Annals of Spiru Haret University
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Practice of good governance and corporate governance
Get PDFCorporate governance reforms are implemented around the world and may impact upon the population worldwide. In developing countries, such reforms are implemented in a broader context that is primarily defined by previous attempts of promoting “development” and recent processes of economic globalization. In this context, corporate governance reforms (in combination with the liberalization reforms associated with the economic globalization), in effect, represent a new development strategy for third world countries. The basic questions arising with respect to this situation are: what are the prospects for this new development model and whether alternatives should be considered
Considerations under public debt with the current economic crisis
Get PDFIn current economic conditions, in full financial crisis, many world state governments looked for external funding to cover budgetary deficits, fact that led to explosive external debt of these states. The state must accomplish its objectives. For overtaking each economic, industrial, cultural, political, technical sector needs, needs financial resources; but not always the state internal financial resources cover entirely financial needs. Therefore, each state needs to apply for external or internal loans.
Book reviews: Christopher A. Sims, Macroeconomics and Reality
No full text Two main ideas derive from a careful reading of the Macroeconomics and Reality study. The former one targets the appropriate nature of the methods used in macroeconomics and how they report to the economic reality. In this direction, Sims’ opinion looks radical. The mentions of the macroeconomic models (variables and equations) should rely on a set of data (empirical approach) or an analytical relation among different variables (theoretical approach). Sims explicitly excludes the mentions derived from purely statistical and econometric restrictions or other simplifying presumptions...
Book reviews: Filipe Carrera, Networking – Survival guide for professionals. How to be successful through contact networks
No full textFilipe Carrera is a first rank professional: he was awarded the “Most Outstanding Trainer in Europe” and the “Most Outstanding Trainer in the World” titles in 2008 and is currently a Marketing Management Ph.D. Professor within the Portuguese Institute of Marketing Management in Lisbon. His book is not a simple course without an anchor to reality, but a book expressing the personal experience and reading, it has an immediate practical applicability
The object of the assessment – part of the teachers’ evaluation
Get PDF The present paper is part of an ample research on a teacher assessment model in the pre university education system. The purpose was to establish the theoretical aspects of the assessment object taken into consideration. Thus, I have presented and described the assessment object, which involves the teacher’s performance, the content and the result of the teacher’s activity, which is materialized in the pupil’s knowledge.
The role and importance of the strategic planning in bank marketing
Get PDFThe paper aims to highlight the strategic planning role and place in bank marketing, define the concepts of strategic planning and marketing planning and the tactical planning, marketing plan and marketing program.In this context, the author emphasize the strategic marketing planning process and its implementation stages (defining the specific mission, environmental analysis, formulation of objectives, strategies, action plans and programs, implementation, testing, overhaul and performance evaluation). Also, are reviewed organizational and decision levels specific for the strategic planning, higher organizational level, strategic unit level and operational level and the criteria considered in formulating objectives: acceptability, flexibility, motivating character, clarity, feasibility and compatibility.
The evolution of Romanian demographic phenomena in terms of globalization
Get PDFGlobalisation and demography are the main forces modelling the development of societies at large and of each nation in particular.The paper aims to identify and synthetically present some factors of influence which triggered by the end of the 20th century and the beginning of the 21st century a series of characteristics defining the changes of the demographic model and structure of population on age brackets.The paper presents the results obtained by using the Markov-type model, for studying the development of demographic indicators in Romania, and their forecasting as well.
Economic process optimization deployed by companies with complex activity production – trade – services using informatics systems with integrated data mining techniques
Get PDFThere are many economic processes deployed by companies with a complex activity that can be optimized, among the most common being: supply, production/service, distribution, sales, suppliers/customers relationships, inventory management, human resources management, financial management, etc.After the deployment of business processes related data is obtained. The analysis of the related data must be the starting point in any attempt to optimize the economic processes because this data best reflects the actual situation of the company.In order to carry out such an analysis, several approaches have emerged to extract knowledge from the data accumulated. The first solution is to use specific software to analyze the available data. Another solution that can be successfully used is the implementation of data mining techniques within the database management software available supposing it is a new generation one
The National Export Strategy 2010-2014, a realistic alternative for the attenuation of the crisis effects
Get PDFThe Romanian economy is passing an economic recession period induced both by the persistence of the global financial crisis and the alarming evolution of the budget deficit and the consequences of the austerity measures upon the economic environment. In the actual conditions, Romania’s external creditors ascertain and impose certain limits for the budget expenses, necessary for a financially stable economy. The imposed limitation or self-limitation of the expenses for a 6 months sacrifice period, that could reach one year or longer, does not guarantee the economic re-bounce when the measurements for the strategic attenuation of the crisis, for the creation of a sustainable and competitive economy, are inexistent. Certain long term strategic aspects to which the external creditors, especially the IMF do not pay enough attention, but that can assure the sustainability and competitiveness belong to the internal component of the business environment and climate, to the ways to fight corruption, bureaucracy, tax evasion or they assure legislative predictability in order to support a transparent and competitive environment and the development of a new managerial culture. Others belong to the manner in which we will manage to assure national solidarity through justice, social or medical assistance or the influence of the politic aspect on the economy, on the administration in the other spheres of the social and economic life. These depend mostly on how the political sphere will manage to reform itself. Others belong to the educational reformation and the growth of the educational services suppliers’ capacity or to the research to sustain the companies’ competitiveness.
Industrial policy in the European Union
Get PDFRegarding industry, the bank in broad acceptation it consists of all firms producing identical or substitutable goods and services, these companies are engaged in a close race to meet similar needs as the same type of buyers.The evolution of industries is influenced by several factors: the pace of structural adjustment, adaptability to market requirements, the level of technological endowment, technical and financial capacity to attract financial resources for investment and technological upgrading, attractiveness to investors, usability of effective workforce, the development of services for industrial activity.The main objective of EU industrial policy is to strengthen international competitiveness, while providing its customers quality products at competitive prices. In shaping industrial policy, EU experience can provide a benchmark reference for defining the objectives, ways of action, specific tools and concrete measures to implement the policy.