As the US economy continues to be the largest in the world and – despite the recent troubles – continues to remain the most valuable in terms of competitiveness, the US Dollar is likely to continue to keep its world reserve currency status.In this kind of respect, there are a lot of...

Just before the last G20 meeting in London and following the quantitative easing measures taken by FED it has broken into the news that, during an internal discussion, IMF raised a really provocative issue: should the non-Euro EU members join the Euro very rapidly?! Considering the developing...

In a recently published (Business Week, November 2, 2009) article, the distinguished columnist, Michael Mandel, pointed out some interesting issues concerning the US trade gap and the consequences it has on the entire global economy and economic system. In this kind of respect, he finds three...

The term “Econophysics” was used for the first time by Eugene Stanley (physicist) in 1995 and represents the name of a rather new research domain that tries to apply the modeling standards in statistical physics to the more complicated world of economics and finance. This approach seems to...

The paper deals with the brain drain phenomenon (rational minds migration), displayed inside the European Union, in close correlation with European tax competition. Speciality literature from the countries of the European Union deals with great responsibilty the migration process of the...

The paper deals with the brain drain phenomenon (rational minds migration), displayed inside the European Union, in close correlation with European tax competition. Speciality literature from the countries of the European Union deals with great responsibilty the migration process of the...

In this article we use a Markov Switching model with two lags to identify and to compare the business cycle in Romania, Czech Republic, Hungary and Poland using data on industrial production for the 1991-2011 period. We use a model with two regimes that reflect the economic expansions and...

Considering the ongoing globalization process Romania simply can not avoid risks coming from the interaction of its own economy with the other ones. More or less, sooner or later, the global credit crunch will affect our country's economy. Our government, through its fiscal policies and BNR,...

The paper presents a new banking product having as main goal in offering some attractive income packages to construction workers and specialists. The purpose is to maintain this workforce into the country’s borders. Our national economy isn’t yet in a position to offer salaries like those...

Until present, Romanian real estate market doesn’t affect much by U.S. housing and financial crisis. Though, considering the ongoing globalization process Romania simply can not avoid risks coming from the interaction of its own economy with the other ones. More or less, sooner or later, the...