Posted on 15 December 2015. Tags: debt structure, external debt, external loans
The present paper is studying the evolution of Romania’s foreign debt before and post accession in the European Union, namely the period 2000 – 2013, in the large context of the specific macroeconomic policy objectives of the times. According to our research results, the economic effect of external debt may be considered positive and for […]
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Posted in Economics, Information Technology, Knowledge Management, Volume V, Issue no. 6
Posted on 15 December 2015. Tags: activity’s continuity, bankruptcy, debts, economic crisis, insolvency procedure
The lack of a propitious economic environment made the number of companies in Romania that became insolvent to progressively grow from one year to another, even though average sales registered in the year of starting the procedure were larger than the ones in previous years. The performed study presents on one side the evolution of […]
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Posted in Economics, Information Technology, Knowledge Management, Volume V, Issue no. 6
Posted on 15 December 2015. Tags: economic crisis, fiscal revenues, fiscal system, tax collection
Fiscal policies must ensure the stability of taxes and duties and to propose an optimal level of taxation that does not stop economic activity and do not aggravate the financial situation of the population. Measures concerning taxation system should have the effect of training on tax payers and coordinate proper location and collection of taxes. […]
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Posted in Economics, Information Technology, Knowledge Management, Volume V, Issue no. 6
Posted on 15 December 2015. Tags: Government spending, social protection and income inequality
The relationship between social protection, growth and income inequality is an important issue in modern societies. However, there exists no consensus about these relationships because government activity could be carried out inefficiently, due to excessive burdens or even because it can reduce the productivity of the system. In this paper, the correlation between social expenditure, […]
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Posted in Economics, Information Technology, Knowledge Management, Volume V, Issue no. 6
Posted on 15 December 2015. Tags: economic development, economic growth, globalization, Solow’s model, Total Factors Productivity
This paper tries to design the proper framework for highlighting the importance of globalization and the meaning of it being the engine for economic growth. Globalization and economic growth go hand in hand and are empowered by the Solow’s model influence, which is translated as sustainable economic development, which also could be accelerated by using […]
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Posted in Economics, Information Technology, Knowledge Management, Volume V, Issue no. 6
Posted on 15 December 2015. Tags: health, income, subjective wellbeing, sustainable development, wealth
Why it is so important to maintain a continuous economic growth within a planet showing clear signs of its exhaustion is an important issue that is questioned more and more often in the last decade or so. The main motivation is to create the resources needed for people to live better and to be happy. […]
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Posted in Economics, Information Technology, Volume V, Issue no. 6