The present article deals with aspects related to the transition to a new model of economy - the circular economy - a more appropriate model for the current tendencies of ensuring the sustainability of economic processes. Tourism, as an economic branch with strong dynamics in recent years, is...

The present article deals with aspects related to the transition to a new model of economy - the circular economy - a more appropriate model for the current tendencies of ensuring the sustainability of economic processes. Tourism, as an economic branch with strong dynamics in recent years, is...

Financial management implies a complex and extensive area of interest with deep connections with financial analysis, corporate finance and risk management. Thus, risk management is an integrative part of the financial management, referring to the set of actions and strategies performed in order...

Propagation of financial crises and limit their impact is a concern of many economists. Work studies about contagion occurred primarily through information correlation or liquidity. The information channel related to price changes in one market is perceived to have implications on other market...

Liquidity crisis emerged in the U.S. market had a significant impact on the European financial markets. To restore confidence in the financial system, authorities took measures to reduce systemic risk and limit the impact on the economy. These measures were aimed at monetary stimulus,fiscal,...

Currently, Europe and the entire world is hit by the most serious financial crisis of the past 80 years aroused from the United States sub-mortgage market falling.The countries’ governments together with main financial institutions, are required to take an exceptional series of decisions,...

Currently, Europe and the entire world is hit by the most serious financial crisis of the past 80 years aroused from the United States sub-mortgage market falling.The countries’ governments together with main financial institutions, are required to take an exceptional series of decisions,...

Minimizing volatility is an important objective stated by regulatory bodies and guvernments in our days. The high volatility of the international capital markets, and the narrowed capacity of handling this volatility, makes countries beneficiary of contagion and so vulnerable to shocks and...

In the actual world economic framework, in which the financial crisis is running at full steam, and is being felt, not in the least, by the small and medium enterprises, the fiscal impact of the social taxes and contributions levied on employed labour (id est, on employed labour income) is of...

The convergence is an essential objective of the integration process of Romania in the European Union. Minimizing gaps in the level of development that arise between Romania and the average European Union can not be achieved solely through the use of mar