China – Usa Relation within the Context of World Financial Crisis

We ask ourselves whether behind economic and financial globalization there is a crisis of international political relations. The answer is YES! This crisis confirms the existence of two main actors in the global geopolitical: America and China. America came in office after its complete affirmation at the end of the Cold War as the only world leader and China, although a country of opposites, knock at the gates of the world, trying to access the area of important countries, secretly proposing to get the number one power position of the world in the next 50 years.China, USA, geopolitics, geoeconomy, economic-financial crisis, international monetary system, dollar, Cold War, Chinese Communist Party

THE NEW CIVIL CODE: MONISTIC THEORY BETWEEN INTENTIONS AND REALITY

According to the explanatory memorandum, by adopting a new Civil Code the intention was to introduce the regulatory monistic conception of the relations in private law in one code. Therefore the legislator declares that it incorporated "all" regulations regarding persons, family relations and trade relations in a single act: the Civil Code. To what extent the above stated intention is reflected in reality we try to analyze below. Both before adopting the new civil Code and also now, the controversy aroused by the unitary/plural character of private law only concerns the area of trade and commerce. Because the monistic theory of regulatory issues, has always bordered on the civil-commercial law relationship, our approach will also only fit in this rang

Corporate Social Responsibility and the Sustainable Competitive Advantage

Being currently under the pressure of the various imbalances induced in the natural and social environment and faced with the deficiency of its own incremental growth, the economic system – which is exclusively focused on the economic performance – is currently going through a stage of global structural changes meant to connect it to the simple values of the community, society and even humanity as a requirement for its survival and development through the sustainable competitive advantage. Taking into consideration that globalization tends to quickly standardize technologies and to equalize the rates of profits, the area of competitive advantage is extended beyond the area of economic factors (product differentiation, cost reduction, etc.) in interferential areas, where factors such as social responsibility assumed by corporations become levers to increase competitiveness. Corporate social responsibility circumscribes the company’s set of obligations to the stakeholders (individuals, groups or organizations that are directly or indirectly affected by the actions, goals and policies of the corporation) in a certain system of reference. The multiple groups that make up the reference society of a corporation lead to a multitude of expectations. The legitimacy of these expectations embraces various degrees of validity. Responsibility is a continuous dynamic process meant to harmonize and balance the interests of various groups and the roles they play in relation to and for the purpose of the common good. So far, no system of indicators has been unanimously accepted and no methodology has been crystallized for measuring the effect of the social effort made in the sphere of social responsibility. Nevertheless, research performed over the past years has shown that an ethical behaviour involved in the issues of the natural, social and business environment has an obvious positive influence on the reputation and sales of the corporations. The corporations’ competitive strategies should include – apart from specific goals such as market share, product differentiation or smart promotion – the goal of harmonizing stakeholder expectations. In this context, the commitment to social responsibility becomes an important pillar in gaining the partners’ and the public’s confidence, along with a recognition that would strengthen the company’s market position and its commitment to a competitive sustainable approach.responsibility, social performance, sustainability, competitive advantage

The Human Potential and its Role in Business Development

Through its object of activity, an economic organization has the role to use efficiently the means of production that it possesses in terms of the full utilization of the production capacities, of a high quality of the products and of obtaining profit.Companies need in their human, material, financial, informational, human resources activities that they have at a certain moment in order to accomplish the mission and strategic objectives around which they rely on the whole activity

Multi-speed Europe? An Analysis of the Real Convergence within the European Union

Reaching an appropriate level of economic, social and territorial convergence has been a strategic goal for European policy and decision-makers. The author’s first assumption is that although in the early stages of the regional project, the Member States had similar growth and development levels, with the advancement of the integration process, the development asymmetries increased. In this paper, the authors stress the fact that the European decision-makers and researchers have become more and more interested to study if the Member States of the European Union meet the criteria for certain types of convergence: nominal, real, legal, structural and institutional. This paper brings to the fore-front the process of real convergence, trying to respond to the question if the Member States are catching-up, or are diverging. Moreover, taking into consideration the enlargement of the European Union with the countries from Central and Eastern Europe, we have studied the main trends within this group of countries. In this respect, we have calculated the σ and β convergence for three geographical clusters of countries: Central Eastern, North Western and Southern Europe. The results obtained show that the economies of the New Member States increased faster than those of the North-Western countries, experiencing a significant speed of convergence. In contrast, the North-Western countries recorded a negative pace in terms of convergence and significant discrepancies between them. In conclusion, the paper shows that the desiderate of real convergence becomes more and more difficult to achieve as while the Central and Eastern Europe states make important steps in reducing the disparities between them and also catching up with the European Union’s average, the Southern Europe countries are diverging.   Keywords: European Union, real convergence, σ-convergence, β-convergenc

