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...

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

Romanian Abstract: Analiza ex-post joacă un rol din ce în ce mai important în activitatea autorităților de concurență din întreaga lume, autorități ce urmăresc perfecționarea continuă a sistemului de luare a deciziilor. Complexitatea cazurilor, disponibilitatea datelor, nivelul...

In the convergence programme approved by the Hungarian government in September 2006, the "overriding objective" was to promote real convergence. This paper analyses the problems surrounding real convergence, in light of the broader correlations of economic growth relying heavily on the results...

Information and Communication Technology (ICT) affects to a great extent the output and productivity growth. Evidence suggests that investment growth in ICT has rapidly accelerated the TFP (total factor productivity) growth within the European Union. Such progress is particularly essential for...

The forecast of evolution of economic phenomena represent on the most the final objective of econometrics. It withal represent a real attempt of validity elaborate model. Unlike the forecasts based on the study of temporal series which have an recognizable inertial character the forecasts...

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 study has as its objectives, to determine the influence of price volatility and price expectation in the rate of inflation as a measure of the price level. In addition, the study sought to evaluate ipso facto the extent to which monetary policy has influenced inflation by reducing price...