Few studies have investigated the relationship between the current global financial crisis and FDI flows. This paper aims to analyze such a relationship for Romania`s case even if in Romania the impact of the financial crisis on the economy, although major, it had mainly manifested itself...

A long time ago, at one of the opening ceremonies of the academic year, the Rector of the Iasi University said that the main characteristic of this institution is that it had been a European academic institution. His concern was not so much about the geographic location, although it is a feature...

Corporate governance is a relatively recent field of economic research. Interest in this field has been spurred by the high number of corporate scandals at the turn of the 21st century (Enron, Tyco, Adelphia, WorldCom, etc.). They opened the eyes of the public all over the world to the abuses...

The institutional and organizational change was the subject of a rich literature for a long time. There are several specialized fields ( e.g. institutional economics, organizations theory etc.) and interdisciplinary approaches focused on the understanding and predicting changes of institutions...

Long time ago, an Austrian economist, Friedrich von Hayek, thought that the fundamental problem of economics is not to study the optimum use of scare resources for limitless and competing needs, but to analyze efficient use of information and knowledge which are largely spread in society....

The aim of this paper is to analyze comparatively and critically the solutions adopted on international level by the European Union and also by different countries. In the first part, the paper aims at emphasizing the causes of the global economic and financial crisis and its features, including...