Functional overview of financial crises development and propagation

The U.S. sub-prime crise developed in the last few months as a dangerous syncope for the entire international financial system, recall for the rethinking of market functionality, revealing the international institutional weakness in financial system supervision on global scale. The mortgage volatility induced by the international dereglementation and derivates contemporary burst, correlated with a relaxed supervision framework, transformed progressively the credit market into a system “bubble”, making possible the distortion of real estates values toward those levels forced by creditors. Throughout a weakness chain, many financial institutions, determined by a savage competition on this sector, left away the prudence and borrowed money from different investors, guarantying the long terms transactions, with short time derivates from speculative short-term market, supplying the bubble. In this context, the paperwork is meant to recall for reinventing the risks models, so that the crises to be anticipated earlier than its development moment.globalization, financial crise, global economy, monetary system, international management

The new architecture of economies' typology within the globalization context

Over viewing the most recently evolutions throughout global economy, we can easily conceive that the collateral effects of economical globalization and market integration, represents the main issues debated in specialized professional or political circles. The first step toward regain the global markets functionality is to review as a sine-qua-non condition, the institutional and functional structure of financial system and global economy system as well. In such context, this paperwork is meant to propose a new architecture of economies’ typology, reflecting in fact the most recently particularities of markets’ function. The criteria took under consideration has been the relevancy related to commercial and financial flows. Even the parameters presented here are quite abstracts in lack of detailed statistical data are important to reflect the new causality tied between economies in the new context of globalization.monetary system, global economy

An overview of the new architecture for the international monetary system

The new architecture of the international monetary-financial system is determined by the evolution of the economics, socials, culture and contemporary policies. The reorganization of the monetary-financial system’s institutional and functional formulas is not possible against trimming the intervention according to all the attempts regarding defining the new equation of the global equilibrium. The International Monetary Fund and the World Bank represent only a parcel of the institutional system with universal vocation. Its role is to watch over the monetary-financial dimension and it has direct responsibilities regarding formulating certain policies and coherent strategies meant to assure the general monetary and the global financial equilibrium.monetary system, financial system, global economy, International Monetary Fund

ROMANIAN AERONAUTICAL METEOROLOGY APPLICABLE LEGAL FRAMEWORK –BRIEFING

The purpose of this briefing is toprovide an overview of the aeronautical meteorology legal framework in Romania. In this context, the role and importance of aeronautical meteorology in international air traffic management will be underlined, with focus on the civil aviation activity in Romania. The international legal framework and modalities of implementing these rules at national level will constitute a significant part of the present study., Specific accent will be put on the national regulatory framework and structure, means of updating it, and how it responds to changing regulatory requirements

Characteristics for Software Optimization Projects

The increasing of the software systems complexity imposes the identification and implementation of some methods and techniques in order to manage it. The software optimization project is a way in which the software complexity is controlled. The software optimization project must face to the organization need to earn profit. The software optimization project is an integrated part of the application cycle because share same resources, depends on other stages and influences next phases. The optimization project has some particularities because it works on an finished product around its quality. The process is quality and performance oriented and it assumes that the product life cycle is almost finished.optimization, software, project management, quality, performance

Mobile Project Management

Based on the development of new communication and data transfer technologies, the mobile solutions for the management process have been able to provide new ways to conduct management actions. This environment describes methods and tools available only here, which will bring information, speed and efficiency to any stage and component of the management process. The paper takes into discussion the impact of the technological development on the management process paradigm. The paper presents the main aspects regarding the business and management models used in mobile management. The role of mobile multimedia informatics applications in mobile management is highlighted

The tendencies in defining an optimum globalization model

Over viewing the most recently evolutions throughout global economy, we can easily conceive that the collateral effects of economical globalization and market integration, represents the main issues debated in specialized professional or political circles. The unanimous impression underlines the fact that integration in contemporary global market development exceeded too much and to profound the conceptual frame formulated as work hypothesis for the beginning of ’80’s the realities evolving radically uncontrolled. In this case, the free capital global running is no longer a factor for market equilibrium as “market fundamentalists” predicted, financial integration as global process creating and forcing gradually the market bubbles in lack of an efficient frame of global supervision. In this context, the international effort should be oriented toward remodeling the fundamental global structures implicated in globalization process.monetary system, financial system, globalization, global economy, international finance

Secure Electronic Cards in Public Services

The paper presents the electronic wallet solution implemented within a GSM SIM technology for accessing public services. The solution is implemented in the medical field to provide information on the patient's medical history and payment for private medical services. The security issue is a very important one as the patient's history is confidential and the payment has to be safe.public services, mobile, security, m-application, smart card