Spiru Haret University: Open Journal Systems
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The role of economics in cartel detection.A review of cartel screens
Get PDF. In their desire to gain market share and profit, companies often resort to certain anti-competitive practices. Among them, it is well known that cartels are considered the most serious infringement of competition law. Cartels aim to increase their prices and profits at the expense of the consumers’welfare by avoiding the risks of competition and reducing the uncertainty in the market. In order to uncover cartels, screens can be a useful tool for competition authorities, using them to support opening an investigation or to filter industries prone to anticompetitive behaviour for further investigation. Screens can also help authorities to estimate the duration of the infringement, by identifying the starting point and the ending of the respective practice.This paper reviews the main screens identified in the empirical literature and also used by competition authorities in order to uncover firms’ behaviours which are more likely to be consistent with collusion than with competition.
Areas of Smart Specialisation and the Romanian Research
No full textThis article aims at identifying the areas of smart specialisation presence in the Romanian research and strategies in the field. A succinct picture of national goals and the evolution of the areas of smart specialisation in Romanian research have been outlined by reviewing research policies at EU and Romanian level.
Mutual Trade and Cross-Border Economic Interaction of Ukraine and Slovak Republic
Get PDFThe Slovak-Ukrainian border, as well as mutual economic interaction has been changing in the course of the following periods: a) 1993-2004: the bilateral intergovernmental regime of the border; b) 2004-2016: the community regime of the border between the EU and Ukraine, and c) the new border regime after the signing and subsequent implementation of the Association Agreement between the EU and Ukraine, including the Deep and Comprehensive Free Trade Area Agreement (DCFTA) as well as an agreement on visa-free regime between the EU and Ukraine. Within the outlined context the paper seeks to explore the history and dynamics of Slovak-Ukrainian mutual economic interaction, as well as the recent conditions in the CBC area, understanding of which may contribute to building capacities of CBC actors to make best use of opportunities brought by AA/DCFTA and thus consequently to boost economic development of the Slovak-Ukrainian borderland regions
ACTIVE SOCIAL PROGRAMS AND THEIR STRATEGIC ADVANTAGES IN LABOR MARKET DEVELOPMENT
Get PDFThe active programs and measures on the labor market are the subject of increasing interest and comment not only because expectations for tangible effects, but also because of the relatively significant financial resources necessary for their implementation. The paper discussed the active social programs and their strategic advantages in labor market development considering the methodology of their development and accenting the role of human resources and innovative technologies
New public diplomacy and its effects on international level
Get PDFAbstract. The purpose of this article is to make known the new type of public diplomacy and the effects this new diplomacy can have internationally. The objectives of our article refer to the context of change, the role of the media in public diplomacy, new approaches and elements of public diplomacy, current diplomacy in scientific and technical way and the use of scientific cooperation to improve bilateral relations between countries.
The Effects of Right Offering Announcements on Returns of Shares of Deposit Banks Traded in İstanbul Stock-Exchange
Get PDFIn this study, the impacts of right offerings announcements on the returns of shares are analysed. Right offerings means to have the rigth of receiving new shares in proportion to shares on hand when the corporation issues new shares for outsourcing capital increase. In this study, before and after the right issue announcements, the abnormal returns (AR) of shares of the banks in Istanbul Exchange Market-100 calculated and the return changes are analysed
Foreword
Get PDFThe world economy is still recovering after the ‘big crisis’, whose effects are visible in many industries, thus making the investors more cautious about new projects.At the regional level, the European Union has developed an ambitious strategy for the coming decades. EU’s growth plan aims to deliver a smart, sustainable and inclusive growth, focused on five goals in the areas of employment, education, innovation, poverty reduction and climate/energy
Premises for Adapting Curriculum and Educational Package to Labor Market Requirements
Get PDFFrom all times it has been demonstrated that human resource is the most important and valuable asset for a company. Investing in human resource training and education should be a priority for organizations and universities. As the investments to bring benefits for economy the communication and collaboration between organizations (market) and universities (school) must be very close. As a consequence the scope of the paper was to identify the measures necessary to improve the existing university curriculum by linking with the labor market requirements. In this regard was implemented a market research within, “Adapt2jobs” POSDRU project, in 2 steps: a survey for organization and a survey for students. The article presents the results of the qualitative and quantitative results of the analysis regarding the market demand, the requirements of organizations for employees
Changing Economy – developing key skills for a new attitude
Get PDFGo with the times or be gone in no timeOur economy and society is marked by very rapid changes. We live in times of permanent changes in a breathtaking pace. This is accompanied by uncertainty, anxiety and general lethargy.We can recognize Phenomena such as these not only at individuals - undisputed right at each of us in varying degrees – but it also relates to all sectors, such as the economy, politics, society in its various areas
AN ESSAY ON THE APPLICABILITY OF THE LINDER HYPOTHESIS IN DETERMINING THE PATTERNS OF THE ROMANIAN INTERNATIONAL TRADE
Get PDFThe paper tries to shed light on the effectiveness of a previously proposed and wide accepted trade model and its consistency in developing economies such as Romania. The structure and evolution of the exports and imports of Romania in the last years have indicated an increase in the intra-industry trade, and concurrently, a shift towards the commerce in predominantly capital-intensive commodities. While the Linder theorem provides useful insight into the patters of international trade formation, the hypothesis that trade is proportionate with the demand and market similarities expressed by GDP per capita, does not test out for the data available for Romania and its main economic and commercial partners.The political and economic restrictions and opportunities generated by foreign relations in the region can be attributed with the role of trade-creating forces, rather than income similarities on the markets.