South Caucasus (also referred to as Transcaucasus), is a region situated to the south of the Greater Caucasus Mountain Range, composed of Georgia, Azerbaijan and Armenia. Due to the rich oil reserves of the Caspian Sea basin and geostrategic importance of the Caucasus as a crossroad between...

Among excellence models in public administrations in the EU, CAF and EFQM are used most. In use are also models that countries have adapted or designed themselves (for example: the Swedish Quality Model, used since 1992, INK developed by the Netherlands and also used by Belgium, and KVIK in Denmark)

The presence of risk in almost every human situation, activity and sector has determined the increasingly rapid development of the risk management discipline. Depending on the context, there are various descriptions of what risk management involves. Like in many other industries, oil and gas...

The purpose of this paper is to perform an analysis of the history of the Total Quality Management (TQM) in the private sector, taking a closer look at its five stages in the Western hemisphere: quality inspection, statistical quality control, system-oriented quality assurance, company-wide...

The European Seas and Territorial Development, Opportunities and Risks (ESaTDOR) project, financed by ESPON, was intended to analyze the current state of maritime regions, opportunities and risks for territorial development, as well as their effects on maritime regions under different scenarios...

Started in February 2009 the FP7 project RISING has for objective the development and testing of new River Information Services for the European inland water transport (IWT) sector. In contrast to other RIS projects, RISING focuses exclusively on the current and future needs of the European...

The Black Sea region lies at the crossroads of major oil and gas export flows to the world energy markets. Wider Black Sea area is increasingly becoming very important in terms of energy production, transportation and distribution. Last global tendencies in energy field indicate that the Black...

Business cycles are – as in definition of Burns and Mitchell -a type of fluctuation found in the aggregate economic activity of nations that organize their work mainly in business enterprises: a cycle consists of expansions occurring at about the same time in many economic activities, followed...

The risks at sea continue to be subject of many shipping documents describing the voyages completed by carriers engaged in maritime trading. The current policies aim for the development of some mutual insurances to cover the risks to which the ships are exposed to and, in particular, the crew...

In the fourth year of great global crisis, many leading pessimists economist have been forecasting deeper economic crises with low growth rates. The sharp foreign exchange volatility was one of the main reasons of the financial crisis in the earlier years of last century and till 2007, however,...