative influence of financial-economic crisis. The peculiarities of regions as subjects of economic development are considered. The mix of measures is proposed to increase the competitiveness of regional economy in conditions of financial-economic crisis
by Yaremko Larysa & Poliakova Juliia - 277-282 The Factorial Correspondences Analysis of School Population by the Level of Education, at Regional LevelAbstract:This analysis assumes that there are differences between the Romanian regions regarding the structure of school population, by the level of education. Within this framework, there are considered the identification of the structure of the school population, by the level of education, and also the presentation of the differences in this respect between the eight Romanian regions. Thus, depending on the level of education, where the school population operates, we intend to identify the training level profile specific of each region of the country. The data used in this analysis are taken from the Statistical Yearbook of Romania, NIS, Bucharest (Anuarul statistic al României, INS, Bucureºti), 2013, and represent the values of the indicators registered, at regional level, in 2011. [10] [11] The statistical method used in this analysis is the factorial correspondences analysis, applied by means of the SPSS statistical software
by Aivaz Kamer Ainur & Vlãducã Ion - 283-288 Romanian’s Food Consumption and its Implications on Health Condition and Quality of LifeAbstract:The analysis of the food consumption of the Romanian population reveals the fact that a series of foods are consumed in excess, while other nutritional factors register deficient intake, which considerably increases the risk of chronic diseases. Thus, the high saturated fat consumption (foods high in saturated and trans fatty acids), cholesterol, salt, sugar, refined grains and even alcohol increase the incidence of chronic disease risk. Unbalanced consumption of fish and dairy products, fresh fruit and vegetables results into a lower intake of essential amino acids, polyunsaturated fatty acids, vitamins (C, A, B, D, folic acid), calcium and iron, according to recommendations of nutritionists. Therefore, there are required some nutritional recommendations to ensure the optimal nutrient and energy needs of the body, thus reducing the risk of chronic diseases and ensuring the health of the population
by Constandache Mihaela & Stanciu Anca-Cristina & Condrea Elena - 289-293 Hayek’s Economic IdeologyAbstract:A proponent of free-market liberalism, Friedrich A. Hayek made fundamental contributions in political theory, psychology, and economics. His significant intellectual contribution to a number of scholarly disciplines was mainly grounded in his critique of socialist economics. And Hayek's critique of socialism was grounded in his scientific understanding of economics. Many of his contributions are so remarkable that people still read them more than fifty years after they were written. Spontaneous order, also known as self-organization, is one of his major conceptual contributions. It is in fact the spontaneous emergence of order out of seeming chaos from a combination of selfinterested individuals who are not intentionally trying to create order through planning. Hayek is well known for his use of the concept of spontaneous order to praise the market, reject socialism, and argue that moral traditions are the products of evolution
by Cosma Sorinel - 294-298 Bastiat: To See or Not To SeeAbstract:One of the most important liberal theorists of his time, Claude Frédéric Bastiat began as an economic journalist and lobbyist for the free-trade. It took him some years before he made the transition from journalist to theorist, when discovering he had both a facility for writing and some profound insights into how the free market operates. But then he ran out of time when his illness ended his life and he did not have time to flourish fully. Bastiat was indeed a superb writer. His brilliant and witty essays are remarkable to this very day. He was the first, and one of the very few, to be able to convincingly communicate the basic propositions of economics. Bastiat strongly believed that what was really needed was a science of economics that would explain the harmony of a free society. He made a major contribution to this end himself by publishing his incomplete magnum opus Harmonies of Political Economy
by Cosma Sorinel - 299-302 Government Failures in Regulating MarketsAbstract:Assuming the failure of the “magical power” of free market to exploit always the positive influences and to counteract the negatives ones in order to assure the economic equilibrium and progress, the present paper analyses the regulatory or “curative” intervention of public power in economy, often socially justified and really eligible, but in the same time not inerrable
by Gheorghiu Gabriela - 303-307 European SMEs Facing Challenging TimesAbstract:In today’s worsening economic environment, one of the most important roles governments, business leaders, and civic organizations can play is to take action to fuel entrepreneurship. The aims of our paper are to underline in short the importance of small and medium enterprises (SMEs) for the European economic recovery and to present an X-ray of the SMEs sector in the European Union, highlighting the way these enterprises are coping with the various challenges raised by the current economic crisis. The methodological approach is literature review. In spite of the fact that the economic crisis has created a tough climate for SMEs they play an important role in the recovery of the global economy. Above all, the reluctance of the banking system to support ventures and growth seems the worst
by Grigore Ana-Maria & Toma Sorin-George & Grãdinaru Cãtãlin - 308-313 Motivations for Women to Get Into Businesses: a Case Study on Female Entrepreneurs from the North-East Region of RomaniaAbstract:The paper aims to investigate motivations of female entrepreneurs to start their own business within the North-East Region of Romania. It reviews the main motivators for start-up in the case of women and gender differences with regard to start-up motivations. The research discusses the results of a pilot study on a number of female entrepreneurs from the North-East Region of Romania. The findings identify doing enjoyable work and the need for flexible work schedule among the main motivators to get into businesses in the case of women from this region
by Ionescu Dan Dumitru - 314-317 The Extent of the Variation to Greenhouse Gas Emissions – GDP at EU levelAbstract:The purpose of this paper is to measure to which extent the variation of greenhouse gas emissions (GHG) is consistent with the distribution of gross domestic product (GDP), at EU level. For this purpose we used the coefficient of dissimilarities that enables comparisons between the structures of two different variables. We studied the dissimilarities at EU-28 level and for two groups of countries, EU-15 and the group of member states which joined the EU since 2004
by Moise-Titei Adina - 318-321 Empirical Analysis of the Relationship between R&D Expenditures and Labour Productivity for EU CountriesAbstract:This paper presents the impact of R&D expenditures on labour productivity growth for the EU countries, in the time of economic crisis and after this, starting with Mario Coccia’s research. For this reason we took into account two indicators: % of R&D expenditures in GDP and the real rate of labour productivity growth. As you know, at EU level, the quantitative goal is 3% R&D expenditures in GDP, to increase productivity and to respond to the challenges of globalisation and the knowledge-based society. But, not all the time, a 3% value or higher could assure a higher rate for labour productivity growth, as we shall see
by Moise-Titei Adina - 327-332 The Development of Earnings in Romania Before and After the Economic CrisisAbstract:Any economy attaches a significant role to the evolution of the wages in order to determine unemployment and inflation. The rapid increase in the average salary both before and after the emergence of the economic and financial crisis is the reason for this study. This paper is focused on the evolution of nominal and real net salary earnings at the level of the national economy, on economic activities and on development regions and the influence of salary earnings on the inflation rate and on the unemployment rate. The relationships between the salary earnings, the inflation rate and the unemployment rate are studied by means of multifactorial linear regression models. For the analysis of the correlations we took into account a 13-year period, 20002012, and for the evolution of the two studied indicators, the analysed period is 2007 – 2012. For the econometric modelling we used a software package called Eviews
by Nec?ulescu Consuela & ?erbãnescu Lumini?a - 333-336 The Impact of Innovation on Business Growth: Romanian SME SectorAbstract:Today SMEs make up the vast majority of enterprises, and account for a substantial share of gross domestic product (GDP) and workforce. At the same time, researches are written about this majority of small and micro size firms that constitute the core of the economy and they have been interested in innovation and growth for a long time. This study proposes to investigate how the innovation is a crucial concept involving creativity, organization and profitability for Romanian SME sector and how deployment of external resources is influenced by the nature of innovation as well as by the context of the innovation process. The results shows that innovations are implemented in the course of ordinary operational activities hardly noticed from day to day. However, the cumulative effect of innovations is usually sufficient to maintain a competitive position when changes in markets follow predictable patterns
