The current study firstly conducts an analysis of the factors and the way they have influenced the dynamics and structure characteristics of European exports during the global crisis, focusing on elements specific to emerging European countries. Secondly, we performed a quantitative analysis on...

We study the evolutions of monetary conditions in Romania previous and during the recession, and the extent to which GDP shocks are related to these conditions. The results confirmed the essential role of interest rate, credit and exchange rate in this respect, fact which underlines the...

In this paper we focus on the differences between Eastern and Western European Countries, as regard the correlation between technology (R&D and human capital) and the level as well as the rate of growth of output per capita. 

This paper aims to analyse the main mechanisms through one achieves international technology transfer and their importance for the core and the peripheral european countries.

Continuous technological specialisation of a national economies, conducted by the dynamic comparative advantage, is not only the effect of free market forces accompanied by commercial openness, as it depends on many other factors, among which technological progress is essential.

The most important channels through which one may achieve technological transfer are the the foreign direct investments, the import of capital goods, parts and components, the licensing contracts, the alliances and collaborations between firms. In this study we try to analyse the importance of...

Following the credit boom which ended with the global crisis, most of the European economies have faced a credit crunch which strongly affected economic growth. In its turn, growth slowdown has hindered credit recovery, generating a vicious circle. This paper explores the causal relationship...