The global financial and economic crisis has revealed that the missing pillar of financial stability architecture was the macroprudential approach of the financial supervision and designing of the prudential policy is considered one of the key elements of the post-crisis reforms. The micro-and...

The concept of sustainable development refers implicitly to financial issues at both macro and microeconomic levels. The correlated substantiation of the two major decisions of Economics - investment and funding - imposed a detailed analysis of the financial structure. The financial crisis...

This work proposes to remove the current impact of the financial crisis in Romania, the current public debt, and a perspective of its next years. Also the structure of the public debt is analyzed on types of instruments, i.e state loans, bonds, the bonds, eurobonds. Their is even risks detailed...

Romanian public administration reform is one of the main challenges Romania faces today. The development of the public services is one of the main goals of the administrative reform. This article contains information about the efforts that Romania made in the process for reform through long term...

Underground economy in Romania is particularly undeclared activities and less illegal activities. I circumvented the statements, those activities and would have to pay income taxes, but do not do it willingly. Underground economy consists of all economic activities in an organized manner, with...

From the tulip mania back in the 17th century in Holland up to the US subprime crisis considered by many a “black swan” – the unpredictable and improbable event that had such a great impact, the financial world has been hit by many crises. This paper emphasizes the idea that although most...

This paper presents some effects of the current international economic and financial crisis on the main macroeconomic variables. For this purpose, are valued the direct and indirect influences, on short and mediumterm, of the crisis on direct investment, on employment, on the non-governmental...

In developing countries, governments are tempted to, and they often do finance their budget deficits by issuing currency. This leads to inflation, and ultimately, the source of the incomes to the budget are the inflation tax and the seigniorage. The mechanism that is used is the direct loan,...

This paper analyzes the impact that the global crisis has on the labour market both in Romania and in Europe. The financial crisis is felt in Europe in most of the economic sectors (automotive, chemicals, transport, Real Estate) and everything suggests that the negative effects will extend to...

In almost every area of human activity there are concerns regarding malfunctions that may occur within it. Therefore, there are studies about the causes, the mode of occurrence, manifestations and consequences of these deviations which act as the economic crises. The current crisis differs from...