20 research outputs found

    Conceptual delimitations regarding the terminology used in the methods of investigating the future paper title

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    The authors propose the conceptual delimitation regarding the terminology used in the methods of investigating the future on the basis of a set of 7 variables. To this end, the hierarchical clusters? method will be used. The outcome of the research will be presented under the form of some clusters of terms with homogeneous meanings, almost synonyms, that would constitute the conceptual delimitation of the termsconceptual delimitation, anticipated future, cluster method

    Institutional drivers of shadow economy. Empirical evidence from CEE countries

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    Crises, such as the current pandemic, and the measures meant to tackle with them tend to increase the presence of the informal sector in the official economy, affecting mostly the emerging and developing economies. This situation is characteristic for the eleven CEE countries. These also display certain weaknesses at the economic and institutional level, which increase their vulnerability in times of crisis, with a real danger for the informal economy to grow.This paper aims to investigate the role of the institutional framework in explaining shadow economy in the mentioned countries. The methodological approach consists in a panel analysis using data from the 1996-2017 period and a principal component analysis meant to identify the specificities of each country. Our results demonstrate the influence of both formal and informal institutions on the shadow economy while country-level particularities show that institutional factors act differently in different socio-economic and political environments; consequently, the measures aimed to limit shadow economy should be adapted to each country’s specific context

    Incentivos institucionales para la economía informal. Evidencia empírica de países CEE

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    Crises, such as the current pandemic, and the measures meant to tackle with them tend to increase the presence of the informal sector in the official economy, affecting mostly the emerging and developing economies. This situation is characteristic for the eleven CEE countries. These also display certain weaknesses at the economic and institutional level, which increase their vulnerability in times of crisis, with a real danger for the informal economy to grow. This paper aims to investigate the role of the institutional framework in explaining shadow economy in the mentioned countries. The methodological approach consists in a panel analysis using data from the 1996-2017 period and a principal component analysis meant to identify the specificities of each country. Our results demonstrate the influence of both formal and informal institutions on the shadow economy while country-level particularities show that institutional factors act differently in different socio-economic and political environments; consequently, the measures aimed to limit shadow economy should be adapted to each country’s specific contextLas crisis, como la pandemia actual, y las medidas para combatir estas tienden a incrementar el peso del sector informal en la economía oficial, afectando especialmente a las economías emergentes y en desarrollo. Una situación característica para los países del Centro y Este de Europa. Estos países presentan ciertas debilidades a nivel económico e institucional que hacen más vulnerables en tiempos de crisis, incrementando el riesgo para el crecimiento de la economía informal. Este trabajo se propone investigar el papel del marco institucional para explicar fenómeno de la economía informal los países mencionados. Empleando análisis de datos de panel con datos anuales para el período 1996-2017; y análisis de componentes principales para identificar los rasgos específicos de cada país. Los resultados obtenidos demuestran la influencia del marco institucional formal e informal sobre la economía informal; y las particularidades identificadas a nivel de país muestran que los factores institucionales se comportan de manera diferente en ámbitos socio-económicos y políticos diferentes; por lo tanto, las medidas que se centran en la lucha contra la economía informal tienen que ser adaptadas a cada contexto naciona

    Assessing the economic resilience in central and eastern EU countries. A multidimensional approach

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    The concept of economic resilience has become a key topic in the economic literature since the crisis of 2008 and the current sanitary crisis brought back to the attention of researchers the need to identify the elements that allow the absorption of a shock and the economic recovery. In the paper, we study the economic resilience assessed by real GDP growth rate and employment rate for eleven CEECs, using annual data from 2000 to 2019. We include in our model 21 variables that reflect the economic, social and institutional dimensions for emphasizing the specificities of CEE countries. The empirical results show that most of CEE countries proved to be resilient either in both their economic output and employment (Croatia, Czech Republic, Hungary, Romania, Slovenia), or in one of these (Bulgaria, Lithuania, Slovakia). Only two countries appear to not have recovered in GDP growth rate and Employment rate (Estonia and Latvia). The analysis of countries specificities, using the principal component regression, highlighted that the social, economic and institutional framework of each country generated distinct responses in terms of resilience. The strengthening of the institutional dimension and the importance of education represent essential factors for the growth of economic resilience

    Population In Romania Within The United Europe

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    Romania joined the European Union with an important human capital of 21.5 million inhabi-tants (being the 7th country in size in the UE at the moment of its adherence in 2007). Nevertheless, it goes through a process of great demographic changes. On a long-term, the outcomes of this process are worrying. The continuous trend of population decrease that started in 1992, will also continue in the future and the evolution of its population’s structure on age groups, correlated with the evolution of birth rate, death rate and migration, highlight a powerful trend towards demographic ageing and a high level of social dependence. In this paper we aim at making an analysis of the demographic situation of Romania in the Eu-ropean context, as well as the future trends of evolution of the demographic behaviour of the Romanian population."demographic decrease, demographic ageing, demographic and social dependence

    Dynamique de la structure économique en Roumanie et l'impact sur le marché du travail

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    In this paper, the ?visualization? of the structural changes in the labour market is based on the analysis of the dynamics of various economic and social indicators, their magnitude and structure, which have a strong impact on the labour market. Finally, it is contoured the present labour market structure and its behaviour. Also it is used to individualise the profile of the counties and development regions using the occupied population by sectors and activities.structural changes, labour market, regional profile, Romania

    Institutional Dynamics and Economic Resilience in Central and Eastern EU Countries. Relevance for Policies

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    In the global context generated by the 2008-2009 economic crisis and by the current COVID-19 pan­demic, the analysis of the way in which territories can resist, return and adapt to shocks has become a priority for resilience-based policies. The paper aims to investigate the role of institutions in economic re­silience, in the particular case of Central and Eastern European countries since, despite the ongoing con­vergence process, the institutional gaps and weak­nesses of these states challenge their possibilities to recover after this health crisis, as well as to im­prove their resilience capacity. The methodological approach involves, firstly, a cross-country time-se­ries panel regression, using the annual data from 1996 until 2019. Secondly, we applied the principal component regression, in order to capture the coun­try specificities. The research focuses on the link­ages between institutional dynamics and economic resilience, an issue less reflected in literature. Our results confirm the influence of institutional factors on economic resilience and, more importantly, it is highlighted that the ‘one size fits all’ principle does not apply in the case of recovery and resilience pro­grams, which is due to the fact that institutions act differently, depending on various socio-economic and political contexts.</p

    The relationship between inflation and inflation uncertainty. Empirical evidence for the newest EU countries.

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    The objective of this paper is to verify the hypotheses presented in the literature on the causal relationship between inflation and its uncertainty, for the newest EU countries. To ensure the robustness of the results, in the study four models for inflation uncertainty are estimated in parallel: ARCH (1), GARCH (1,1), EGARCH (1,1,1) and PARCH (1,1,1). The Granger method is used to test the causality between two variables. The working hypothesis is that groups of countries with a similar political and economic background in 1990 and are likely to be characterized by the same causal relationship between inflation and inflation uncertainty. Empirical results partially confirm this hypothesis.C22, E31, E37
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