This article highlights the importance of SME access to financing from a sustainable development point of view as a solution to exit the current economic crisis. The access to financing is vital for starting up or expanding a business. Usually, banks grant loans to already existing enterprises...

This paper aims profitability and risk metallurgical industry in our country in a time not too pleasant for both the global economy and of course for the Romanian economy, namely, the period immediately following the downgrading of the economic crisis. Metallurgy, the same trend worldwide but of...

The two economic and financial crises from the beginning of the XXIst century have significantly influenced the global airlines’ market. The purpose of the present paper is to identify the evolution of the European and American low-cost airlines (LCCs) between 2000 and 2011, underling the...

The EU funds mirage attracts many Romanian companies but the bureaucratic procedures and lack of real support make the project implementation a very difficult task. This paper analyses the main measures that have been proposed in order to boost the EU funds absorption and the main barriers that...

The study of private sector response to fiscal policy decisions is a topic of macroeconomic research which has drawn much attention throughout the years. This paper studies the connection between budget deficits and private spending in Romania and other three euro area candidate countries,...

The most important resource that managers have available in the company is people. Managers know that people make the critical difference between success and failure. The effectiveness with which organisations manage, develop, motivate, involve and engage the willing contribution of the people...

Beginning in 1825, the global economy has had a cyclical development. Growth and progress have not been determined by linear chaining but by circuitous development, by ups and downs, by phenomena such as crisis, depression, revival and prosperity. Piles of books were written, several Nobel...

Economic crisis in Romania fully installed by the end of 2008, resulted in dramatic decreases among companies of significant adjustment costs and budgets. In an attempt to keep business afloat, companies are looking for effective solutions ranging from cash flow monitoring, renegotiating...

Tourism has taken another step in responding to requests for more and more demanding markets: a complex, sophisticated product (well done or well organized) and at reasonable cost. MICE is now regarded as a contemporary form of tourism, something "fashionable" to diversify tourism products of a...

Poverty disproportionately affects children in all CEECIS countries for which data is available. Social protection is needed to mitigate the lasting effects of the 2008/09 economic crisis in CEECIS, as well as the additional strains on households due to the Eurozone crisis, high unemployment,...