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ASPECTS CONCERNING EXTERNAL PARTNERSHIPS OF ROMANIA AFTER THE SECOND WORLD WAR
Get PDFAbstract After the ending of the Second World War, Romania\u27s cooperation relations with other countries were subordinated to the political and economic situations developed among the world states and to the events that followed the completion of the war, the form and content of these relations being different, corresponding to the context.The study presents aspects related to the partnership relations developed through the economic cooperation relations achieved by Romania within the Commission for Reciprocal Economic Aid – COMECON (CAER), on the period of its operation (1949-1989).There are presented participants\u27 cooperation modalities, the partnership being of public-public or public-private type.The examples shown include elements regarding the participating parties, the objectives to be achieved, the period, participation share, as the case may be.Also, some references are made to the enlargement of Romania\u27s economic cooperation relations, internationally, after the 1970 year, expression of the favorable evolution of the geographical space of manifestation of the Romanian foreign trade
BUILDING A DISCIPLINE. THE SETUP OF COMMUNICATION AS AN ACADEMIC DISCIPLINE IN ROMANIA
Get PDFThis paper aims to shed a light on the importance of looking on the epistemological and methodological grounds of communication as a discipline in Romania in order to be able to discuss about the professionalization of the domain. We start from the widely acknowledged idea that communication is a new and emerging field, drawing its concepts, theories, and methods from diverse other fields and domains. In Romania, as well as in other former communist countries, after 1990 the changes in the political and economic situation created the premises to establish university programs in communication and to create jobs for people working in communication. All these were possible with the help of “imports” from the Western world, imports that transferred not only concepts and theories, but also the epistemological dispute and weakness of the field. This paper explores the development and the current state of communication as an academic discipline in Romania. Through an analysis of the social documents available on the University program’s website, we seek to understand the theoretical roots of the discipline of communication, as well as its current development.
AN ANALYSIS OF PALM OIL PRICE FLUCTUATION IN THE FOREIGN MARKET
Get PDFThis research is aimed at investigating the impact of price and non-price on the demand for palm oil, supply and stock of palm oil in a foreign market. The data employed in this research were time series data. The analysis used the model of demand, supply and stock of palm oil. Full simultaneity in a dynamic model with inventories was adopted from Nerlove (1956). This research has shown that the supply of palm oil in the foreign market had a positive influence on the price, the area and the supply in previous years while the response of the demand was negative. On the other hand, the income and the demand in the previous years had a positive influence. The palm oil stock was influenced by the quantity in the previous years and international price
RELATIONSHIP BETWEEN CAPPED LENDING RATES AND NON-PERFORMING LOANS ON LISTED COMMERCIAL BANKS IN KENYA
Get PDFThe study sought to determine the relationship between capped lending rate and non-performing loans among the listed commercial banks in Kenya. The data for the study was collected from the period 2013 to 2017 from five listed commercial banks in Kenya. The research tested the null hypotheses that capping the lending rate has no significant relationship on non-performing loans of the sampled banks. The study adopted the quantitative research design to test the null hypotheses. The Pearson correlations results indicated that capped lending rate has no significant relationship on the non-performing loans. In conclusion the negative correlation can be attributed to fact that borrowers continue to repay the old loans (acquired before capping) the same scheduled payments before capping, reducing the duration of the loan and not amount payable on monthly basis. The recommendation is for such studies to be conducted on continuous basis for the next five years and advice the government on whether to drop or retain the cap for purpose of sustainable economic development in Kenya.
