In modern economies services are dominant. As the role of services is increasing, the difference between goods and services is vanishing, but most of our economics and business knowledge is developed from a manufacturing perspective which is no more satisfactory in the new service economy...

The purpose of this study is to make a short presentation of the Romanian tourism in the context of the global economic crisis, highlighting the main data about inbound and outbound tourism. Due to the current global crisis, Romanian tourism disposes of two main options: to ripen or to run low....

The tourist activity is numbered among those phenomena which have been imposed globally, the special development of it being one of the characteristic features of our century, and especially of the second half of it. The goal of any travel company is to obtain profit, performing economic...

This paper aims to highlight, using a linear regression model, how the antisocial measures (reducing wages, taxation of pensions, increased VAT rate), adopted by the government amid the global financial crisis, affect various aspects of life in Romania. In this respect, using a simple linear...

This study represents a quantitative and qualitative analysis of the Romanian tourism phenomenon that focuses on the current challenges to which it has to adapt in order to become competitive on the European market and to overcome its current stage of subsistence tourism. One of the selected...

This paper illustrates a case where an increase of the in-terest rates improves the economic activity and reduces incomeinequality. This theoretical exercise deals with a simple model ofdisequilibrium with accountant identities of budget constraints. Inaddition, and following previous models,...

Background: The impact of technologies on workers has been a recurring theme in occupational health psychology. In particular, the sudden digital transformation of the last two decades, accelerated by the COVID-19 pandemic, has stressed the urgency to investigate new ways of working that are...

In the past decades, risk management in the financial community has been dominated by data-intensive statistical methods which rely on short historical time series to estimate future risk. Many observers consider this approach as a contributor to the current financial crisis, as a long period of...

We review the competing explanations of the 2007-2008 global crisis, recall how governments around the world had to depart from established policy stances, and reflect on the legacy of the crisis both in terms of future challenges and changes in policy doctrine. The G-20 has addressed important...