by Oncioiu Ionica - 337-341 Unemployment, a Controversial, Hard to Diminish PhenomenonAbstract:This paper contains the main processes and trends in the field of unemployment and employment. The purpose of this analysis aims more profound knowledge of the phenomenon of unemployment, so, be possible to operate skillfully in solving this problem. By worrisome extent by complex structures,especially the dynamics that changes the rhythms and meanings, unemployment has become a macroeconomic problem
by Pivoda Roxana Mihaela - 342-347 Crisis Impact on the Dynamics of Services Sector, Causes, Effects; Financial-Banking Sector Abstract:Financial crisis, starting from the instability of banking system, has been gradually felt in the entire economy, the credit appreciation causing difficulties in firms financing and, respectively, in investment, leading to a diminishing in growth, consumption, to the fall of social programs. The study expound the context and causes of financial-banking crisis appearance, some aspects regarding the effects felt in lending activity and its adverse consequences, including the impact on the budget and public debt. The paper includes the analysis of some data and statistical indicators, reflected in tables and graphics
by Popa Florina - 348-353 The Rise of the Digital Currency and Its Implications. Bitcoin Between an Artificial Bubble and the Next Economic RevolutionAbstract:The digital revolution has penetrated every corner of modern life in the last ten years. The world we now live in bears little resemblance to even the recent past. And the changes that are coming will disrupt our lives in even greater ways, some good and some harmful. This article aims at analyzing one of these big changes – the digital currency. This concept has gained more and more attention from the media during the past couple of months, especially since the meteoric rise of Bitcoin, the primary such currency existent on the market. This might very well be a pivotal moment in cultural history, shaping our future in ways hard to imagine. For the first time we are talking about digital money that exists outside the control of governments and banks, that has intrinsic proved value and which can be spent anonymously. Alongside its novelty, the complexity of the digital currency concept brings about many contradictory opinions, ranging from those of pure enthusiasts recognizing its raw potential, to those of convinced skeptics viewing it as a merely ephemeral object of speculation. But this tidal wave cannot be stopped, and its path can best be charted by examining this thrilling new human invention more in depth. We will not only try to shed some light upon the technical aspects behind digital currencies, from their underlying principles up to the key question of their security, but we will also carefully consider arguments from both sides of the Bitcoin debate and even peek at the rest of digital currencies out there in order to better understand their fascinating world
by Popovici Veronica - 360-364 Human Resources Management Practices in Europe between Convergence and Divergence DebatesAbstract:The study of human resources management in Europe generated various points of view and debates. A common position has not been yet established. This paper aims to review the main theoretical approaches regarding human resources management practices in European context. The focus will be set on convergencedivergence debate. Presenting the results of the research from these points of view enables a better understanding of human resources management evolution in Europe. It is also possible to identify new research direction concerning human resources management practice
by Antohi Ionut - 365-369 Directions and Ways of Improving the Quality Assurance System Banking in RomaniaAbstract:Increasing the competitiveness of organizations by promoting quality, is a specific and constant concern of the European Union, thus creating, legislative and institutional framework for achieving this goal. This concern is focused on promoting an ambitious policy on qualitythat facilitates increased competitiveness of EU Member States. National model of quality that exists in Romania is based on the philosophy of continuous improvement related to clear values. The last decade and a half has been for the banking system for a period of radical change, which aimed not only upgrading, creating appropriate legal and institutional framework and a diversified banking products and services, and the assimilation of the acquis communautaire and alignment policies, strategies and practices of the European Union. In the present study identified ways and means to improve the quality assurance system of banking services in Romania
by Balaceanu Valeria Arina & Sisea Dana - Gabriela - 374-387 Positioning Strategies for a Tourist DestinationAbstract:Positioning strategies help companies create an imagine in the consumer’s mind and offer them the possibility to create a competitive advantage in the fight with the competition. The aim of the article is to present some of the most important strategies used by companies for a couple of decades so that it will help the reader to better understand the notion of „positioning” and help marketers better position destinations. Consumers nowadays are better informed and have the possibility of using high quality technology which gives them the chance to make comparisons between products. In order to attract the consumer companies use strategies which take into consideration the psychological side of each person
by Cãruntu Andreea Laura & Aldea Roxana Elena - 375-378 Analysis of Employee’s Motivation in Health InstitutionsAbstract:The article presents a survey of employee motivation in a health institution based on ERG theory. The questionnaire was applied during 1.09.2013-1.10.2013 to all 68 employees of the institution. The existential needs include six elements: salary, salary increases, benefits, endowment, area accessibility and clarity of the tasks. The 8 elements that describe the relational needs are: communication between employees, colleague’s devotion, number of friends, trust between employees, professional relationship with head management, free time, flexibility of management decision and team work. The category of growth needs includes: importance of personal works, satisfaction, the power to take decisions, praise and appreciation during the last day, performance evaluation and assessment of progress, the possibility of training and advancement
by Boldureanu Daniel & Boldureanu Gabriela - 388-393 Estimating the Duration of a Project Using PERT TechniqueAbstract:In this study we intend to address two important problems: accomplishing a project, which was designed especially for projects that take place with European funds and eliminating “dead” time. It is known that accomplishing a project implies several types of resources concentrated at one place, but also a series of different activities. All these have to be correlated with one another and also depending on time so as to achieve all the objectives set. We have planned to conduct a brief overview of all steps that are involved in such a project and estimate its duration by using the PERT technique. The novelty consists in the fact that we applied this technique to some training and professional activities, calculating the critical path, the estimated time of the project and the probability of its accomplishment under certain conditions imposed by the decision makers
by Dãneci-Pãtrãu Daniel & Neacºu Gabriela - 394-398 International Maritime Organisation’s Initiatives for Women Integration in the Maritime SectorAbstract:Despite many initiatives to promote equal chances of women access to the maritime sector, worldwide gender equality remains an issue of the XXI century’s maritime sector. This paper is a review of the most important initiatives and actions of the International Maritime Organisation in promoting integration of women in a traditionally maleoriented industry
by Dragomir Cristina & Utureanu Simona - 404-407 Human Resource Policy of Retail Companies – Managers ReviewAbstract:The study present the results of a questionnaire survey of management of large Ukrainian retailers regarding the content and features of the human resource policy in the modern world. The ways of improving of human resource policy of retail companies are suggested
by Gonska Maria - 408-412 ****Abstract:Managerial communication has drawn for many years the attention of the researchers and theoreticians, creating a great number of studies related to this subject. As soon as its value inside the organization is recognized, the efforts of improving the communicative competence have gathered the attention of the managers that are aware of the reality of modern times when communication is an instrument for progress [1]. An essential component of communication, the message is an instrument that can get when it is properly formulated, reactions aiming reaching the objectives of the senders. The message must be persuasive, even manipulative sometimes. These features are imprinted to the message by knowing and mastering the communication techniques, the new discoveries related to linguistic programming and last but not least, by sender's talent. No matter if we talk about big or small organizations with an activity designed for selling services or products, official state institutions, diplomatic representatives, they all require communication, meaning sending messages and linguistic competence