THE NUMBER OF EMPLOYEES, BASIC STATISTICAL INDICATOR OF LABOUR MARKET EVOLUTION. COMPARATIVE STUDY BASED ON DATA FROM BACAU COUNTY AND THE CENTRAL REGION OF MOLDOVA
Get PDFThe comparative approach to the evolution of the number of employees at the end of the year is aimed at illustrating the situation of the existing labour market in Bacau County of Romania and the Central Region of the Republic of Moldova over a period of 6 years (2011-2016). The dynamic analysis, with the latest available data of the above mentioned indicator, refers not only to the situation of each territorial unit (Bacau County or the Central Region), but also to a comparative analysis of the situation recorded in each of the two countries, Romania and the Republic of Moldova. In order to identify the existing gaps, data on the number of employees are analysed by gender and forms of ownership. In order to quantify the situation in the two territorial units for statistics regarding the labour market, a rather small number of indicators were taken into account due to lack of their dissemination on the desired administrative-territorial units
THE EFFECT OF THE FINANCIAL RATIOS ON THE SHARE PRICE OF INSURANCE COMPANIES LISTED IN THE IRAQI STOCK EXCHANGE MARKET USING MULTIPLE REGRESSION ANALYSIS (APPLIED RESEARCH IN THE IRAQI STOCK EXCHANGE MARKET)
Get PDFThis research aims to identify the most important financial ratios affecting the share price of insurance companies listed in the Iraqi Stock Exchange Market (ISEM) during the period 2006-2015, and to indicate which ratios are more influential than others on share prices. The research population which consisted of (4 companies) is taken from insurance companies listed in the Iraqi Stock Exchange Market. The research sample consisted of one of these companies, representing 25% of the research population. In the statistical analysis a multiple regression model was used to determine the relationship between the independent and the dependent variables and the results of this study showed that there is a statistically significant relationship and effect between some financial ratios and the share price. The study gave a general background on the financial markets and the Iraqi Stock Exchange Market in particular.What characterizes this study from previous ones is demonstrating the effect of the financial ratios on the share price in the Iraqi setting for insurance companies listed in the Iraqi Stock Exchange using the multiple regression method
SOME INSTRUMENTS USED TO ACHIEVE ENVIRONMENTAL PERFORMANCE IN TOURIST ACCOMMODATION UNITS
Get PDFThe paper highlights some instruments that help us to achieve environmental performance in tourist accommodation structures. The most known instruments used to achieve environmental performance are as follows: ISO 14001 standards (Environmental Management Standard), EMAS (European Eco-Management and Audit Scheme), and EU ECOLABEL. With the help of these instruments, we can identify and quantify the material and power resources consumed, the emissions and waste generated, we can evaluate their potential impact over the environment, and we can identify the options to reduce these impacts. The reasons at the basis of the creation of these instruments are extremely complex, going beyond the purely economic frame in order to enter an ethical sphere of debates inciting the spirit of almost all the population on the Globe, which is the type of planet that we leave as inheritance to our followers, the future generations. According to the reports of the European Commission regarding these instruments we have shown the evolution and the present situation of EMAS registrations and EU Ecolabel for European tourist accommodation services
Trade Liberalisation in SADC and the Economic Benefits of belonging to an RTA: The case of Tanzania
Get PDFThis paper examines the dynamics of trade liberalisation in the Southern Development Community (SADC), region and the economic benefits that Tanzania derives from SADC membership. The paper uses qualitative analysis and trade indices. The findings show that SADC is far behind its agreed schedule of transforming the region into a customs union and SADC intra-regional trade is very low, only South Africa and Mozambique seem to carry the potential to increase intraregional trade and benefit from SADC in the short run. On the other hand, Tanzania\u27s economic benefits from SADC membership have remained trivial, though her exports and market share have been steadily increasing since the mid 1990s. However, Tanzania does not suffer adversely from the dual membership of EAC and SADC regions, despite its membership in the two overlapping RTAs making its trade regime complex because tariff reductions under EAC customs union are not compatible with SADC\u27s hence resulting in problems in implementing the SADC Trade Protocol. However, the country may not need to withdraw its membership from either EAC or SADC due to signs of good prospect in the long run under the proposed harmonisation of the EAC and SADC trade regime through the Tripartiite Free Trade Area arrangement (COMESA-EAC-SADC)
Influencing Factors of Corporate Risk Disclosure Rate on Banking Industry in Indonesia
Get PDFThis research wants to examine the effects of Bank Size (CSIZE), Profitability (PROFIT), Public Shares Ownership (ISSUE), Total Number of the Board of Commissioner (BSIZE), Total Meeting of the Board of Commissioner (RPTDEKOM), and Member of Commissioner with background from Banking Supervisory Institution (BIDEKOM) to Corporate Risk Disclosure (CRD). This research analysis method using multiple linear regression analysis models. The result of this research shows that the data has fulfilled the classical assumption, such as: there is no multicollinearity and heteroscedasticity also data has distributed normally. From the regression analysis, found that partially Bank Size, Profitability and Member of Commissioner with Background from Banking Supervisory Institution variable, are significant to Corporate Risk Disclosure, while Public Share Ownership, Total Number of the Board of Commissioner and Total Meeting of the Board of Commissioner are not significant to Corporate Risk Disclosure
ABOUT THE ADVANTAGES OF PUBLIC-PRIVATE PARTNERSHIPS AND ITS ORGANIZATIONAL FORMS
Get PDFThe advantages and disadvantages provided by joining in public-private partnership reveal the challenges the economies are constrained to, pursuant to the impact of PPP on certain economic processes. There are identified forms of public-private partnership, which, in their development, are based on a number of factors: the actors involved, the origin of the financial resources, the duration of the contract, the existing traditions, types of agreement in relation to the way of sharing responsibilities and risks between public and private actors. The paper reveals studies achieved on the elements of public-private partnership, advantages, disadvantages they highlight, the forms of partnership grouped in relation to different factors, the stages pursued in the initiation of public-private partnership projects