Based on the 2012 Version of the Romanian Macromodel, the first section of this paper discusses the evolution of the Romanian economy in 2014. The previous simulations were revised taking into account the changes in the internal and external socio-economic conjuncture or in the available...

Our purpose is to verify the predictive performances of the artificial neural networks (ANNs) under volatile statistics and possibly incomplete information. Daily forecasts of exchange rate using exclusively primary available information for an emergent economy (such as the Romanian one) could...

Usually, the sectoral structure of economy is measured either a) as weights of the main branches in the total gross value added (wvi) or b) as the respective weights in the gross domestic product (wgi). The differences between vectors a) and b) infer from the distribution of the net indirect...

The paper presents a possible medium-run evolution of the Romanian economy. It is organised in two chapters. The first chapter discusses the conceptual framework of the macromodel used for simulations, insisting on the behavioural (stochastic) relationships and the sectoral decomposition of the...

The capacity of input-output tables to reflect the structural peculiarities of an economy and to forecast, on this basis, its evolution, depends essentially on the characteristics of the matrix A—matrix of I-O (or technical) coefficients. However, the temporal behaviour of these coefficients...

The paper provides an overview of the structural trends faced nowadays by European Research Area (ERA). These trends reflect not only societal developments, but also the changing structures of research itself. Beginning from the general context of understanding the concept of ERA as one of the...

Romania cannot join the European Union with agricultural plots with sizes less than 1 hectare. The change of mentality is still difficult. In the rural areas there is already a tendency among people of not willing to get associated any more, people do not want production co-operatives any more,...