Showing 1 - 10 of 12
Based on more recent research and evidence, including declassified information regarding the communist period in Romania, the study focuses on examining the 1980s foreign debt crisis context, its determinants and consequences, the impact of internal and external factors, intending to provide an...
Persistent link: https://www.econbiz.de/10012511921
The labour market in Romania is under the pressure of divergent factors, at the intersection of the labour demand and supply determinants. This paper is focusing on quantitative and qualitative analysis of the labour market in Romania, trying to identify its imbalances and to find ways for their...
Persistent link: https://www.econbiz.de/10012511924
In recent years, the labour market in Romania became more and more tense, with growing labour shortages affecting the development of many important sectors. This paper is focusing on the labour market imbalances, specifying the main landmarks of labour shortages and highlighting their conditions...
Persistent link: https://www.econbiz.de/10012511925
The extremely fragile balance of the Romanian labour market is severely affected by the crisis caused by the COVID-19 pandemic and by the sudden and almost general deterioration of the macroeconomic context and the business environment. The present study aims to argue that, in times of crisis,...
Persistent link: https://www.econbiz.de/10012511927
Coming from standard economic growth theory and empirical evidences, we concentrated on the convergence process as a result of structural changes in economy. We investigate the differences among countries in EU in terms of the share in total economy of main sectors. Then, based on the spatial...
Persistent link: https://www.econbiz.de/10011336104
In the context of current economic and financial crisis a comparative analysis of the main indices of economic and social performance of the EU member states is necessary. In such line of argument, the authors propose, as novelty, an economic power-economic performance matrix as a methodological...
Persistent link: https://www.econbiz.de/10011340681
Certainly the current crisis is affecting seriously the convergence process in EU. Starting from the spatial distribution in EU of some fundamental development indicators before the current crisis, we try to estimate the impact of the prolonged crisis. During last years, the less developed...
Persistent link: https://www.econbiz.de/10011340765
Development gaps are a common feature throughout the regions of the European Union, and Romania is no exception. Despite all the political and financial efforts, the convergence process is lengthy and complex, and the gaps with the deepest economic and social roots are the most difficult to be...
Persistent link: https://www.econbiz.de/10011397389
Early, the convergence theory was suggestively expressed in the Solow model. This can be shown in line with the fact that while economic development is advancing (expressed by the income per capita growth), on long run there is a general convergence process among countries. Generally, empirical...
Persistent link: https://www.econbiz.de/10011397451
There is a general acceptance of the fact that a significant direct relationship between financial markets and macroeconomic variables exists, especially by considering the assertion that developed financial markets correspond to high GDP levels. This paper provides an investigation of the...
Persistent link: https://www.econbiz.de/10011400516