Controversies Regarding Costs, Uncertainties and Benefits Specific to Shale Gas Development

The shale gas exploration and development is now a delicate and controversial subject. It is often assumed that unconventional exploration and extraction automatically brings prosperity for local, national and regional economies. In this paper, we argue that shale gas development requires a contextualized understanding of regional issues. We are also trying to identify the opportunities and the risks of shale gas development in Eastern Europe (referring to Romania’s case) and offer a cost-benefit analysis model that may be of interest to any policymakers and investors

MONETARY POLICY MANAGEMENT WITHIN THE POST-CRISIS CONTEXT

By taking into consideration that any macroeconomic administration activity it is either compulsory or necessary to be oriented for the obtaining of a complex system of optimum results, the post-crisis context become strictly correlated to the crisis one; this is mean that the management of the post-crisis programs is structural correlated to the management of the crisis ones towards the assurance of the sustainability being understood in all directions of the society life. The main aspect of the present paper is the aspect of the development needs of the management capacity of the macroeconomic policies system, among of the monetary policy is one of the components which has the same value and importance like any other component. Referring to the actual macroeconomic context, which is stronger influenced by the complexity of the economic relations that the crisis phenomena, the macroeconomic policies system must be associated to a level of thinking more closely to the complexity level already mentioned. In the same time, a more correct idea is that the actual economic crises, having different effects associated to the differences between the national macroeconomic systems, is a correct reply of the real economy for the insufficient management capacity of the macroeconomic policies systems.financial stability, macroeconomic policies, equilibrium, sustainability, crisis