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Being the most important industry in the world, tourism is often seen as a salutary solutin for helping the economic development of a country leading to an increase in the life standards. But what is the real situation? We try to define tourism and globalization, to present shortly the main...
Persistent link: https://www.econbiz.de/10005453915
­The literature devoted to economic development concerns itself in a growing de­gree with the role and importance of institutions­­­
Persistent link: https://www.econbiz.de/10008464186
Successful economic development is a process of successive upgrading. As nations develop, they progress in terms of their characteristic competitive advantage and modes of competing.
Persistent link: https://www.econbiz.de/10008464253
The re-launching of the Romanian economy in the context of the world economic crisis can be implemented by using a set of principles and economic measures that will lead to a strict monetary policy, a fiscal and budgetary discipline as well as a reduction of the inflation. This paper presents a...
Persistent link: https://www.econbiz.de/10008773549
Challenges triggered by the current economic and financial crisis are multiple. In the short term the main challenge is finding solutions that will restore investor confidence and long-term consumatorilor.Pe, the main challenge is to adjust the principles that guide the international financial...
Persistent link: https://www.econbiz.de/10009643802
behaviors. But starting with 2000, it is observed a credit channel reactivation and, especially, interest rate channel. Anyhow …, the credit channel continues to be undermined by the existence of liquidity surplus within the system, by the phenomena of … substitution of national currency credit with currency credits, and also moral hazardous displays. Albeit some of these phenomena …
Persistent link: https://www.econbiz.de/10008493626
the investment projects. The credit market got developed and secures financial sources for the entrepreneurs. But each and … every credit is implying a less known aspect, as it is the subject of running a number of risks. The credit risk does exist … below is emphasizing a number of aspects concerning the management of the credit risk (i.e. the non-payment risk, the …
Persistent link: https://www.econbiz.de/10005154563
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