44 research outputs found

    Past and Future in the Evolution of US Policy in the Field of Competition

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    American competition policy is based on three normative acts: The Sherman Act, The Clayton Act and the Federal Trade Commission Act, even though they will see many amendments and different interpretations with time. Competition regulation has evolved through the decisions of the American Courts of Justice through which the legislation was interpreted, as well as a result of the priorities and directorial paths of the implementing agencies.The Antitrust Division of the Department of Justice, investigative model, Federal the Federal Trade Commission

    CONSIDERATIONS UNDER PUBLIC DEBT WITH THE CURRENT ECONOMIC CRISIS

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    In current economic conditions, in full financial crisis, many world state governments looked for external funding to cover budgetary deficits, fact that led to explosive external debt of these states. The state must accomplish its objectives. For overtaking each economic, industrial, cultural, political, technical sector needs, needs financial resources; but not always the state internal financial resources cover entirely financial needs.public debt; external public debt; consolidated debt

    The International Financial and Macro-Economic Frame of the Current Economic Crisis

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    The international financial and macro-economic frame of the current economic crisis is subjected to certain tensions yet remains relatively robust, even if there is a visible deceleration of economic growth in certain countries, the correlation between the price of actives due to the adjustment of the perception of risk is materialized, and the characteristics of the financial markets are significantly changed.crisis, recession, world economics, financial markets, economic deficit

    The Anachronism of the Local Public Accountancy Determinate by the Accrual European Model

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    Placing the European accrual model upon cash accountancy model, presently used in Romania, at the level of the local communities, makes possible that the anachronism of the model to manifest itself on the discussion’s concentration at the nominalization about the model’s inclusion in everyday public practice. The basis of the accrual model were first defined in the law regarding the commercial societies adopted in Great Britain in 1985, when they determined that all income and taxes referring to the financial year “will be taken into consideration without any boundary to the reception or payment date.”1 The accrual model in accountancy needs the recording of the non-cash effects in transactions or financial events for their appearance periods and not in any generated cash, received or paid. The business development was the basis for “sophistication” of the recordings of the transactions and financial events, being prerequisite for recording the debtors’ or creditors’ sums.accountancy, creditors, transactions, public sector

    PROFESSION AND CAREER IN THE BANK MANAGEMENT

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    Within the global economy, banks also face multiple challenges, starting from the great competition to the danger of diminishing the market quota and its profitability. The gradual development of the European bank system has led to the increase of the complexity of bank activity. The task of a bank manager is not only to run one any more. Mainly, the task of a modern bank manager is to use all resources at his/her disposal, in order to obtain the estimated results in front of the shareholders. This work is a reflection of the conceptualization processes of the ratio between “development” and “bank management” within the context of getting to know the reality. The theme refers to the structure of the personality of the bank manager which is found in profession, style and behaviour.management, bank system; bank manager profession; management team.

    BEYOND THE LIMITS OF CRISIS

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    The recurrence of economic crises serves to illustrate the limits of neoclassical economics and the contemporary established models. The study of complex systems, evolutionary economics and interdisciplinary research offers the possibility of new developments. The concept of emergence represents an insightful argument against the well-planned and ordered nature of the social sciences universe. Complex systems research represents the viable alternative for sustainable growth in the following decades

    The infrastructure of the Romanian financial system in the current crisis

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    International macroeconomic an financial environment is subjected totension but remains relatively strong, even if is a visible slowdown in economicgrowth in some countries, it materializes the asset price correlation dueperceptions adjustment regarding risk, and financial market characteristicschanges significantly.Systemically important components in the financial system architectureare represented by the payment and settlement system for financialinstruments. These systems, from their implementation until now, did not facedparticular problems because of high standards observance in terms of safetyand operational efficiency and the measures taken by the central bank

    The Anachronism of the Local Public Accountancy Determinate by the Accrual European Model

    Get PDF
    Placing the European accrual model upon cash accountancy model,presently used in Romania, at the level of the local communities, makespossible that the anachronism of the model to manifest itself on the discussion’sconcentration at the nominalization about the model’s inclusion in everydaypublic practice. The basis of the accrual model were first defined in the lawregarding the commercial societies adopted in Great Britain in 1985, when theydetermined that all income and taxes referring to the financial year “will betaken into consideration without any boundary to the reception or paymentdate.”1 The accrual model in accountancy needs the recording of the non-casheffects in transactions or financial events for their appearance periods and not inany generated cash, received or paid. The business development was the basisfor “sophistication” of the recordings of the transactions and financial events,being prerequisite for recording the debtors’ or creditors’ sums
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