The low-cost companies emerged for the first time in the USA airlines’ industry, their model being subsequently taken by the world-wide operators. The purpose of the present paper is to analyze the development stages of the USA low-cost operators’ market, identifying the determinants of the...

There is some ambiguity in approaching the concept of democracy wave, especially when we talk about the period of the third wave and the beginning of a possible fourth one. We will try to underline the main views related to the extent of the third wave of democracy and the possibility of the...

The new models of development take into account the influence of social capital in inducing the economic growth. Assuming that trust is one of the main dimensions of the social capital, we demonstrate that it is able to reduce the transaction costs and to lay off large amounts that can be...

The COVID-19 pandemic has negatively been influencing the air transport industry. The devastating impacts, which started to be felt since the first months of 2020, consisted in rationalizing the fleet, reducing staff number and reconfiguring their networks and capacity. Therefore, understanding...

At the beginning of the XXIst century, the importance of innovation is brought in light mainly due to the huge differences that exist between the living standard of the richest and of the poorest nations, differences that could be partly explained through the fact that the most advanced...

The international strategic management facilitates the development of the international strategies that shape a large context for reaching the main goals of a multinational company. At a conceptual level, there are many similarities between designing a strategy that could be used only in one...

Considering the great impact of consumers’ behavior on the economic activity, in the present paper we intend to identify and analyze the way in which the purchase decisions of the individuals are influenced or not by the products’ brand name, taking the particular case of the Romanian...