The need to change the labor legislation has been determined by that the old regulations no longer met the economic and social realities of Romania and also was taken in agreement with the IMF. The new Labor Code seeks flexible working relationships and stimulating business environment, while...

Bankruptcy prediction and the understanding of the causes for economic failure have a financial utility. The purpose of this study is to compare the predictive power, on the Romanian market, of the most popular bankruptcy models considering the firms listed on the BSE during 2007-2011. Using the...

Inflation is a macroeconomic phenomenon, intensively experimented by the Central and Eastern European (CEE) countries, new members of the European Union. The analysis was performed on a group of 10 Central and East European countries for the period 1990-2014. The aim of this study is to analyse...

In the current climate, more and more companies are faced with multiple failures, which are the basic problem that crisis management must resolve. In situations of economic decline, the need for change at the organizational level is imperative to facilitate the recovery of a company. This study...

This study analyses the relationship between governmental expenditure and economic growth rate for 8 Eastern-European countries with data for 1995–2014 using the ARDL model. The main goal of the present study is to test the presence of a non-linear - Armey Curve type - relationship between the...

Achieving the goals of sustainable development and poverty reduction implies an important condition for access to electricity for the entire population. In the economic literature, the relationship between electricity consumption and economic growth has different perspectives. The lack of good...