This paper investigates the effects of immigration flows and their human capital content on per capita GDP variation in 24 OECD host countries. Theoretical models concludes that the effect of immigrants in host country's income depends on the human capital content of migrants (Benhabib, 1996);...

This paper is aimed at discussing the role of institutions in explaining policy outcomes in rural development. After a discussion of the theoretical framework, we have proposed a model to understand and analysing why bad policies persist over time and what are the effects on policy institutions...

Many specialists consider that at the base of the existing depression there is an improperly regulated financial system that points out severe weaknesses of the new liberalism. The existing world financial depression, especially its control points out the recurrent idea of the government...

The aim of the current paper is to discuss the sustainability aspect of biorefinery systems with focus on biomass supply chains, processing of biomass feedstocks in biorefinery platforms and sustainability assessment methodologies. From the stand point of sustainability, it is important to...

Personally, I strongly believe that it is very difficult to imagine today’s civilized world without computers and Information Technology. Within a relative short period of time, computing has been implemented in all the possible domains of activity. Technology has developed rapidly and the...

The purpose of this paper is to show that the monetary policy credibility and transparency represent two powerful sources for the improvement of macroeconomic performances. In order to achieve this goal, the authors adapted the methodology developed by Kr

Sustainable development is development that combines the present requirements without compromising the ability of future generations to meet their own needs. Sustainability is therefore characterized by three main aspects often in conflict: the economic aspect (effectiveness), the social...

The managerial methodology represents a domain of great interest for the efficiency of Romanian banks. It regards the promoting and the using of modern management systems, methods and techniques that represent a condition for their managerial, economic and commercial success. The efficiency and...