The global crisis can be seen as a manifestation of the consequence of errors committed in the past by world states. Through its evolution, it can be defined as an instability and uncertainty particularly pronounced. In crisis situations the world states are in a constant state of turbulence and...

According to the theory of Joseph Schumpeter, a business cycle is characterized by an expansion phase followed by a depression phase in the production process. This cyclical crises has attracted interest from various researchers in the example of Clement Juglar, in an attempt to explain the...

The article aims to highlight the EU directives issued to protect the interests of different categories of actors that are involved in restructuring operations and the operations against the background of the current economic crisis event. A further issue highlighted in this paper is on the...

This paper propose an analyse of tourism clusters impact on regional development and competitiveness of tourism industry in Romania and a comparison with some tourism clusters from another traditional touristic european countries. Tourism is an extremely important economic activity, which may...

We discuss the implications of nonlinear dynamic phenomena for policy definition in a growing economy. De- parting from the hypothesis that local analysis of economic systems focus the definition of policy on short run outcomes, we propose that to have a clearer perspective on long run outcomes,...

We survey the literature on venture capital and institutions and present a case study comparing the development of the venture capital market in the US to Sweden. Our literature survey underscores that the legal environment, financial market development, the tax system, labor market regulations,...

This paper investigates the importance of factor endowment vis-a-vis institutions development in explaining the locational choice of foreign investors in manufacturing sector in SEE countries. Using panel dataset for the period 1999 to 2006 we constructed an econometric model that was used to...

The study indicates that the professionalization of the project management further progresses. An important step has been carried out by the opening of academic continuing education possibilities in the project management for an independent career development in the project management. Clearly...

The applicative part of the analysis assumes to elaborate, respectively test from the econometric viewpoint, a functional model that can be applied to Romanian macro-economical reality, to issue conclusions, thouroughly justified from both theoretical and functional points of view related to the...

Since Turkey was officially recognized as a candidate for full membership in 1999 and negotiations were started in 2005 its membership bid has become and still is a major controversy in the ongoing enlargement process. This controversy contributes not only to the valuation of modern Turkey’s...