Using generation approach we examine the genesis and mechanisms in major financial crisis and focus on the recent sub – prime crisis. We believe that in the era of increased financial globalization a reliable approach has to consider besides fundamental factors multiple equilibriums and self...

Romanian Abstract: Cuvântul care caracterizează conjunctura economică a Turciei este incertitudinea determinată, în primul rând, de situația politică instabilă a regiunii, care s-a transmis în politica internă și a fost accentuată apoi de transformările care au loc în sistemul...

The liberalisation of capital flows makes in the Romanian economy vulnerable to the important and presumably unstable capitals.

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....