Competitiveness of Romania’s South-East Region in the European Context

The European interventionist policy is much stronger on the regional level than on the level of national states. Each economic activity in Europe’s regions has now its own place on the European market economy. Creating a European market is important due to its size and economic potential. The Central and Eastern Europe is a potential area of new markets expansion and organization. Moreover expansion and trade are becoming important to the entire European economy as well as all its regions.region, regional development, competitiveness, European Union

GROUPWARE - Modern information managerial method

The notion groupware contents the information technologies that facilitate the team work and that are intended for communication, collaboration, coordination within the organization. Having as base software routines for teamwork, the groupware technology has many applications in the management process of the organization. The notion groupware refers to a special class of web packages connected to a network of personal computers: email, chat, video IP, newsgroups, etc. The studies from the literature consider the groupware as a class of software programs that facilitate the coordination, the communication and the cooperation within the member of a group. As in marketing the marketing-mix is known as the “4P”, in the area of groupware its characteristics are known as the “3C”: communication within the group; coordination among the members of the group; collaboration among the members of the group. From the groupware software those with relevance for the managerial activity are: electronic mail, Internet meetings, time management, project management, the management of dissimulated information. The groupware technologies can be divised in many categories based on two elements: time and space. The users of a groupware work together in the same time – real time groupware, or in various periods of time – offline groupware.marketing-mix, real time groupware, offline groupware

The American Mortgage Crisis Implications on the international economics evolutions

Shock waves that produce large cracks deepen existing political, economic and social, and sometimes a new order replaces the old. In 2010, states across the world over blast, which invariably will lead to changing the current world order. Last twenty years have seen major changes in international economic context, the Soviet Union collapsed and centralized economies in Eastern Europe, reforms in China and India, export-based growth strategies in East Asia, all leading to the creation of a world economy market and also bringing 4 to 5 billion people.mortgage crisis, financial crisis, stock market, bank loans, international trade

Evolution of the Romanian exports and imports in the context of the European integration

The adhesion to the European Union in January 2007 induced significant changes in the Romania’s foreign trade. In the new circumstances, the Romanian firms have to face an increased competition, but they could also fructify the opportunities of the European single market. Other changes could occur in the next years, when Romania is expected to adhere to the Eurozone. This paper explores the Romanian exports and imports evolution, in relation with the changes generated by the European integration. Such an analysis is quite complex due to the relatively short period of time passed since the adhesion to the European Union. Moreover, the global crisis affected substantially both the exports and the imports. We search for the major structural transformation in the Romanian foreign trade by time series analysis.Romanian foreign trade, European integration, Structural breaks

Motivations for the Romanian exporters

In the last decade Romania’s trade balance experienced substantial deficits. This external disequilibrium which affected the macroeconomic stability could be ameliorated by increasing the exports. Romania’s adhesion to the European Union in January 2007 created new opportunities for the exporters. However, in the new circumstances, the Romanian authorities are not allowed to apply the classical tools of the trade policy, such as subsidies or tax decrease, in order to stimulate the exports. Instead, assistance consisting in consultancy and facilities could be offered to the exporters for a better communication with foreign partners. Understanding the exporters’ motivation could be useful in such assistance. In this paper we approach the Romanian exporters’ perceptions about their activity. We use an investigation applied to the Romanian firms with export activity.Romanian exporters, Government assistance, Export performance

Analysis of within – month effects on the Bucharest stock exchange

This paper explores the presence of within – month effects on the Romanian capital markets. In our analysis we employ the daily values of some important indexes from two main components of the Bucharest Stock Exchange: BET, where there are listed some of the biggest Romanian corporations, and RASDAQ, which includes smaller companies. We find some significant differences between the calendar anomalies from the two markets. We also discover that in the last years within – month effects experienced some changes that could be linked with the development of the Romanian financial markets, by the adhesion to the European Union and by the global crisis.Calendar patterns, Romanian capital market, turn of the month effect, third month effect, half of the month effect

Strategic decisions for the Romanian exporters

This paper explores some particularities of the strategic decisions adopted by the Romanian exporters. We use four case studies in which there are presented such decisions. We conclude that in the actual complex context for the export activity the adaptation capacity is a key factor of success.Romanian exporters, Strategic decisions, Domestic markets

Exports as an engine for the economic growth: the case of Romania

This paper explores the dynamic relation between the exports and the gross domestic product from Romania. We employ the Johansen cointegration procedure and the Granger causality test to identify the interactions between the two variables. We find no cointegration but a unidirectional causality from exports to gross domestic product. We conclude the implementation of an export promotion strategy could be a solution for the Romanian national economy to surpass the actual severe recession.Export led-growth, Cointegration, Granger Causality

The Knowledge Economy

We are living through a period of profound change and transformation of the shape of society and its underlying economic base .The nature of production, trade, employment and work in the coming decades will be very different from what it is today. In an agricultural economy land is the key resource. In industrial economy natural resources, such as coal and iron ore and labour are the main resources. A knowledge economy is one in which knowledge is the key resource. One in which the generation and the exploitation of knowledge has come to play the predominant part in the creation of wealth.Key words: knowledge economy, globalization, organization, comparative advantage

THE WORK FORCE MIGRATION ABROAD AND ITS ASPECTS IN AN EMERGENT ECONOMY-ROMANIAN MARKET

The contemporary migration is considered a phenomenon that proliferates rapidly, its main engine being the globalization. According to the United States Division of Population, the international migration currently includes approximately 200 million persomigration, employment, highly qualified persons