by Grigorescu Adriana & Lupu Maria-Magdalena - 413-418 The Role of Communication and Job Satisfaction on Firm Financial Performance. Analysis on Romanian Tourism Sector.Abstract:Job satisfaction and communication have proved to be two critical aspects of enterprise performance. The present study analyses the relationship between these two non-financial aspects of a firm's activity and a financial measure of performance. The aim is to highlight the importance of job satisfaction and effective communication within firms, as they can lead to greater financial performance. The study uses a quantitative method in order to confirm constructed hypotheses. It consists of a survey among employees within tourism firms located in the SouthernEastern region of Romania
by Ionescu Alexandra & Horga Maria-Gabriela - 423-428 The Influence of Port Activity in the Cultural Life of Local CommunitiesAbstract:The relation between economy and culture has always been seen different in terms of time and space, in theory, by different categories of specialists. We consider that we have overcome a long time ago the conception according to which between economy and culture there is a traditional antagonism, especially based on the theory of value and, sometimes, on the attitude of indiference of certain economists/ economic thinking currents towards culture, and we are, today, capable to admit the interdependent relation between the two human activities. The mutual support that economy and culture can provide for themselves should be valued in the direction of local, regional and cross-border development, but in the same time, could be an important growth factor of social cohesion. To achieve this, we consider that it would be appropriate that this two areas to make the object of various interdisciplinary studies, theoretical and practical. We proposed that this paper to be a step in this direction
by Juganaru Ion-Danut & Juganaru Mariana - 429-434 Determination of the Influence of Port Activity on the Economic Activity and Business Environment by Using Marketing ResearchAbstract:The economic history shows that there has always been a connection between the economic activity of a city or area and its social and cultural aspects. The presence of some natural resources and a certain geographic position determines a prevalently development of a place in a certain activity field, that further attracts also the development of other economic activities, the shaping of a characteristic lifestyle, the outlining of multiple features under the architectural, cultural, educational and artistic aspects. The presence of an important water in the vicinity, has allowed some localities to develop and to rise as ports. It is also the case of Constanta, Calarasi and Ruse. In a cross-border resea rch project, we aimed to discover the influence the port activity has on the economic and social life of these cities
by Juganaru Ion-Danut & Juganaru Mariana - 435-440 Decision Analysis Regarding Business Development Strategic Options Using WinQSB SoftwareAbstract:Purpose - The aim of this paper is to determine the most efficient strategic alternative in the case of a firm which provides consulting services in crisis management, by taking into account the expected values associated to different levels of supplementary services requests from the part of its customers. Design/Methodology/Approach - The information about the strategic alternatives related to the business development strategy of the company involved in crisis management consulting services was collected after a discussion session with its manager. Findings - The determination of expected monetary values associated to the strategic alternatives by means of WinQSB software confirms the hypotheses concerning the feasibility analysis results and the manager's ability to make the right decision from the financial point of view. Originality/value - Our paper reveals the advantages of the decision making process simulation, which was facilitated by WinQSB software
by Micu Angela-Eliza & Capatina Alexandru - 441-444 An Overview of the Marketing Research Methods Appropriate for Tourism Industry in RomaniaAbstract:The main issues affecting the development of tourism in Romania regard the insufficient promotion of the country as a tourism destination, the human resources and the poor quality of tourism services. In order to tackle these problems it is essential in our opinion to give the due importance to marketing research. Marketing research in the case of services has a series of particular traits dictated by the characteristics of services and is focused on the superior understanding of consumers’ needs, perceptions and expectations. Given the recreational nature of tourism, the raising competition among tourism destinations and service providers this focus seems even more legitimate. The paper aims at briefly presenting the most common directions for marketing research at service level and emphasizing the most adequate methods of marketing research that can be successfully employed by the tourism industry in Romania – observation and studies focused on consumer satisfaction
by Moraru Andreea-Daniela & Ghita-Mitrescu Silvia & Duhnea Cristina - 445-448 Quality on Accomodation Services’ Market Case Study: Classic Inn Hotel – BrasovAbstract:n terms of accomodation services diversification, nowadays, the hotel services do not limit only at the accomodation service and is complemented by additional services, being the result of combining a variety of activities. The range of additional services beside accomodation is almost unlimited and hard to divide in relation to the basic function. Their variety is dependent on the conditions offered by technical material equipments in terms of the construction type, equipment degree, comfort category. Quality is an important factor on the hotel services market and that is why, in this article, the quality of services within Classic Inn hotel from Brasov is analysed
by Neacºu Nicoleta Andreea & Madar Anca - 449-453 Consumer Behavior Analysis of Bra?ov Residents Regarding the Choice of Furniture Products Produced by Multinational CompaniesAbstract:The furniture market which is under constant diversification is disputed in Romania by four of the largest retailers namely IKEA, Mobexpert, Kika and Elvila. Although IKEA, the world’s largest furniture retailer holds the largest market share in Romania, the expansion strategy of the Austrian retailer Kika triggers the need to conduct market research in order to investigate consumer behavior when choosing furniture, as the results can be used in developing and implementing marketing strategies adopted by the IKEA multinational company
by Neac?u Nicoleta Andreea & Bãrbulescu Oana - 454-459 Benefits of Executing the Controlling Function Using Performance Management SystemsAbstract:In recent years, the market for on-demand CRM applications suffered especially in the segment of small and medium companies because of the concerns about the cost and the complexity of on request implementations. CRM on demand is a good choice for companies that want to implement standard processes that can use data structures "out of box" with little or not at all internal IT support and does not require complex or real-time integration with back office systems. However, on-demand CRM software is not always as simple as vendors want us to believe. Customizing can be problematic and interface tools of CRM vendors can not provide desired levels of integration. Implementing a hosted CRM system should not take so much as traditional software packages does, but with very large and complex variants it may take even a year. In addition, some companies that hold sensitive data such as financial services could refuse to entrust control of such data to third parties for security reasons. For these reasons, AMR Research believes that by 2012, hosted CRM applications market will be only 12 percent of the total CRM market
by Nicodim Liliana & Tileagã Cosmin - 460-465 Advantages of Competitive Potential StrategiesAbstract:Entry of commercial enterprises play an important role by maintaining active competition for existing businesses and development of innovation and long-term growth. Rules and regulations often restrict the entry have only a negative effect on competition. Moreover there are numerous papers providing evidence that the ability of firms to enter the market and develop normally depends on the ability to attract external funding for new projects to be undertaken
by Niþu Oana & Niþu Claudiu Valentin - 466-470 The Role of Social Media Marketing in Strengthening the Brand ImageAbstract:The presence of companies on Social Media has become a widespread phenomenon, both globally and also in our country. By using these new marketing communication tools, companies have the opportunity to establish and maintain contact with a large number of consumers, and listen to their opinions. Also, Social Media offers various possibilities to connect brands to consumers. But beyond the simple popularization of the brand among a large audience, the marketing actions should serve to consolidating the brand equity. Building a successful brand is a goal pursued by any company, but it requires constant attention to every interaction and experience with the consumers. The marketing communication strategy on Social Media must take into account the general impression and the impact it generates on the brand image
