THE IMPACT ON CLIMATE AND ENVIRONMENT CHANGE –RENEWABLE ENERGY SECTOR

Most of the people have an idea of what renewable energy sources are and what they can offer us. The majority of people are also very aware of the impact that non-renewable energy is having on the environment. The adage reduce, reuse, recycle is commonly recited today by adults and children alike. We have started to see an increase in the reduction of waste and consumption of energy and the recycling and reuse of products we use. It is time to see an increase, however, in the use of renewable energy.environment; climate change; renewable energy; non-renewable energy; recycling; alternative energy sources

The economic recovery in the Central and Eastern European EU countries

Following the recession in 2008-09, the economies of the eight EU countries in central and Eastern Europe outside the euro area (CEE) are recovering gradually, albeit with significant differences across countries. The expansion in economic activity is currently being driven primarily by exports as domestic demand remains subdued. Those countries that accumulated relatively more substantial internal and external imbalances before the financial crisis suffered more severe contractions in output during the crisis, and most of them face a more sluggish economic recovery.   

Foreword

The global economy of mid-2019 is a fragile one and needs urgent cooperation, OECD analysts said in OECD Economic Outlook issued in May 2019. Trade and policy uncertainties could significantly harm the world economy during this year and would further contribute to the growing division of people.Trade and investment have slowed drastically, especially in Europe and Asia. The confidence of companies and consumers has slowed down. In response, financial conditions have relaxed as the central banks have moved towards a more coherent monetary situation. Tax policy has provided incentives only in a few countries

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2019 begins with worrying prospects regarding certain realities of the world economy.The International Monetary Fund (IMF) announced at the end of January 2019 that it revised downwards the forecasts for world economic developments over the period 2019-2020, given the persistence of trade tensions and rising political risks, AFP reported.As for the second downgrade of estimates announced by the IMF in the last three months of 2018, the international financial institution warns that a slowdown over the expectations of the Chinese economy and a possible Brexit without a deal are the main risks to its estimates, adding that they could aggravate turmoil on financial markets..............

Foreword

In the middle of 2017, global activity is firming broadly as expected. Manufacturing and trade are picking up, confidence is improving and international financing conditions remain benign. Global growth is projected to strengthen to 2.7 percent in 2017 and 2.9 percent in 2018-19, in line with OECD January forecasts. In emerging market and developing economies (EMDEs), growth is predicted to recover to 4.1 percent in 2017 and reach an average of 4.6 percent in 2018-19, as obstacles to growth in commodity exporters diminish, while activity in commodity importers continues to be robust. Risks to the global outlook remain tilted to the downside. These include increased trade protectionism, elevated economic policy uncertainty, the possibility of financial market disruptions, and, over the longer term, weaker potential growth. ....

Brand Management Nowadays

Although the economy is expected to recover somewhat in 2010, the reality is that brands and retailers are facing - and will continue to face for a generation to come - a very different consumer. In this sense, many wise marketers and brands will seek inspiration from brands that won in the Great Depression. That period saw a generation of shoppers completely transformed. Today’s recession, the likes of which most current day consumers and marketers have never seen or felt but only heard of, has shaken shoppers to the core.brand management; value consumer; GDP; economic crisis.

FOREWORD

In their article called The New Economy Drivers and Disrupters Report. Tracking the Forces Threatening the World’s Hottest Economies published in Bloomberg Businessweek in October 29, 2019, authors Tom Orlik, Scott Johnson and Alex Tanzi say that “twenty years ago, China’s economy was a tenth the size of the United States. In 2019, it is two-thirds as big. In 2039, on the current trajectory, it will be more than 10% bigger. India will have leapfrogged Japan and Germany to claim the No. 3 spot in the global rankings. Vietnam will be closing in on the top 20.  Disruptive forces are sweeping the global economy. Populist regimes are throwing out the policy rulebook. Protectionism is deadening the trade flows that drove China’s rise. Automation and the digital economy are boosting productivity for some, eroding old sources of advantage for others. The threat of climate change looms. The path to prosperity followed by such success stories as Korea and Japan is increasingly hard to follow. From Beijing to Brasilia, getting the right mix of smart investment, skilled workforce, innovation capacity and effective governance in place is already tough to do. Combating disruptive forces – which, from protectionism to climate change, threaten an outsize impact on low- and middle-income economies – adds to the challenge.” The same Report says that “the origins of many of the changes sweeping the global economy can be traced to two sources: trade and technology. ....

Ethics and integrity in multinational companies

The good news for multinationals is that globalization is creating more universal standards of business conduct, and these are becoming more rigorous. As more companies adopt these standards, it becomes increasingly important for every multinational to establish companywide core values, standards of behavior, and relevant policies in tune with the rest of the world's ethics and compliance environment. The benefits of an ethical culture outweigh the costs. Globally ethical companies will be those that maintain a strong reputation in all their markets, experience increased employee commitment and loyalty, garner advantages in attracting and retaining customers, and generate superior levels of performance and success.globally ethical companies; business conduct; ethical culture; professional standards; corporate code of conduct.

FOREWORD

After a year in which Romania achieved the fastest growing economy in the European Union, 2017 comes with a unique set of challenges.In 2016, the economy was the main driver of consumption and economic analysts expect it to slow down, while prices will increase. The government estimated an increase of 5% for the Romanian economy in 2017, but the World Bank warns that this could be too optimistic and expects an advance of only 3.4% of the economy. However, growth remains above the EU average, which is why 2017 could be a year at least as good as 2016. ..

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