Under the global crisis impact the structure of international trade flows witnessed significant changes. In the case of Romania, paradoxically for an emerging country, in terms of product composition during 2007-2010, the share of capital goods decreased in total imports and increased in total...

The paper focuses on the current system of country risk assessment by the main rating agencies, pointing out some of its weaknesses. Under these circumstances, was found that Romania is overrated by the international agencies, mainly due to political reasons, related to the close accession of...

The study is focusing on excessive current account deficits accumulation which is endangering the perspectives of Romania’s long-term external financial position. In order to reveal the real drivers of current account balance, the development of two distinctly components of the foreign trade...

The balance of the financial exercise 2007-2013 revealed an absorption rate of 27% from the total EU Budget allocations for SCF in the case of Romania. This ratio, the lowest among CEE countries, has been under the influence of various causes, within the system of SCF accessing i.e. at the level...

The financial execution of EU allocations for the programming period 2007-2013 has shown a SCF absorption rate of only 27% in the case of Romania. The study reveals that, compared to selected EU Member States, most of them CEE countries, this represents the lowest level of absorption rate. The...

Under the circumstances of rising and persistent deficits in the Romanian foreign trade, the contribution of net exports to the GDP growth remains negative, in 2005 halving practically the domestic demand increase. One factor behind this trend is the IPT (Inward Processing Trade) which doesn’t...

The study is emphasizing the weak performances of the Romanian economy, unable to turn positive the current account deficits. On the contrary, because of rising problems in deficits financing through autonomous flows, the debt accumulation could lead Romania on the brink of entering a financial...

We use the autoregressive distributed lag (ARDL) bounds testing approach for cointegration with structural breaks and the vector error correction model (VECM) Granger causality approach in order to investigate relationships between per capita CO2 emissions, GDP, renewable and non-renewable...

Based on the Environmental Kuznets Curve (EKC) hypothesis, this paper uses panel cointegration techniques to investigate the short and the long-run relationship between CO2 emissions, economic growth, renewable energy consumption and trade openness for a panel of 24 Sub-Saharan Africa countries...

We use the autoregressive distributed lag (ARDL) bounds approach to cointegration in order to investigate the short and long-run relationship between per capita CO2 emission, GDP, renewable and non-renewable energy consumption and trade openness for Tunisia during the period 1980-2009. The...