This paper focuses on the role of institutions in enhancing economic growth. Attention to the institutional environment has become increasingly common in economic history and it has deeply enriched our understanding of how economies develop through time. Economic development is no longer...

The continuous liberalization of the international trade and foreign investments has established a political framework which promote the economical international relations. The liberalization has allowed the new technologies to be used on the international markets. A lot of countries become more...

The european model is confronted with a potential crise. Economic convergence concerns the gaps in living standards between countries: are they closing or widening, and at what speed? Are relatively poor economies to remain poor for many generations? Are the rich countries of next century to be...

The transitional recession in countries of Eastern Europe has been much longer than expected. The legacy and recent policy mistakes have both contributed to the slow progress. As structural reforms and gradual institution building have taken hold, the post-socialist economics have started to...

This article is expressing the authors’ point of view as regards the economic and social evolution of Romania during 2005. After highlighting the basic elements of the general frame to consider for Romania in 2005, the article develops the analysis by the main sectors of activity. The Gross...

This paper evaluates the determinants of growth in GDP per capita in industrialized countries and the lessons for the Romanian economy. How can Romanian economy grow faster? The neoclassical model show that the important determinants of growth are technical progress, increased labor supply and...

“The human development” concept was born in a period characterized by an important number of events that have caused important changes of the geo-political factors as well as essential mutations at economic and social level. This period is known as the “post-war era”. In this era, the...

The paper uses standard econometric techniques and the Logistics Performance Index calculated by The World Bank for evaluating the impact of several key macroeconomic variables on the quality of the logistics sector from 42 countries and regions. The regression results and the graphs have...

The strategies and the policies for increasing the occupation level of the manpower and diminishing the unemployment are approached in an integrated manner, in a close correlation with other programmatic or conceptual documents having as unitary objective the economic growth and the social...

In the convergence programme approved by the Hungarian government in September 2006, the "overriding objective" was to promote real convergence. This paper analyses the problems surrounding real convergence, in light of the broader correlations of economic growth relying heavily on the results...