by Platon Otilia-Elena - 471-474 Analytical Methods of Strategic ManagementAbstract:Strategic management is characterized by the growing importance of forecasting and monitoring attributes in a globalized market economy and accelerating technological progress. It can be defined by estimating changes in market and competition, receiving and interpreting the signs of the company, identifying and estimating potential future business. To analyze the company and its environment there are used strategic management methods such as: SWOT Analysis, Michael Porter’s Model, Value Chain and PEST Analysis
by Podaºcã Raluca - 475-478 Study of the Interdependence between Economic Indicators using Statistical MethodsAbstract:Economic indicators, socio-economic phenomena in general, do not evolve independently, being in contact with other economic variables. In many economic decisions it is necessary the study of dependence between variables through statistical methods such as: graphical method, regression method, the correlation report, ANOVA). This gives the possibility that using the knowledge of a particular variable to be predicted the other variables that are in a certain dependency
by Podaºcã Raluca - 479-483 Modern Approach of a Company Strategy. Gazprom Strategic Challenges in EuropeAbstract:During the past decade, competition has increased in almost all countries and the marketing of any product or service has its own characteristics. Today, no serious company can not operate without competition and without a well-defined strategy. Despite various forms and methods of competition, every company is trying to develop competitive strategy to achieve market success. This paper, monitors and evaluates the differences between the objectives and organization’s performance, correct methods and techniques according with the strategy of the external environment changes, explores competitiveness term and modern approaches of Gazprom’s strategy, one of the leading participants in the global energy markets
by Popovici Norina & Moraru Camelia - 489-491 The Analysis of the Benchmarking Method Specific to the Romanian Quality Assurance of Higher Education Abstract:In the last few years we have witness a substantial increase of the public interest towards the educational issue. More and more articles, featured stories and public debates have the topics of education and professional training. The interest for this matter is due to the irreversible progress of the Romanian society towards a genuine democracy. The citizens, the tax-payers are starting to be aware that the public institutions have the obligation of protecting their interests
by Romanescu Marcel-Lauren?iu - 492-495 Dysfunctions in Organizational CommunicationAbstract:Today, more than ever, organizations observed the explosive growth of interest in communication issues and conflicts within them. This extension of the theory, but especially in the daily life, produced an impressive number of questions on the two phenomena, that of communication and conflict, so present in our everyday experience. We live in a world of interdependence in which communication is synonymous with living. For human beings, information and communication are a vital necessity of existence. For being organizational, communication is the act who can trigger existence may facilitate expansion and may determine stagnation or even extinction. Management processes, the communication means perception, interpretation, evaluation and selection. The number of participants is greater communication and objectives, level of culture and education, mentality, personality are various obstacles that arise in the communication path Sunrise more
by Rus Mihaela - 505-508 Opinions Concerning the Regulation of the Banking System in RomaniaAbstract:Rigorous and effective regulation is one of the defining features of banking activity. Analyzed from a historical perspective, the fundamental requirement is recovered in the form of rules of action and behavior imposed bankers antiquity and the Middle Ages. Such rules were set in ancient Rome the classical roman jurists for the two types of operations that you perform the bankers, the formation of deposits of money, not bearing interest and receive loans for which the interest due the lender. The nature and objectives of banking regulations have evolved subject to several factors whose dominant economic factor has always been. In the current context, to international regulations in the banking system in Romania are produced according to certain requirements imposed by the context in which banking institutions runs his business
by Sisea Dana - Gabriela & Balaceanu Valeria Arina - 509-513 The Role of Entrepreneurship in the Economic Security of the StateAbstract:The essence of entrepreneurship term economic security in terms of interpretation by different authors and schools. The description of economic security in terms of functional and structural aspect. Investigated the value of economic security for the operation of competitive business enterprise
by Skrypko Tatiana - 514-519 Operational Risk Management in Banking IndustryAbstract:In current activity, banks facing with a large range of risks related to credit operations and commercial activity, which may generate profit mitigation or even losses. One of these risks is the operational risk, which are a major source of financial loss in the banking sector and which importance grows up in the same time with financial globalization and banking activity diversification. The aim of this paper is to discuss the issues of operational risk management faced by Romanian credit institutions and try to offer them a set of solutions which can be applied in the future to reduce the losses. The Basel II Agreement introduced the individual approach of operational risk, separately from the credit risk and the market risk and this kind of risk it will be presented in this paper
by Sudacevschi Mihaela - 520-523 Corporate China Is Going GlobalAbstract:China’s economic miracle represents a highly debated topic in the literature in the past decades and its emergence as a prosperous modern economic superpower has been largely recognized in the world. China is getting richer and stronger as its market liberalization and enterprise reforms have led to an impressive economic growth. More and more Chinese companies, either state-owned or private, are expanding globally. The aim of our paper is to highlight the major role played by corporate China in today’s business world at a global scale. After corporate China has developed, some of the largest Chinese companies have become key actors in the business world and have obtained huge revenues and profits on the global stage
by Toma Sorin-George & Gradinaru Catalin & Papuc Rãzvan Mihail - 524-528 The Principles and Conditions Necessary to the Development of the Romanian TourismAbstract:To increase efficiency of Romanian tourism is a process that needs involvement of local and national authorities both in supporting the tourism market settlement and, its promotion by public bodies, using subventions and fiscal stimulants. Efficiency of the Romanian tourism management includes creation of necessary conditions for a more efficient interaction of the touristic market with EU organizations (first of all by using organizational and economic forms, and also investments in tourism industry). Thus, it is necessary to improve structural organizational relations in tourism, capable to evaluate and implement software of designing and development of the Romanian tourism and effective activities for the development of the business tourism by stressing the optimal use of touristic resources
by Traºcã Elisabeta - 529-532 The Profile of the Maritime LeaderAbstract:Regardless the current economic situation and the difficult work conditions offshore, a challenge for maritime leaders in the twenty-first century is not just to attract and retain the best seafarers and onshore employees but especially to motivate them to work with passion, energy and enthusiasm. Although there are very few people with intelligence, skill, charisma and initiative, continuing challenges of the real world is to help the less talented to overcome their limitations
by Utureanu Simona & Dragomir Cristina - 534-537 Accounting and Tax Regulations: The Impact on Economic ActivityAbstract:This paper examines the implications of tax and accounting regulations on the activities of economic entities in Romania and upon the financial-accounting reports. There are presented the interdependencies that arise between tax information and data provided by accounting, as well as the specific methods of tax intervention in accounting
