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Even if it has not a legal status yet, the Bucharest Metropolitan Area (BMA) project is in an advanced preparation phase, already producing effects in the real economy. Conventionally, BMA imbeds the entire Ilfov county (which surrounds it and form together the Bucharest-Ilfov region (NUTS 2))...
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The labour market is strongly segmented, being normally characterized by the coexistence of two forms of deficits: the labour demand deficit (i.e. unemployment) and the labour offer deficit (i.e. vacancy jobs). As these deficits are obvious in the case of some different occupations or of some...
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As a result of joining the global trend of the monetary policy modernization, Romania has adopted the inflation targeting strategy in August 2005. Although the implementation conditions have been prepared in advance on the background of a medium-term disinflation process, the National Bank of...
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The current global economic crisis has brought to the forefront of scientific research the issues of business cycles, particularly highlighting signals that predict ruptures in the normal dynamics of macroeconomic fluctuations. In this sense a very important concern for the specialists relates...
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According with A. Smith “by pursuing his own interest individual frequently promotes that of society more effectually than when he really intends to promote it.” But what is the passing way from individual interest to public interest? If there is such a way then there is a strong base for...
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