THE COMPETITITVITY FACTORS

To evaluate a nation’s competitivity, we have to take into consideration a large number of variables. The difficulty does not exist in the number of factors, but in how you treat them, considering that some of them have an effectively qualitative determination (the style and the capacity of the managers, quality of the products, etc). Their quantification is not easy; especially since it cannot be accomplished unless we use some indicators which take into account the prices, costs, wages, productivities, investments and exports.competitivity, Business Competitiveness Index, Growth Competitiveness Index, Global Competitiveness Index

The reconstruction of the institutional system during the process of transition to the market economy

In the socio-economic system, the institutions represent a real structural frame on which the entire economic edifice is standing, inclusively the mechanism of functioning of the economy. The economic processes cannot take place in a normal way without an institutional system made up of a complex network of rules and organizations. Because the transition to the market economy also implies the edification of a new institutional system based on new principles and realities, one also imposes a theoretical and practical analysis of the institutions, of their transformation and adaptation to the new circumstances in order to make the normal economic life possible.institutional system, transition, reform, privatization

COMPETITIVENESS AND MONETARY MANAGEMENT IN ROMANIA – A CRISIS OVERVIEW

This paper aims to briefly present the effects of the financial and economic crisis in Romania in respect of the monetary developments and their impact on competitiveness, on firms involved in foreign trade on international market. All the analysis is undertaken in the general framework of the monetary integration process envisaging the Euro adoption, and in the context of actions of the Romanian National Bank as part of the foreign exchange and monetary policy strategy. Due to constant preoccupation from the most important monetary institution, the Romanian Leu has performed rather well compared to rest of the macroeconomic picture and seems to drag forward the whole set of other indicators, including economic aspects such as competitiveness. The connection between the foreign exchange rate and competitiveness can be best depicted in the effects on exporting firms.exchange rate, competitiveness, monetary integration

The Costs of the Sustainable Development at the Beginning of the 3rd Millennium

Presently the climate changes at a global level show, from the point of view of the effects that they generate a great importance. The real threat for the human survival is not the terrorism, but the climate changes determined by the global warmth. In this article starting from the definition of the concept sustainable development and of the theoretical preoccupations and practices from this field, we would like to approach some aspects related to the costs that the humankind has to bear at the beginning of this millennium in order to fight against the global warming. The different environment projects are very expensive and produce effects in time. Because, these projects were not treated as they should be, the humankind faces now a situation where important financial resources have to be used in order to solve the environment problems. In other words, one has to solve the environment problems from the past in order to produce in a competitive way for the future.sustainable development, Kyoto protocol, carbon credits

The role of the regional development policy in providing the economic and social cohesion

The economic and social cohesion policy aims at the reduction of the inequalities between the EU regions and at supporting these regions in order to use their economic and human potential better and to obtain a sustainable development. The enlargement of the European Union to 27 members represents an unrecorded challenge for the internal competitiveness and cohesion of the European Union. In the period 2007-2013 one shall focus in EU on the reduction of the disparities between the Member States and the regions by concentrating the resources on the less developed regions where the most part of the resources will be concentrated on the less developed regions and countries without neglecting the regions with a high development potential.regional development, economic cohesion, economic.