by Baba Camelia Mirela - 538-541 Analysis and Assessment of an Organization’s Risks in the Context of Economic InstabilityAbstract:The economic mechanism created in Romania, oriented towards market relations, all forms of property development and the implementation of new methods of management involves the forming of different types of risks. As a result, any economic activity takes place under conditions of risk, which in turn may be more or less serious, more or less known, easier or harder to avoid. Insufficient knowledge of these risks, their assessment unsatisfactory lack adequate protection against these directly affect the outcome of activities. In such conditions, the need for analysis and comprehensive evaluation of enterprise’s risk increases significantly, particularly the risk of economic and financial, being a component of its risk management system
by Bologa Gabriela - 542-547 VLCC Ships Prices and their Influence on Maritime Insurance MarketAbstract:The global economic and financial crisis has repressed the boom of the shipping industry, generating a high volatility of vessels’ prices. With the global expansion of the maritime sector, marine insurance is on the forefront nowadays, more than ever before. As the marine insurance premiums vary according to the value of insured assets and their number, the marine insurance market can be analyzed through the forecast of vessels’ prices within the turbulent business environment
by Burca Ana-Maria & Batrinca Ghiorghe - 548-552 Modeling the Risk in Agreement with the Solvency II Regulations and Possible Implications on the Romanian Insurance MarketAbstract:In the process of capital adequacy, an insurance or re-insurance company is faced with the problem of shaping the risks to which all its entire activity is exposed to. Solvency II Directive 2009/138/EC brings under regulation the evaluation of the technical reserves and the capital requirements allowing the insurance and re-insurance companies to determine the respective sizes using a standard formula of modeling the risks or through the development and implementation of an internal model. In this work, a synthesis of the Solvency II regulations is proposed of modeling risks, and also an analysis on the way in which the respective regulations could influence the activity of insurance companies operating in Romania
by Butaci Casian - 553-557 Internal Audit, Internal Control and Organizational Culture – Active Ingredients in Conquering the CrisisAbstract:The global financial crisis has determined significant changes among financial regulators and market’s participants all over the world. While the main priority was to repair the image of firms involved in financial scandals, we have begun to foresee companies’ preoccupation for changing their culture. Internal audit becomes a crucial factor in organizational changing process. The present paper highlights new internal audit functions, which operate in a close coordination with internal control. Both internal audit and internal control represent active ingredients for effective corporate governance. Our research findings demonstrate that the effective corporate governance and organizational culture are inextricably interrelated
by Carata? Maria Alina & Spãtariu Elena Cerasela & Trandafir Raluca Andreea - 558-563 The Total Asset Efficiency Analysis Based on the Economic Rate of ReturnAbstract:Asset utilization efficiency is one of the main objectives of the firm's managers who manage the company’s assets and it reflects the value volume obtained in the form of profit from financial investments made in the company's assets. The economic rate of return is one of the most important indicators reflecting the economic efficiency of a company; it has the advantage that it is independent of the financial structure of the firm. The paper aims to highlight the expressing way of the economic efficiency through the economic rate of return, which decomposed into components, namely: the gross profit at 1 leu turnover and the turnover at 1 leu total assets, on the one hand and the total asset effectiveness and the efficiency of the use of current assets, on the other hand, helps to make the most effective measures to maximize the return on assets
by Cãruntu Constantin & Lãpãduºi Mihaela Loredana - 564-568 The Influence of the Inflationary Phenomenon on the Financial Reporting of an EntityAbstract:In today’s business context, there is a need for understanding the economic imbalances which can affect the life of an entity. Also, we must emphasize the consequences of these imbalances in the life and the financial reporting of the entities, because the information reported by the accounting may undergo major changes. The inflation is one of the most controversial and complex phenomena in economics, which raises numerous definitions, interpretations and attempts to counter measurement and its effects on the enterprises. This paper attempts to present the effects of the inflationary phenomena on the financial position and performance of an entity, on its monetary accounts and on the financial management and diagnosis, especially on enterprise’s self-financing capacity
by Dicu Roxana-Manuela & Mardiros Daniela-Neonila - 569-573 Fair Value Measurement Of Financial Instruments in Accounting Banking SystemAbstract:Financial instruments in any banking activity are obvious necessary and represented anytime an efficient way to control risks. Nowadays, attention is focused on fair value measurement lightened by IFRS 13. This paper is one of the first part of a more large project aimed we explain the mechanism of such a derivatives use to the hedging of price risks in banking field. The special purpose and research question is to discover the level of assimilation of good practices in this field in Romania. Our study will be empirical based on financial reporting. The qualitative approach follows the critical research method. The core paper is about the fair value measurement used in banking system and try surprising prudence and flexibility. The findings are valuable by reliving critical aspects and risks and are quite interesting for professional groups such as banking managers, accountants and also for students or trainees
by Dobre Elena & Petrascu Daniela - 574-578 Strengthening the Romanian Law Tax Harmonizing Union European RulesAbstract:This paper tries to scrutinise the situation in South East Europe by focusing on two major sources of economic plight in the region and on prospects for economic regeneration. The wars in the region caused enormous pain and suffering, and involved the deaths of a large number of people; there has also been enormous material destruction. In the aftermath of the last major conflict the state of affairs in the Balkans is no less unclear; major uncertainties about future dynamics persist, the political map of the region is still fuzzy and reform policies continue to face major hindrances
by Enea Constantin & Enea Constanþa - 579-582 Why the Firm is the Source for Reducing Transaction CostsAbstract:Governing structures (institutions) are the natural result of the efforts for minimizing transaction costs. As such, selecting the proper governance structure for organizing economic activity is facilitated by transaction characteristics. The firm being seen as an institution is the privilege of neo-institutionalism. We shall begin the analysis of this governance structure by presenting its characteristics: carrying out transactions, the coordinating mechanism and the type of contractual relationship. Then, starting from the hypothesis of the national economy operating as a single firm, we will present the arguments that support this approach, as well as its limitations
by Georgescu Cristina Elena - 583-588 Some Aspects of Measuring Transaction Costs in the BCR-GroupAbstract:In the new institutional economy, the concept of transaction costs takes a pivotal seat in the institutions’ economic analysis. We shall begin the analysis of transaction cost by presenting this concept and some attempts at quantification. This paper takes a micro-economical viewpoint and we treat the majority of expenses, in the accounting of loan institutions, as transaction costs. In the case study performed on the BCR-Group we make use the consolidated financial statements of the BCR Group for the period 2000-2012. A preliminary analysis suggests that transaction costs can be measured over time in this bank but not perfectly. Banking has two types of transaction costs, which move in inverse relationship.Both types of transaction costs are (almost) always changing even as they appear to be converging to equilibrium
by Georgescu Cristina Elena - 589-593 Possible Motivations for the Romanian Banking System to Intensify the Use of Financial DerivativesAbstract:The involvement of commercial banks in transactions with financial derivatives is one of the most controversial topics of the moment. This paper does not aim to resolve the controversy over the relationship between the benefits and the risks of using derivatives by banks, but to find some possible motivations for the banking system in Romania to become more interested in these instruments. The study allowed us to identify at least two reasons for using derivatives by the banks in Romania: the alarming increase of risks in the lending activity and the decrease of profitability of the traditional banking activities. The conclusion that we drew from the analysis is that derivatives may constitute an important tool for hedging credit risk and revival of the banking sector in Romania, provided that they are used with caution by banks
