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SME sector has an important role in national economies through its significant contribution to the creation of GDP and to increasing labour employment. The current crisis has seriously affected a substantial part of the SME sector in Romania, as in other world countries. Such an assessment can...
Persistent link: https://www.econbiz.de/10008854955
The financial crisis that affected the world market in late 2007 and determinate the failure of some prestigious banks and an unprecedented collapse of the stock market indices had multiple causes and lead to the transformation of the global financial market. To determine the causes that have...
Persistent link: https://www.econbiz.de/10008854956
The crisis is now a big problem all over the world. The impact of economic global problems over euro zone is very powerful, especially on the lay-off. The most danger for the common people in periods of recessions is the unbalance between the charges and revenues. For balance his expenses and...
Persistent link: https://www.econbiz.de/10008854998
Managing risks become a very challenging task for any organization and one of its priorities. The rising complexity of modern business processes, the globalization and the IT business perspective determined important changes in making business approach bringing opportunities but also increasing...
Persistent link: https://www.econbiz.de/10008855012
This article was started with the theoretical approach of the general economic crisis, the increase/decrease model, by using the process of the money becoming, merchandise money and fiat money. During the time of fiat money there was a break between the material substances from the symbolic...
Persistent link: https://www.econbiz.de/10008855040
The financial and economic global system was changed due to the world economic financial crisis that affected most of the countries. Crisis is a process of transformation where the old system can no longer be maintained. Therefore, the cause of a crisis is the need for change. A solution for the...
Persistent link: https://www.econbiz.de/10008855050
The modern Eco-Economy concept makes reference to a new type of economy, which will develop without damaging the environment that is support of economic development. The financial crisis is a today reality facing almost all world countries and is seeking solutions to overcome. The aim of this...
Persistent link: https://www.econbiz.de/10008855051
The paper makes an analysis of the relation between International Monetary Fund and Romania during the financial crisis started in 2007 and the effects and the results of the economic and fiscal policy in Romania due to the involvment of the IMF and the internal political decision.
Persistent link: https://www.econbiz.de/10008855075
The article aims to analyze the leading factors’ in terms of monetary convergence within the European Union level evolution. Thus, it explores a number of specific indicators of which we could mention inflation, long-term interest rates, public debt and budget deficit, but the analysis also...
Persistent link: https://www.econbiz.de/10008855081
In this paper we wish to point out that some measures taken by the government to reduce budget deficits in times of economic crisis have the opposite effect, i.e. widening budget deficit. In Romania’s case the measures are focused on increased taxation and reducing public spending instead of...
Persistent link: https://www.econbiz.de/10008855085