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Article aims of time series econometric model of macroeconomic variable GDP in the US economy. Because that is a nonstationary time series, there are used several statistical tests in order to turn into a stationary series. After applying these tests, the time series became stationary and...
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In the past years, the globalization has generated a significant development of the emergent economies, but also that of the level of the developed countries. As it is easy to notice, we are the spectators of an ever more “globalized” world which does not lack numerous risks. Starting with...
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The economic crisis that humanity is currently facing proves to be the most severe one since the Great Depression of the 1930s. Poor financial system, unsustainable public debt and competitiveness inequalities in the world have greatly contributed to the crisis. Naturally, economic policy makers...
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2011 was a difficult year for all the countries, developed and emerging ones. For overcoming the negative effects of the financial crisis, many economies have established as purpose to adopt new economic policies regarding the foreign direct investment flows (FDI), even to stimulate the flows or...
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The recent global economic crisis has caused huge losses not only financial but also and more important losses related to the general confidence in the ability of the science of economics to contribute to the political decision making in a manner that will ensure an economic, social and...
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