This study offers from the beginning a survey about the institutional construction in the pre- and post-adhesion stages to European Economic and Monetary Union, about the exchange rate mechanism applied by the different countries and about convergence criteria.

The study is based on the critical observations that the competitive market forces alone are not able to assure the convergence with the developed countries. 

The study defines the three types of convergence – institutional, nominal and real ones –, the connection among them and their main measurement indicators. 

În literatura de specialitate, insuficienta abordare a problematicii convergenţei face ca legăturile dintre convergenţa reală şi cea nominală să nu fie identificate corespunzător în vederea conturării unor posibile „drumuri de urmat” pentru ţările doritoare a accede în zona...

The main objective of the present approach is, first of all, to analyse the "transaction costs" concept and then to prove scientifically the relation transaction costs – institutions.

Nowadays it becomes obvious that entrepreneurship and economic performance are closely linked. 

This paper develops several peculiarities of the management within the Latin America countries types of organizations, strategies, negotiations techniques and trade union issue.

The present article deals with the cultural and historical contexts and the social and economic characteristics in the countries from Latin America.

The most important channels through which one may achieve technological transfer are the the foreign direct investments, the import of capital goods, parts and components, the licensing contracts, the alliances and collaborations between firms. In this study we try to analyse the importance of...