by Ghita-Mitrescu Silvia & Moraru Andreea-Daniela & Duhnea Cristina - 594-597 Considerations on the Need for Consolidated Accounts, on Determining the Consolidation Perimeter and the Percentages of Control and InterestAbstract:The emergence of the groups is linked to the development strategy of the company. Therefore, when the presence on the foreign markets is intensifying or the production is diversifying a lot, enterprises can choose one of the following two possibilities: they either retain their legal unit and create departments or branches, or create new companies that have their own legal personality, being under the control of the parent company
by Guni Claudia Nicoleta & Munteanu Victor - 598-603 General Aspects Concerning Groups of CompaniesAbstract:The general tendency to concentrate several companies is shown due to the fact that a company tries increasingly more not to become vulnerable, and to remain as efficient as possible. This can be done either by integrating the stages of manufacturing distribution of a product, or based on the integration of complementary or similar activities, even if these are of a different nature either in the case of the connections between different enterprises with the only purpose to diversify the risks and maximize the profit
by Guni Claudia Nicoleta & Munteanu Victor - 604-609 Modalities of Financing and Acknowledgement in Accounting for the Worship Entities of RomaniaAbstract:Religion represents a social, but also an individual reality, which must be analyzed in the context of the society, in terms of the institutional process. Considering the worship entities role in the social life of community, they are supported by the state with budgetary subventions, but also with fiscal facilities and citizens sponsorships encouragement. View as a patrimonial entity, each worship institution must organize its own accounting, the bookkeeping being realized in the simple-entry system. The worship entities elaborate yearly their own Budget of Incomes and Expenses, controlling permanently the respecting of legal sources for incomes and legal destinations for expenses. The incomes and expenses are grouped on activities types: activities without lucrative purpose and economic activities. The bookkeeping is yearly verified by the censors commission of the church. On the level of central institutions, the bookkeeping is kept in double-entry system, with Check Balance and Balance Sheet
by Isai Violeta & Radu Riana Iren - 610-614 Responsibility Accounting as Strength of Management AccountingAbstract:The role of management accounting in the creation of information resources is shown. Much of the information is created in the accounting and analytical system. Improvement of managing restaurant business is based on management accounting data. Its strength is responsibility accounting. Approaches to organization of accounting for responsibility centers in enterprises of restaurant business, three types of such accounting and its benefits for management aiming to improve, upgrade and create a new process useful for the client are defined
by Karpenko Olga & Karpenko Daria - 615-620 Development of Internal Corporative Regulations and Accounting StandardsAbstract:It is noted that a national regulation for accounting firms is inappropriate. Good corporate governance is proved to be important to develop internal regulations and accounting standards. The necessity of forming regulations and standards for the three-level hierarchical scheme is indicated. The basic principles which should be kept to build a complete system of rules regulating corporate accounting and reporting are defined. United requirements to the structure, presentation and terminology standards and specified sections of each are developed. We prove that the accounting policy is the same document for the entire corporate union that reflects aspects of accounting and reporting. The conclusion about the possibility of operation of the integrated accounting system in a single information system as part of the common information to provide appropriate economic union is done
by Kutsyk Petro - 621-626 Considerations on the Auditing of Tangible AssetsAbstract:As for the most significant audit procedures and audit tests (content procedures), regarding the auditing of tangible assets, they are represented by: the revision of audit planning works (section B) with the purpose of establishing if the evaluation of inherent risks and control risks related to tangible assets should be or not adjusted; they analyse the accounting policies elaborated by the audited entity for the management of tangible assets accounting; they draw up the ”main table” of tangible assets; they draw up the ”statement of tangible assets entries”; they draw up the ”statement of tangible assets exits”; obtain a detailed statement regarding revaluations; obtain a detailed statement regarding the modernization of tangible assets; analyse the depreciation of tangible assets, etc
by Lenghel Radu Dorin - 627-630 Theoretical Aspects Regarding the Structural DeficitAbstract:The structural deficit issue is important in the current period because it shows an assessment of the fiscal policy and presents the evolution of the economic cycle. This article wants to present the concept of structural deficit, the importance of estimating the structural deficit in evaluating the efficiency of the fiscal and budgetary policy as well as the presentation of the structural budget balance
by Lupulescu-Cãruntu Roxana Corina & Caruntu Andreea Laura & Vezure Oana Sabina - 636-641 The Predictive Analysis of Going Concern Business at the level of Economic EntitiesAbstract:Accounting estimations, predictions and evaluations need consistancy when applying accounting principles. The accounting principles represent a main element in the structure of accounting theory. They make a unitary whole being complementary, and the development of accounting works under normal conditions depends on their correct and integral application. In business environment the principle of going concern is not only as an accounting principle, but also as an absolutely necessary element in the quarantee of financial accounting information. For the users of accounting information there must be clear the reason for which a company is considered to continue its business, which are the assumptions leading to this conclusion and which are the risks for which real developments are different from estimations. The risks about going concern are evident with some economic entities and subtle with others. Therefore, going concern of an economic entity is assured if the risks are prevented and correctly managed
by Morariu Ana & Petroianu Grazia-Oana & Dãucianu (Avram) Mihaela - 642-647 Historical and Cultural Acconting Dimension, References for RomaniaAbstract:Amid the many changes of economic, political, social and cultural nature which influenced the accounting evolution, the objective of this article is to analyze the historical landmarks that have influenced the evolution of accounting in Romania and economic, political influences as their possible implications in accounting. The evolution of accounting in the future is dependent on political and economic developments. The application of International Accounting Standards international will be the future in accounting plan in Romania as well, if the implementation of other political and economic theories could derail this trend. Since 1999, Romania would have to undertake a comprehensive program of training, analysis and consulting on three aspects: accounting, legal and tax. Application of International Financial Reporting Standards should be seen as a strategic direction for entities, a strategy that involves costs budgeting of training staff and joint projects with internal and external specialists in the implementation of IFRS
by Morariu Ana & Daucianu (Avram)Mihaela & Petroianu Grazia – Oana - 648-652 Evaluation Model of a Team Performances of a Mixt Department Based on Chronic Dysfunctions AnalysisAbstract:The aims of this paper is to develop an evaluation model of the team’s performances of a mixt department based on chronic dysfunctions analysis, which isimportantfor achievingcompany objectives and increasing labour productivity. This study uses methods like questionnaire, interview and observation to evaluate a group of employees from different departments, and reveals that implementations of the results of the proposed model have a positive impact over the labour productivity and economic efficiency. Thereby, the importance of this study lies in the awareness that the team performance is built around personal performance of each of its members, and at the same time personal performance is measured in accordance with company’s standards and is supported by personal development level of each person of the team
by Negoescu Gheorghe - 653-657 Analysis of the Impacts of Foreign Currency SavingsAbstract:Studying the ways of training, of the influence factors and of the ways to place people's savings by making such research, offers the possibility of scientific development and reasoning of the appropriate model of population on saving in the difficult conditions in which it is now Romania. Household savings trends are reflected in the standards of living and welfare. Savings, as an influencing factor of the standard of living and welfare depends on the level of inflation, the interest rate liabilities and the income, which suggests that, before drawing any conclusion about saving, changes of the size of people savings should be considered. In Romania, in the current period, occures a series of studies and analyzes, in which, statistically, they are assessed and defined multiple concepts of living. These studies were signed by researchers from the National Institute of Statistics, the National Bank and the Deposit Guarantee Fund in the Banking System
