International Business Cycle Accounting

In this paper, I extend the business cycle accounting method a la Chari, Kehoe and McGrattan (2007) to a two-country international business cycle model and quantify the effect of the disturbances in relevant markets on the business cycle correlation between Japan and the US over the 1980-2008 period. I find that disturbances in the labor market and production efficiency are important in accounting for the recent increase in the cross-country output correlation. Financial globalization can be the cause of the recent increase in cross-country output correlation if it operated through an increase in the cross-country correlation of disturbances in the labor market and production efficiency, not in the domestic or international capital markets

THE LOGISTICS OF PRODUCTION MANAGEMENT AND THE TRANSFORMATIONS IN THE BUSINESS ENVIRONMENT

The prompt production chains are strongly integrated in the company along its functions and outside it, towards the providers and customers.The transition from vertical to horizontal imposes an organizational change. To help this process, it is useful that 'the best practice' be set through "benchmarking".We seem to enter an era when the competition rules will differ greatly from those existing in the past. If a company aims at obtaining such an advantage, it is crucial for the organization to revise the manner in which it grants values for the customers and decide whether it is time to reconfigure the chain in order to use the power of the other players in the production chain.logistics, business environment, production chain

AGAINTS AND FOR THE HIGH SPEED TRAINS' MULTIMPLICATION

In this exposure we intend to make visible the situation in which global warming is given by road and air transport, how could be revitalized railways, and how high speed trains could become a preferred mode of transport. But there is manifesting an opposition to railway development, nurtured by different interests, ranking from governments themselves, to oil importing countries, oil exporting countries, oil companies with their colligate partners situated along the oil distribution chain. But, there could be identified some voices which could create themselves the possibility to speak lauder in order to promote railway transportation. The greens, NGOs, the epistemic communities, for example, could unite their force to make something in order to provide the framework for rail transportation's development, and for road and air transport reduction, for the benefit of while humankind.climate change, epistemic communities, high speed trains, political costs

The impact of the controversies within the contemporary world economy onto the regional economic integration and international trade –

Following the new position of Romania as a member state of the EU, I consider it imperiously necessary knowing and approaching the problem of the nowadays phenomena the world trade and the world economy are confronting, EU according to today statistics being in the top of world exporters and on the second place as importers. It is for this fact obvious, because of belonging to this integrationist group, EU position and strategy in approaching international trade relationships to have a major impact on our country’s trade orientation. In this context, taking into account the fact that economic integration represents a main component of globalization and that Romania wanted, since 1990, to be reintegrated into the international trade, theoretical globalization approach was felt necessary, as well as describing the impact of the present controversies within the world economy onto the international trade and regional economic integration processes, respectively.globalization, triadization, regionalization, international trade, regional economic integration, Romania’s European Union integration

The effects of labour force migration in romania to the comunity countries -realities and perspectives

Nowadays, the migration of active labour force is a phenomenon with a rapid dynamics, generated mainly by globalization. The international migration is appreciated to imply about 200 million persons, which is double than 25 years ago. .The migration is determined by economical, social and political causes. .The migration of active labour force in Romania registered in the Community Countries reaches low levels, about 200.000 person, but the illegal one is appreciated to reach 1.7-2 milion persons. The effects of migration are mainly due to: the loss of the tax payer – active labour force formed in Romania, the weakening of the social solidarity in the social security system, and in the same time, its increase in the destination countries , the remittance of some important amounts of money in the origin countries, the contact with other economical, social, cultural models. The evolution of remittance in the world is very dynamic, in 2007 it is said to be about 250 billion dollars ,from which 7,1 billion euro for our country, compared to 9,1 billion euro representing direct investments.Work, evolution, labour force,, globalization

GLOBALIZATION AND THE NEW ENERGY CHALLENGES

A New Global Energy Economy is emerging, in which energy demand and supply issues will make regions of the world much more dependent upon each other. International extensive energetic interdependence on energy resources and networks grows in the global economy. Some $22 trillion of investment in supply infrastructure is needed to meet projected global demand until 2030. Mobilising all this investment will be challenging. Adherence to these policies will ensure that the global energy investments materializes, the necessary infrastructure is built, and the lengthening worldwide energy supply chain operates in security. Strong global energy policy is needed to move the world into a more sustainable energy path.energy security, extensive energetic interdependency, global energy consumption, supply infrastructure

STATE AIDS AND ECONOMIC COMPETITIVENESS FROM THE EUROPEAN UNION PERSPECTIVE

Forbidden by the Treaty establishing the European Economic Community (EEC Treaty), but permitted in exceptional cases, State aids are constantly under the “eye” of the European executive as regards the granting mechanisms, as well as concerning its monitoring. In order to undertake a more efficient control of State aids, the European Commission has adopted a new Block Exemption Regulation which came into force in 20 days from its publication in the EU Official Journal, respectively on 29th of August 2008. In this article I shall present certain aspects of the new normative act.State aid, exemption, notification, control, EU, competitiveness

CONSIDERATIONS ON COMMERCIAL GLOBALIZATION (I - THE DYNAMICS OF THE COMMERCIAL FLOWS: EVOLUTIONS AND STRUCTURAL MODIFICATIONS)

Following the WW II, the global economic evolution is more and more marked by the relevant dynamic of the commercial trades that had become the core of the economic development both for the developed countries and for the emerging economies. The average annual growth rhythm of the international goods trade was practically double in comparison with that of the production (real GDP), both for the developed and for the developing countries. Thus, between 1960 and 2005, the rate of the commercial trades in the global GDP increased from 24% to 46%, practically doubling in the 45 years.globalization, commerce, evolution

THE CORRELATION BETWEEN RESEARCH & DEVELOPMENT AND THE ECONOMIC GROWTH IN ROMANIA

The increasing productivity of production factors, due to progresses in science and technology is today the engine of economic growth. The economic theory managed to endogenize the technical progress, first as a result of the unintended activities of firms, then as the result of profit driven behaviour of economic agents. In globalization the stock of knowledge becomes available also to developing countries and the production technologies and their employment are more democratic regarding the availability. For the developing countries it still remains the problem of financial resources and availability. Developing new technologies has a prohibitive costs, at least until the moment in which large scale production allows for the reduction of costs. Long term economic growth will depend on the creation of global technology stock, including the leverage effect of sustained R&D. In this paper we will approach the progress of Romania in the area of knowledge base economy, especially regarding the policies in the R&D sector.knowledge economy, economic growth, research&development

The role of the public service broadcasting in the european countries

Broadcasting in particular has seen remarkable change from the days of single-channel public broadcasting systems. The audiovisual “explosion” is a cultural, social and economic phenomenon of global dimension. The audiovisual sector forms an essential part of Europe’s economic and cultural influence in the world. The fundamental principle of the Union’s audiovisual policy is to provide for the free circulation of reception of trans frontier broadcasts. So the European audiovisual industry is likely to become a stronger and more competitive player on the global scene. The future of public service broadcasting in Europe is increasingly challenged by unfavorable external factors, such as intensifying competition from commercial media, media concentrations, political and economic interests adversary to independent media, and by internal difficulties, such as cost ineffectiveness.European Audiovisual Policy, public service broadcasting, audience market share, cultural obligations, license fee