MODELING MANAGERIAL ACTIVITY, A CHALLENGE OR A NEED INTO THE INTERCONECTED ECONOMIC SPACE

In the European economic area, which becomes more and more interconnected, the management system provides ways of obtaining a performance which, on changing the size of the firm, sometimes prove to be inadequate. During that lapse of time from triggering the action when the results can be measured should be as small continuously decreasing. The information required to be used in the decision support are required more avid. The manager will use different models for measurements of indicators of discrete evaluation, but it proves that not to be the best solution. Only the availability of this information will enable them to make better decisions, and by changing the way of how the decision making needs to get a deep effect on those decisions which are currently in action.interconnected economy, managerial activity, sustainable development, management model, resource evaluation, risk management

Romanian educational system - component of the national economy

National economy as a stand-alone entity, is a set of resources (natural, material, human, etc..), production activities, trade, service etc. that have established branches, sectors, etc. at a country’s level, between which are established reciprocal links which is based on the material and spiritual movement values, ensures the operation and economic development of society. Thus, the national economy’s system appears as a set of interconnected elements through economic, educational, informational, technological, cultural, etc. relations according to a predetermined goal, or serving the same goal.national economic system, education, cybernetic system, educational system, educational activity

The Impact of the Flat Tax Reform on Inequality: The Case of Romania

In this paper we focused on the flat tax impact on inequality in Romania. We compared 2005 against 2004, when we were able to isolate the flat tax impact from other factors. We found that the higher the gross wage, the higher the flat tax gains. The inequality indicators we calculated (the Gini index, the relative mean deviation, the coeficient of variation, the standard deviation of logarithms, the Mehran index and the Piesch index) show an increase in inequality determined by the flat tax. The Lorenz curve is illustrative, as only the last quantile of the population (richest 20%) appears as the clear winner of the flat tax. The results also indicate that the income elasticity of consumption is decreasing across quartiles, from 81 to 71 percent. We conclude that the flat tax led to increased income inequality and it stimulated households consumption particularly among the wealthiest households.flat tax, inequality, income distribution, consumption elasticity

The Determinants of Foreign Banking Activity in South East Europe: Do FDI, Bilateral Trade and EU Policies Matter?

This research paper attempts to find explanatory variables for foreign banks activity in SEE and CEE, mainly among three categories of factors: FDI, bilateral trade, and EU policies. We proxy bilateral banking activity by the consolidated foreign claims of reporting banks between source and recipient countries. Our sample includes 12 source countries (of which 10 are EU members) and 16 recipient countries (from SEE, CEE and former Soviet Union), and it covers the 1995-2004 period. We found that bilateral trade and the interest rate differential are significant and bear the expected sign, which means that foreign banks follow the customer and exploit profit opportunities. Foreign direct investment (FDI) was found to be weakly significant and only with a two-year lag, which means that banking activity is generated by non-financial FDI only after that FDI matures. Banking sector reform, a proxy for EU policies imposed to Eastern European countries, also appears significant. Lack of corruption is important, while distance does not matter. This paper also finds that an increase in foreign banks’ activity in a recipient country is correlated with an increase in the Human Development Index.

The Impact of the Flat Tax Reform on Inequality - the case of Romania

In this paper we focused on the flat tax impact on inequality in Romania. We compared 2005 against 2004, when we were able to isolate the flat tax impact from other factors. We found that the higher the gross wage is, the higher the flat tax gains are. The inequality indicators we calculated (the Gini index, the relative mean deviation, the coeficient of variation, the standard deviation of logarithms, the Mehran index and the Piesch index) show an increase in inequality determined by the flat tax. The Lorenz curve is illustrative, as only the last quantile of the population (richest 20%) appears as the clear winner of the flat tax. The results also indicate that the higher the income level, the higher the income elasticity of consumption. We conclude that the flat tax led to increased income inequality and it stimulated households consumption particularly among the wealthiest households.flat tax, inequality, income distribution, consumption elasticity

Study Regarding the Increasing of Human Resource Quality in Academic Activity

The life of any organization is not only manifested through its activities, but also by subjective states that its members live and shape its human dimension. Involved in carrying out different activities, the TTD’s academic human resource interact and cooperate, their work is accompanied by all kinds of experiences: dissatisfaction-satisfaction, happiness-sadness, confidence-deterrence, etc. These states are the subjective dimension of work, influencing, at a high level, the overall condition and the smooth running of the organization, its performance.human resources, quality assurance, educational management

The Crises Management faced with new Challenges

We witness an economic crisis without precedent that affects every area of our existence, rich and poor, at a global scale. The noise of financial crisis makes us no longer perceive other crises, which no one seems ready to accept them, namely a crisis of values that proliferate in our society. The experience of the past crises shows that the recession affecting mainly local companies, multinational companies managed to make profits during hard times for the economy of the host country, and the management is put in front of new challenges

The Crises Management faced with new Challenges

We witness an economic crisis without precedent that affects every area of our existence, rich and poor, at a global scale. The noise of financial crisis makes us no longer perceive other crises, which no one seems ready to accept them, namely a crisis of values that proliferate in our society. The experience of the past crises shows that the recession affecting mainly local companies, multinational companies managed to make profits during hard times for the economy of the host country, and the management is put in front of new challenges

Learning to Live Life Depth

Current coordinates of everyday life may be addressed in school, alongside other elements of education, and education issues for environmental quality. This highlights a major priority for all of us, to know, protect and preserve the living environment, nature conservation and became effective and fair only when it will be part of our philosophy and behavior. We are at a historical moment that should guide our actions, meditating greater the repercussions on the environment. Deepening the knowledge of students and even our academics, and acting with greater wisdom, we can provide for ourselves and for posterity living conditions in an environment better adapted to the needs and aspirations of humanity. Safeguarding and improving the environment for present and future generations has become a primary goal of people, a task whose implementation will be coordinated and harmonized with the fundamental objectives laid down already, of peace and economic and social development worldwid

Learning to Live Life Depth

Current coordinates of everyday life may be addressed in school, alongside other elements of education, and education issues for environmental quality. This highlights a major priority for all of us, to know, protect and preserve the living environment, nature conservation and became effective and fair only when it will be part of our philosophy and behavior. We are at a historical moment that should guide our actions, meditating greater the repercussions on the environment. Deepening the knowledge of students and even our academics, and acting with greater wisdom, we can provide for ourselves and for posterity living conditions in an environment better adapted to the needs and aspirations of humanity. Safeguarding and improving the environment for present and future generations has become a primary goal of people, a task whose implementation will be coordinated and harmonized with the fundamental objectives laid down already, of peace and economic and social development worldwid