by Nicodim Liliana & Tileagã Cosmin - 658-662 A Discussion of Fair Value Accounting and Accounting Measurement RegimesAbstract:Accounting is sometimes seen as a veil—as a mere detail of measurement—leaving the economic fundamentals unaffected. The validity of such a view would be overwhelming in the context of completely frictionless competitive markets. Accounting would be irrelevant in such a world, since market prices are fully observable and common knowledge among all. Or, to put it another way, accounting is relevant only because we live in an imperfect world where transaction prices may not correspond to the hypothetical market prices that would prevail in frictionless competitive markets. Therefore, the nature and consequences of the imperfections are key to the debate about mark—to—market / fair value accounting versus historical cost accounting. Proponents of fair value accounting argue that the market price of an asset or liability reflects the amount at which that asset or liability could be bought or sold in a current transaction between willing parties
by Nicolae Traian Cristin - 663-666 Financial Risk Management for the Enterprise L'Oreal ParisAbstract:By choosing this theme (Financial risk management of an enterprise) I intend to highlight a problem by which understanding can explain the causes of economic success or failure. The choice of research theme regarding the study of risk strategies in companies can be justified by the increasingly higher interest manifested by theoretical and applied studies occurred over time. The basic principle of the paper is to provide a conceptual framework for analyzing and identifying ways of minimizing risks that can disrupt the running processes underlying the activities of firms, organizations, enterprises, companies. The lendmarks of the company management, in devising a risk strategy, guides the manager on identifying and correctly assessing the risk and adopting appropriate measures to mitigate and combat the negative effects of its materialization
by Niþu Oana & Ni?u Claudiu Valentin - 667-672 Evaluation of Knowledge-based Assets in the Modern EconomyAbstract:A great challenge of modern economy is the valuation of intangible assets and special knowledge asset. Emergence of the modern economy has been accompanied by plans doctrinal formulation of a series of distinctive concepts to justify the company's performance based on a relationship of cause and effect. Cases were identified in the presence of certain resources not recognized in the accounting plan and have been treated as assets. The concept of invisible assets described gathers information based assets, namely: technology, customer trust, image and reputation, organizational culture and management skills. Information is also an important factor in the modern economy of production. It is about both form and substance of intellectual capital as a separate item in the computer. The hardest decision of the assessment remains the choice of the most appropriate methods for valuing assets based on knowledge
by Pepi Mitica - 673-676 Taxation and Tax Code in RomaniaAbstract:Romania adopted Tax Code establishing the legal framework for taxes and social security contributions. These are revenues to the state budget, local budgets, social security, and social insurance fund budget for health and unemployment insurance fund to pay salaries. This specifies VAT taxpayers are required to pay these taxes and social contributions, the calculation and payment thereof. This legislation includes the modification of these taxes and social contributions. Tax Code allows the Ministry of Finance to develop detailed rules, instructions and orders to implement this code and how to avoid double taxation
by Popa George Dorel - 677-680 Tax Fraud in RomaniaAbstract:In a permanent effort to reduce the annual taxes paid to the state, the taxpayer use different methods. Some of these are legal methods and are permitted by law. Others are illegal methods punishable by Romanian criminal law. Among the most common methods to avoid paying taxes is found fraud. Tax fraud is the omission of highlighting in the books or in other legal documents, commercial operations or revenues incurred. Tax fraud can occur as highlighting, accounting documents and other legal documents. Other method is to hide the commercial transactions or other operations issuing fictitious evidence. Finally, it is tax fraud the altering, destroying or concealing accounting documents, electronic memoires or electronic cash registers or other means of technical data storage
by Popa George Dorel - 681-685 The Interest of Shareholders in Terms of IFRS vs. U.S. GAAPAbstract:Found transfer to the emerging markets by investments, is requiring knowledge about the world’s two main accounting systems: Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). IFRS is used in the European Union and many other countries although GAAP system is used principally in the United States. Many countries have their own accounting systems, although most conform to one main system or the other as they work to keep their markets modern. All accounting systems follow double-entry practices that categorize transactions as revenue or expenses, assets or liabilities. In the paper we intend to underline differences between the two primary accounting systems that may affect the results. We appreciate that the understanding about both GAAP and IFRS, it can make a better evaluation of numbers from companies that follow neither system
by Radu Riana Iren & Isai Violeta - 686-692 The Euro Changeover Monetary Strategies of the European States that Joined the European Union: Bulgaria, Romania, Hungary, Czech Republic and PolandAbstract:One of the most ambitious projects undertaken by the European Union focuses on its own expansion, through the reunification of the European continent, its people and legislative framework. The desire to become members of the European Union has led to decisions on democracy and market economy and encouraged the continuation of the tendency to reform. These new states had to undertake a series of reforms in the legislation in order to align to the requirements of the Maastricht criteria for adopting euro and becoming mmembers of the European Monetary Union, for completing their integration process
by Radulescu Magdalena & Stanciu Radu - 693-696 The Impact of Research and Innovation Activity in a Knowledge SocietyAbstract:The knowledge society is the stage where mankind is found and aims to raise the living standards of population but also to increase the level of knowledge. To achieve this latter goal, the states of the world, and especially those in the European Union, must ensure an adequate funding for its realization, and therefore in 2011 it was decided at EU level the achievement of an Innovation Union, in which are to be involved all the European countries, while to stimulate and finance research and innovation the Horizon 2020 program was proposed
by Rus Mircea-Iosif - 697-702 Specific Features of Bank Financing for Companies in Restructuring ProceduresAbstract:In the context of the restructuring process, the rapid responsiveness of companies to adapt to the requirements and conditions of the economic environment becomes essential for survival and even for growth. In this economic environment, banks need to understand that the relationship with borrowers must be carried by different rules than those for common situations. In this regard, the bank's policy must be one that encourages cashing loans, understanding the fact that the main asset is the client, encouraging even partial payments rigidity not being recommended. This paper aims to reveal the solutions developed by support lenders like banks for the firms in restructuring procedures, focusing on their specific elements, while illustrating their advantages and disadvantages
by Sãveanu Cristina & Tofãnicã Ramona-Ionela - 703-707 Financial Security of Ukraine in the Post-crisis WorldAbstract:Characteristics of financial security indicators and essential risks and threats of economic security of the state are derived in financial sphere with their potential negative influence on the Ukraine’s economy. Different approaches to measuring the level of financial security as a key component of the system of maintaining economic security are offered
by Shchurko Ulyana - 708-711 Economic Risks during the Current Economic CrisisAbstract:Today’s business environment is constantly changing. We are witnessing a very unpredictable and volatile economic context which faces a number of serious risks. Market’s participants view risks as a necessary evil and therefore they should find out effective solutions for minimising them. Risk identification and assessment become the main mechanisms for managers all over the world in their fight for determining risk responses. Risk assessment could be seen as a systemic process used for identifying and evaluating the events that interfere in the achievement of companies’ objectives, having positive or negative consequences. Especially during this period of the economic crisis, the risk assessment process should be refreshed in order to deliver the best possible solutions able to ensure companies’ survival on market