Actual State of Dollar Diplomacy in American Economic Policy

As it is commonly known, the U.S. economy is the most powerful economy of the world, despite the indicator or the system of indicators that can be taken into account in the analysis. As we said, the twentieth century was a century of America. Future profound changes in terms of the current situation are expected in the future, some changes that will redesign the global economy. We are talking here about the emergence of nation states, a further developing and intensifying of the role played by transnational companies, the extent of mixed, interstate economies, the trend of regionalization and globalization of world economy will be imminent.economic expansion, economic policy

HUMAN RESOURCES STRATEGIES IN ROMANIAN TOURISM COMPANIES

In the context of political, social and economic global worries, tourism remains an underexploited option as its ability to be a consistent revenues source in Romania. Some companies have understood this and thus they have successfully developed their activities by building their business in a strategic way. In the same way, others failed due to lack of vision and coherence. The strategic thinking capacity, that has led them to success, has been reflected specially in their human resources strategies – positive effects generator on long term. What do they mean and what do these strategies consist of? The main purpose of this article consists in the analysis of information both from the online environment and literature reviews referring to this subject. It also aims to provide best practices and recommendations for a strategic approach of human resources in tourism companies, having in mind an area whose future must to be considered.JEL Codes - M1, M12, M1

Cheap Money Policy and its Role in Triggering Financial Crises

Nothing is more natural inside the evolution of a living system than the crisis itself, the only thing that distinguishes systems from each other is represented by how crises are solved and future developments. The biggest mistake would be to think that there are companies that can develop linearly. Arbitrary, indeterminacy they are well outlined in any development.financial crisis, economic cycle, cheap money policy, financial instability, economic boom

Periimplant soft tissues management in case of deficiency of thickness and width of keratinized tissue at the stage of dental implants uncovering. Clinical case

Introduction. Mucogingival surgery in the case of keratinized soft tissue deficiency is indicated to optimize the volume of the peri-implant soft tissue to reduce the risk of further complications (peri-implantitis, mucositis, peri-implant recession). A number of surgical methods for peri-implant soft tissue management are proposed, which makes it difficult to choose the optimal one for specific clinical situations. Aim of the study. Evaluation of surgical methods for peri-implant soft tissue management. Methods and materials. Clinical case presentation, patient F / 39 year old was rehabilitated with an implant-prosthetic in the dental clinic "Omni Dent" in the period 2021-2022. The patient had a deficiency of width of the keratinized soft tissue (LGK) as well as the thickness of the keratinized soft tissue (GGK). The stage of mucogingival surgery was decided to be performed after implant osseointegration. At the stage of uncovering the implants 14, 15, 24, 36, 3 mucogingival surgical methods were used: 1) at the level of the implants 14, 15 the apical positioned flap technique; 2) at the level of the implant 25 the pouch roll technique; 3) at the level of the implant 36, the free gingival graft from the palate. Study criteria: keratinized soft tissue width, thickness, trauma morbidity, complications. Dynamic monitoring 2-14 days, one month and 3 months - postoperatively. Results. The patient was monitored postoperatively in dynamics to evaluate 3 methods performed simultaneously comparing them according to the proposed criteria. Method 1: preoperative LGK - 3 mm, postoperative LGK - 6 mm; GGK pre- 1.5 mm, GGK post- 3 mm; moderate edema; moderate pain; difficult and long time to perform. Method 2 LGK pre- 4 mm, LGK post- 7 mm; GGK pre-2 mm, GGK post-4 mm; edema, insignificant pain; simple and short time to perform. Method 3 LGK pre- 3 mm, LGK post- 8 mm; GGK pre-2 mm, GGK post-4 mm; moderate edema; moderate pain in the donor and recipient area; difficult and long time to perform. Postoperative complications were not present. The choice of methods used in the study should be based on the analysis of several criteria and individualized to the clinical case despite the advantages and disadvantages. Conclusion. The technique of rotating flap (method 2) proved to be the method with the best results according to the established criteria, being followed by the technique of free gingival grafting from the palate (method 3), a good result but with more sacrifice. The last method with the apical positioned flap (method 1) did not show high efficiency obtaining minimum thickness difficult work and long time to perform, it is a method that requires a higher training and precision to perform