Adjustment of macroeconomic imbalances

The global financial and economic crisis was the factor that triggered the adjustment of macroeconomic imbalances accumulated in Romania. The current account deficit and budget deficit were two major structural imbalances that have created a high vulnerability for the economy and explained the extent of economic contraction in Romania during the economic crisis. This article identifies the main causes that lead to the need for fiscal adjustment both in the EU and in Romania, as well as main effects of adjustments in respect of their experience in recent years. The article deals with this topic, because the current topical debate in the field of fiscal adjustments implemented both in the EU and our country, and their need for economic activity aimed at economic recovery

Sustainable growth

This paper aims to analyze the economic growth in general as well as in Romania, trying to highlight the elements that stand at the foundation of this process. The beneficial effect of the growth process, resulted in the improvement of living standards and the need to implement measures to improve this process in our country, were decisive elements that led to an improvement in the standard of living of the individual

Are Seat and Aisle Interferences Affecting the Overall Airplane Boarding Time? An Agent-Based Approach

Seat and aisle interferences are assumed to be linked with a prolonged boarding time along with several other aspects related to airplane boarding such as: luggage handling, luggage distribution inside the cabin, number of passengers, passengers’ physique characteristics, group behavior, seat selection, aircraft occupancy, aircraft design, etc. Based on these assumptions, a series of proposed boarding methods, underlying their efficiency starting from the absence or limited presence of these types of interferences, are proposed. The present paper aims to analyze whether the different types of seat or aisle interferences do matter for the overall boarding time by considering 24 boarding methods proposed in the literature. A series of specific elements related to interferences, such as: the average waiting time, the average number of interferences based on their types, and the average number of interference-affected passengers, have been considered. Also, the presence of multiple interferences in different parts of the aircraft has been analyzed in order to offer a complete picture of the considered situation. An agent-based model in NetLogo 6.0.4, fed with values form field trials within the literature is created and used for simulations, which enables the agents to act like real passengers involved in an airplane boarding process