by Sintea Lucica - 712-715 Internal Audit and Added Value for CompaniesAbstract:The complexity of business nowadays underlines the importance of the internal audit function in organizations. Because of the market volatility, high degree of complexity, regulatory and political changes, the risk is increasing, and companies need to determine proper strategies for internal audit in order to create value for the companies. The present article intends to shed light on the importance and the ability of internal audit to create value for companies. Also, it briefly presents the role of internal audit in islamic zone
by Spãtariu Elena Cerasela & Seria Crina & Carata? Maria Alina - 716-719 Economic and Financial Analysis – Integrated Part of the Economic and Social Dimension through the Specter of the Positive Theory of AccountingAbstract:Financial analysis was always considered a reliable instrument for companies, knowing a multitude of changes over time in accordance to the social, economic or governance demands. The purpose of this paper is the interdisciplinary description of elements in financial analysis, highlighting its role starting from the assumption that financial analysis information was a necessary stage in enterprise business continuity, and then turned into an integral part in social and economic dynamics, reaching eventually to be an impact factor for economic development
by Stefan-Duicu Viorica Mirela & Stefan-Duicu Adrian - 720-723 The Romanian Banking System’s EfficiencyAbstract:This paper is a review of the literature on the concept of efficiency, especially in the banking system of our country expressing our opinion regarding the banking system in Romania at the beginning of the global crisis. Data were collected for the period December 2008 - June 2013
by Tofãnicã Ramona-Ionela & Sãveanu Cristina - 724-727 Certain Aspects of Administrative and Financial Decentralization, Vital Condition of the Development of Public AdministrationAbstract:Public finances as goods data are meant to provide optimum conditions in terms of optimal use of the financial resources of citizens-taxpayers-final consumers. If it is quite complicated to determine the financial resources required at singular, individual level, then it is all the more difficult to the group level or, in other words, at the macroeconomic level in order to achieve this aim. Through public finance it must be ensured, if it could be possible this aim, a specific fiscal equity that can be assimilated by all members of society, through proper redistribution of gross domestic product
by Vezure Oana Sabina & Lupulescu-Cãruntu Roxana Corina - 728-733 The Volatility of International Prices During the CrisisAbstract:This crisis imposes with its amplitude and the foreseen duration in time, a strict reconsideration of the whole economico-social system and especially of the financial one. One of the most sensitive aspects is the one of the stability of raw material and agricultural products prices. Volatility prices and its effects upon food safety is a complex matter with drastic effects on short and long term, with a negative impact on the consumers and manufacturers from the developed countries or country which are developing. Another distinction is made between the set of necessary measures in order to prevent volatility and the one to reduce its consequences. The conclusion is that, in the conditions of strong ties on the international market and national markets to solve the problem would take a coordinated effort at a global level
by Vlad Costica
May 2013, Volume XIII, Issue 1
- 2-7 The Influence of Quality of Life Indicators on Migration in Europe
by Ardelean Andreea & Burciu Andreea & Titan Emilia - 8-12 Globalisation- Complex Network Of Socio Economic Energy Centers
by Bãlãºescu Florin Rãzvan & Barac Dorina Amalia - 13-18 Aspects of International Banking Globalization
by Botiº Sorina - 19-23 Analysis of Romania's Foreign Trade Policy
by Burghelea Cristina & Dumitrescu Miron & Cristea Dan Gabriel - 24-28 China and her Influence on the New World Order in the Context of the Nuclear Threats of North Coreea
by Culi?ã Gica Gherghina - 29-32 Characteristics of Labor Supply in Shipping
by Grigorut Cornel & Nistor Filip & Popa Catalin - 33-36 The Contemporary Crisis and its Determinative Factors within Globalization Framework
by Grigorut Corneliu & Popa Catalin & Nistor Filip - 37-42 Reducing Public Debt in the Aftermath of the Financial Crisis: Renewing with Financial Repression
by Halep Maria - 43-48 Monetary Policy Efficiency and Challenges Lying Ahead in the Aftermath of the Financial Crisis
by Halep Maria - 49-54 The Regionalism – Challenges on the Multilateral Trading System
by Kicsi Rozalia Iuliana - 55-58 Public and Private Sector Involvement in Medical Tourism Developing and Support
by Lincã Aurora Costina & Stãnciulescu Gabriela Cecilia Julieta & Bulin Daniel - 59-62 In the Spotlight of the Financial Globalization
by Lupu Iulia & Criste Adina - 63-68 LSP and Communication Skills for Economics Students
by Maruntelu Carmen-Liliana & Dumitrascu Elena - 69-73 The Evolution Of Romania’ Foreign Direct Investment During The Current Crisis Period
by Miþac Mirela Claudia - 74-77 Figures of Speech in Legal Rhetoric
by Popa George Dorel - 78-81 Local Police in Romania
by Popa George Dorel - 82-87 The Cybernetic System of National Economy and Foreign Investment
by Popa Suzana - 88-91 The Theories of the Comparative and the Competitive Advantages in the International Trade
by Popa Suzana - 92-96 The Effects of Risk Events on the Efficiency of Financial Market
by Sãveanu Cristina - 97-100 From Tulips to Black Swans – Have the Financial Rules Changed?
by Stoian Andrei & Becherescu Radu - 101-104 Strategy of Competitive Forces in the Air Transport
by Utureanu Simona-Luize - 105-110 International Investments, Comparative Analysis Romania-European Union
by Vîrlãnuþã Florina Oana - 118-121 From the National Cabotage to the “Blue Belt”
by Anechitoae Constantin & Buzarna-Tihenea (Gãlbeazã) Alina - 122-125 Elements of Maritime Labor Law
by Anechitoae Constantin & Buzarna-Tihenea (Gãlbeazã) Alina - 126-131 European Financial Integration and the Recent Crisis
by Apãtãchioae Adina - 132-137 Coordinates of a New European Banking Model
by Avadanei Anamaria & Tomuleasa Ioana-Iuliana - 138-142 The Impact of the Economic Crisis on the Cohesion Policy
by Badoiu Catalina Mihaela - 143-147 Freedom of Movement of Goods, Persons, Services and Capital
by Brasoveanu Florica - 148-151 The Role of the Approval Procedure of Economic and Social Activities with Environmental Impact
by Brasoveanu Florica - 152-157 On the Economic Development of Romania as a Member of EU in the Frame of the Global Economic Crisis
by Bucur Iulia Andreea - 158-163 Migration in the EU- Between Brain Drain and Cheap Workforce Transfer
by Burciu Andreea & Ardelean Andreea - 164-169 FDI Impact on CEECs Development under the EU Integration
by Carp Lenuþa - 170-174 Analysis of the Degree of Absorption of EU Funds, 2007-2013
by Ciobanu Carmen Liliana - 175-178 Gross Domestic Product and the Investment percent in Romania and in the European Union
by Constantin Sanda - 179-183 The European Project beyond the Financial Crisis
by Criste Adina & Lupu Iulia - 184-189 Challenges of the National Bank of Romania’s Monetary Policy on the Road to the Euro Area
by Damian Monica - 190-194 The Relationship Between FDI and Convergence Under the Current Evolution of the Global Economy. Aspects Regarding The New Member States
by Dârzan Mihaela - 195-199 An Analysis of the Energy Efficiency of the EU Economy in the Context of Sustainable Development
by Ghita Simona - 200-204 Operational Risk Disclosures in Hungarian Commercial Banks
by Herghiligiu Roxana - 205-210 European Banking Integration in the Aftermath of the Global Crisis: the Case of the New EU Member Countries
by Ilu? Bogdan - 211-214 The Social Law Rules Developed by the Council of Europe
by Larion Alina Paula & Chirtoacã Natalia - 215-219 Trade integration of the Central and Eastern European economies with the Euro area
by Marinaº Marius-Corneliu - 220-225 Business Cycles Synchronization with the Euro Area. The Case of CEE Countries
by Marinaº Marius-Corneliu - 226-231 Aspects of Some Problems of the Euro Area Member States
by Milea Camelia & Ailincã Alina Georgeta & Iordache Floarea - 232-237 The Incidence of Environmental Taxes on the Economic Competitiveness
by Moldovan Nicoleta–Claudia & Corduneanu Carmen - 238-243 The Liquidity of the Financial System and the Sovereign Debt Crisis in Europe – Is There a Solution?
by Nedelcu Monica Letitia - 244-249 The Effects of Creating the European Union Bank, on the Banking System in Romania
by Neguri?ã Octav - 250-254 Corruption, with Emphasis on Health System
by Panã Cristina Elena & Niºulescu-Ashrafzadeh Ileana - 255-258 Mihail Manoilescu, a Professor of the Polytechnic School
by Paiusan Robert - 259-264 Economic Development and Migration in European Union
by Prada Elena - 265-270 Evolutions and Trends in the European Microfinance Market
by Roman Angela & ?argu Alina Camelia - 271-274 Moldova in the Eastern Partnership: Free Trade Attempts, Asymmetric Benefits
by Sandu Ioana - 275-279 Administrative Perspectives Concerning the European Economic Relations
by ªeitan Silviu-Marius - 281-286 Analysis Models of Local Development Stakeholders
by Anghel Cristian & Rãdulescu Corina & Toader Rita - 287-292 Strategic Approach of the Cultural Environment from Baia Mare
by Anghel Cristian & Rãdulescu Corina & Toader Cezar