Posted on 15 April 2014.
The Small and Medium Enterprise sector in Romania has been significantly affected by the global recession in the years 2008-2009; currently it is making efforts to revive it, thanks to important role it occupies in the economy of any country. SMEs raise wide debates, especially on fiscal measures. In Romania, SMEs represent 99.7% of all businesses, generating two-thirds of jobs in the business and half of gross value added. This paper focuses on the development of SMEs and hence on business environment in Romania. The purpose of this paper is to present the influence which regulations and evolution of businesses environment have on the SME sector.
The Influence of the Business Environment on Small and Medium Enterprises (415.5 KiB, 416 hits)
Posted in Economics, Knowledge Management, Volume IV, Issue no. 2
Posted on 15 December 2013.
This article’s goal is to compare the impact of the global economic crisis on the corporate insolvency’s evolution in the EU and India in the period 2007- 2012. We want to highlight India’s position compared to the European Union in terms of time, cost of insolvency and recovery rate and to propose specific measures to improve its situation.
The Corporate Insolvency’s Evolution in the EU and India in the Period 2007-2012 (908.9 KiB, 366 hits)
Posted in Economics, Volume III, Issue no. 6
Posted on 15 June 2011.
In many countries, anti-crisis public measures focus on higher public investment or investment in public objectives, like investment in infrastructure projects, as an important mean to maintain economic activity during the crisis and support a rapid return to sustained economic growth. An instrument to realize these investments is the Public-Private Partnership (hereinafter PPP).
Nevertheless, PPP’s are vulnerable to the economic impact of the crisis. Although the final consequences and duration of the crisis are not yet known, the effects on PPP’s can already be identified and estimated. The crisis has made the conditions for this instrument more difficult. Despite some signs of recovery, the volumes and values of the PPP projects currently closing is still significantly below the level reached before the crisis.
The topic of PPP financing has never been more important than under the current crisis. Alternative innovative solutions are being sought, new markets need to be opened in order to enable the further development of PPP, the stakeholder organizations have to increase their level of understanding regarding the new environment for PPP.
The Financing of Public - Private Partnership (Ppp) Projects in Romania - An Evaluation of the Awareness and Know- How among Romanian Organizations (844.9 KiB, 2,069 hits)
Posted in Economics, Issue no. 4, Knowledge Management
Posted on 15 February 2011.
Unemployment in Romania during the crisis has increased significantly from 7.2% in March 2008 to 10.1% in March 2010. To cover the debt caused by the economic crisis in Romania, the Government has fired over 100,000 employees, but also in the private sector have been fired over 150,000 workers. To combat unemployment there are 3 methods, but in many cases, these measures do have the effect of increasing the number and intensity of labor market barriers, increasing unemployment.
Unemployment in Romania during the crisis (233.2 KiB, 1,214 hits)
Posted in Economics, Issue no. 2