The development of public utilities (supply) has led to a change in needs, thereby influencing the functions that the local public administration is asked to perform. Globalisation has caused profound socio-political changes (just think of the formation of the European Union, the introduction of...

The Euro was created at a time when the conventional view was that a central bank could control inflation by controlling the money supply and that fiscal policy’s interaction with monetary policy took the form of attempts to get the central bank to finance government debt. With a sufficiently...

PPP-based national accounts have become an important part of the database for macroeconomists, development economists, and economic historians. Frequently used global data come from the Penn World Table (PWT) and the World Bank’s World Development Indicators; a substantial fraction of the...

The international economy is marked by a multitude of base mutations, which re-shape the intricacy of interdependencies based on which it functions. The development of the informational society and the continuous adaptation of economic structure to the rapid changes that happen globally...

Foundation Insurance Management Institute (IMI) has implemented over three years period (2011-2013) a program for human resources development in insurance, co-financed from the SOP HRD programme . This project aimed tthe training of specialists and intermediaries in insurance. To ensure the...

This paper takes a close look at material deprivation in 27 European Union countries. Its main goal is to explore which expenditures individuals/households curtail first when facing economic difficulties. Two methodologies are applied: item response theory, a psychometric method also known as...

This paper tries to examine in detail political stability in the European Union’s (EU) countries during the period 2002-12. Firstly, it examines the causality relationship between political stability and economic growth, which is an issue that has puzzled scholars for decades. Using the...

In this paper it has been analysed whether and how the Agency for Territorial Cohesion, just recently established and intended to replace the Department for Development and Cohesion Policies, can fit in the complex system of multilevel governance envisaged as per the Community rules for the...

In recent years, the effects of exchange-rate risk on trade flows have been studied for numerous cases, with studies focusing on disaggregated, industry-level exports and imports for a pair of countries’ import and export volumes. This study examines the specific case of Egypt’s trade with...

The objective of this paper is to outline the recent dynamics of the indirect taxation in the European Union member states, with a special focus on the Romanian case. We could notice that indirect taxation continues to play an important role for all the member states, in their attempt to recover...