The role played by endogenous growth models in growth literature might be analyzed from two perspectives. In the first place, is it emphasized the necessity to replace the hypothesis of perfect competition with monopolistic competition in every mathematical model. Secondly, there is no...

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 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...

In this paper we focus on the differences between Eastern and Western European Countries, as regard the correlation between technology (R&D and human capital) and the level as well as the rate of growth of output per capita. 

Romanian Abstract: Un fenomen cu un impact puternic asupra pieţelor petroliere internaţionale l-aconstituit declinul sever al preţurilor principalelor ţiţeiuri de referinţă din comerţul internaţional(Brent şi WTI), de la 105,7 $/baril, în iunie 2014, la 36 $/baril, în decembrie...

In the last years there have bean many attempts to elaborate strategies for economic and energetic development in Romania, but the unsteadiness of the political frame produces changes of legislative frame. In that social, economical and political context some components of those strategies have...

Ensuring the good functioning of the world economy, the rising trends of oil prices, as well as the strong awareness of environment protection issues, have brought the sustained promotion of alternative energy sources. Bio fuels, as possible substitutes for gasoline and diesel, have acquired a...

In the paper the use of “end of pipe” clean technologies for steel making in oxygen converter are presented. The exhaust gases resulted from steel making process contain dust, smoke and oxides as pollutants. For restraining them electric filter or washers are used. The washer can be...

The Romanian economy goes through a stage of economic unbalances. In this context, the necessity generated by psychological and practical reasons to understand and draft ideas concerning the future behaviour of economic systems such as to overrun the actual condition of our country economy...