Economic systems as inherently unstable like financial markets and we should not seek to achieve perfect stability. A strategy may have more support would involve allow-ing, and sometimes encouraging, a larger short-term cycles, using drop smaller, more fre-quent work to rid the system of...

The financial system of Romania evolved in conditions strongly influenced by the manifestation of the global financial-economic crisis. At the beginning of the crisis, the Romanian economy had travelled through a period of many years of economic growth, accompanied however by the accumulation of...