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This paper examines the evolution of the EU’s trade in services over the 2004-2008 period in comparison with its trade in goods. It aims to disentangle the main trends shaping the EU’s services trade flows under the impact of increasing globalisation and the last two waves of EU enlargement....
Persistent link: https://www.econbiz.de/10008757373
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...
Persistent link: https://www.econbiz.de/10015224055
Under the circumstances of the global crisis effects on risk appetite of international investors, the net FDI flows in Romania registered a sharp fall in post-crisis period to levels of 1/5 as compared to 2008. Even if the current account deficits of Romania have significantly decreased in the...
Persistent link: https://www.econbiz.de/10015236803
The work presents a connotative periplus and an evaluation of one of the most dynamic business fields- logistics. Although used for a long time in the military department, logistics has affirmed itself relatively recent in business field, where it brought revolutionary contributions and where it...
Persistent link: https://www.econbiz.de/10005151195
Romania together with other European countries is running a process of sustainable development ensuring the European accesion. This process is assuming important changes of the civil, social and economic society. Romanian trade represents one of the national economy branches that is in a deep...
Persistent link: https://www.econbiz.de/10005151201
Persistent link: https://www.econbiz.de/10011285139
Persistent link: https://www.econbiz.de/10003757946
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...
Persistent link: https://www.econbiz.de/10015222296
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...
Persistent link: https://www.econbiz.de/10015222414
The international organizations acting at world-wide scale seems unable to manage the multitude of rising problems due to the accelerated globalization and of the fast geopolitics’ shift. The world is facing growing imbalances in international trade and financial flows, deepening of social...
Persistent link: https://www.econbiz.de/10015223607