Annals of Spiru Haret University
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Book reviews: Thomas L. Friedman – Hot, flat and crowded. Why the world needs a green revolution – and how we can renew our global future
No full text In his latest book, Hot, Flat and Crowded, the triple Pulitzer award laureate, Thomas Friedman, foreign affairs analyst and columnist at ”The New York Times”, succeeds a thorough and well-grounded analysis of the weather changes in the present and of the measures to be taken in the near future
Ameliorating the effects of global crisis on human resources
Get PDFCapitalist globalisation has produced certain negative consequences for human resources, industrial democracy and humanity in general. Globalisation is a powerful force that cannot be denied, however, conversely, it has also threatened life, in a broader sense. Globalisation was perceived by globalisers as a worldwide remedy for worldwide problems, but is viewed with great pessimism amongst proletariat (workers). In fact, current globalisation has an enormous negative impact on human resources, industrial democracy and humanity, at large. Hence, the aim of this paper is to proffer mechanisms, which can ameliorate negative impacts of globalisation on human resources, industrial democracy and humanity. It is the author’s belief that if current postulates are considered, globalisation might present a different picture, which could have positive effects on human resources, industrial democracy and humanity, in general.
Globalization and sustainable development – the need for stronger integration and international cooperation in the environmental area
Get PDFThe rapid expansion of economic integration (an important driver of globalization) led to the need of synchronizing national level policies on a variety of issues. One of the areas that require coordination is our fragile surrounding environment. This paper argues that central to this initiative is the need for international cooperation. The study is mainly based on theo-retical and conceptual arguments which explore the multifaceted relationship between globalization and sustainable development (the core objective of the paper). We will firstly demonstrate the ways in which globalization affects the environment, then debate upon the encountered challenges (relying mainly on the need for cooperation) and finally discuss and recommend collective global action as a solution to maximize the opportunities globalization posits to sustainable development. The authors will also rely on practical examples and data to offer consistency to the debate
Institutional change and inter-institutional cooperation – challenge and opportunity for economic growth and innovation
Get PDFThe knowledge-based economy/society challenges and changes organisations, institutions and job contents generated by new requirements and the increasingly complex and dynamic environment in which they are compelled to act.Institutions and organisations, public or private, need to adjust rapidly and changes in their own action sphere and in environments surrounding them for ensuring sustainability, surviving and competitiveness. Assessment tools and analytical indicators should be developed as institutional analysis will become increasingly relevant for economy and society. Innovation turns into one of the key-concepts also for institutions and institutional change in increasing efficiency and effectiveness.
The postmodern ethics of global capitalism
Get PDFGlobal capitalism constitutes a concept surrounded by contention and controversy, fact which is evidenced by the abundance of studies regarding it, and probably the main feature which is nowadays questioned is its moral behaviour. The present study intends to provide an opposite explanation regarding the ethics of global capitalism by associating it with the contemporary movement of post-modernity. The aim of this paper is to demonstrate that global capitalism, since it reflects societies’ ethics, cannot be intrinsically good or bad, but morally ambivalent, the determination of global capitalism to be more unprejudiced depending on the willingness of individuals to be moral.
Book reviews: Marsh David, The EURO – The Politics of the New Global Currency
No full textThe EURO – The Politics of the New Global Currency, written by David Marsh and published in both English and German, is a very thorough chronicle of the birth of the European common currency, from its early days, almost half a century before, and of its development until nowadays and even beyond, as it includes considerations on short term dynamics. David Marsh describes the story of the euro in a very complex manner, through a detailed, comprehensive and up to date analysis of the gathered data, making a substantial contribution to understanding the linkages between the political, historical, economic, financial, monetary, strategic and personal determinants of the evolution of the single currency
Fads in management and their potential to lead managers on false trails
No full textThe increasing globalization, the explosion of the information age and all the changes on economic, financial and social level has affected the business environment. As a consequence, the organizations are trying to keep up with the competitive requests of the market, while the field of management is going through a revolution. The objective of this paper is to analyze the concept of fad, by underlying their potential negative effects when it comes to the performance of a business. The first section will present the role of managers in organizations and their attraction for fads. The second part will focus on the persons who spread these fads and the impact that unfounded beliefs about how to manage have upon a company. The last part of the paper presents the conclusions, by providing at the same time some solutions, so that managers do not feel in the trap of fads and their promoters.
Some theoretical and practical lessons to be learnt from Romania economic crisis challengesin Romania
No full textThe present article has as a main theme the complex mechanism regarding the evolution of world global economy crisis started back in 2008, and its present influence at the level of Romanian economy.This paper herein will analyze, in short, a few of the theoretical, methodological, practical and implementation challenges brought about by the crisis in Romania, as well as the likely ways to prevent, mitigate impacts and resist to its shocks or to go back to the path of a sustainable economic growth
The impact of financial innovation on banking regulation. Evidence from the global financial crisis
Get PDFThe development of financial innovations in a fast pace led to increased efficiency of the financial system, but raises some issues regarding the regulation and supervision of financial activity. The latest example is the global financial crisis, which has pointed out the negative role played by the financial innovations of credit risk transfer on the stability of the financial system. Starting from the above, the article herein is structured in the following sections: the first one reviews the decisive factors of the financial innovation, the second one highlights the role of the financial innovations in the global financial crisis and the final one refers to the impact of the financial innovations on the financial regulation and supervision
Comparative aspects regarding safety and health at work in European enterprises
Get PDFSafety and health at work has, according to the European policies, a key role both in increasing employment, including through the prevention of premature withdrawal of employees from the labor market and in increasing competitiveness and economic performance of European enterprises. The paper makes an initial brief presentation of the main provisions of European and national policies on health and safety at work, then continues with an analysis of statistical data regarding the situation of health and safety at work for employees in EU-27. A special attention is paid to detailed analysis of recent data, from the National Institute of Statistics, on the situation concerning occupational accidents and professional diseases in our country, including factors that determine them, depending on sex, residence area, age group, economic activity, number of absence days due to health problems caused or aggravated by work.