Ecoforum Journal (University of Suceava, Romania)
Not a member yet
2360 research outputs found
Sort by
GLOBAL VALUE CHAINS AND ITS IMPACT FROM AN ECONOMIC GLOBALIZATION PERSPECTIVE
No full textGlobal value chains (GVCs) are increasing during the past decade, thereby raising new policy challenges for many countries, regarding various fields, as trade, competitiveness, innovation and management of global systemic risk. Today, world economy is characterized by global value chains in which intermediate goods and services are traded in fragmented and dispersed production processes. Therefore, the study of global value chains adds to understanding the nature of today’s geographically dispersed activities. In this article we try to analyze not only the evolution of value chains, but, in the same time, the changing features of this phenomenon in the last few years
Analyzing Determinants of Financial Performance of Micro Finance Companies in Ethiopia from 2010-2018. Emperical evidence from Ethiopian Micro finance companies
No full textMicrofinance institutions are proved to be a powerful tool for financial inclusion through financing entrepreneurial activities in rural and urban areas. However, to reach at their objectives, microfinance institutions need to be financially sustainable and sustainability largely depends on profitability. Given the above rationality, the purpose of this study is investigating determinants of microfinance institutions profitability in Ethiopia over a period of nine years (2010-2018) in the twelve purposively selected institutions. The study investigated eight microfinance institutions profitability indicators including debt equity ratio, liquidity ratio, operational self-sufficiency ratio, financial self-sufficiency ratio, portfolio at risk, loan loss reserve ratio, operating expense ratio and total assets (size). Profitability of microfinance institutions is measured by return on asset. Quantitative research approach was employed and secondary data were collected from the audited financial statements which were analyzed using multiple regression model. The results of the study show that operational self-sufficiency ratio, financial self-sufficiency ratio and total assets have positive significant relationship with return on assets of microfinance institutions whereas operating expense ratio, debt-to-equity ratio and liquidity ratio have negative significant effects on return on assets of microfinance institutions. However, portfolio at risk ratio and loan loss ratio has no significant effect on the profitability of microfinance institutions. The study recommends that microfinance institutions management shall focuses on ensuring the operational self-sufficiency, financial self-sufficiency and total assets (size) in order to increase their profitability. Moreover, due attention shall be given to well managing their operating expense ratio, debt equity ratio and liquidity ratio
APPROACHING THE COVID - 19 PANDEMIC FROM THE PERSPECTIVE OF HUMAN CAPITAL MANAGEMENT AND RISK MANAGEMENT IN THE EUROPEAN UNION
No full textMore and more world leaders agree that the COVID-19 pandemic has established, "overnight", a new world order. Thus, this led to the rewriting of European public policies, in the sense of emphasizing risk management, responsible crisis management, emergency management, and even authoritarianism. However, the course of events demonstrated that both the officials who handled the exceptional situation caused by COVID-19 and the citizens learned important lessons, becoming more cautious and responsible, experiencing solidarity and restoring their priorities. Thus, in this context, human capital is seen as the only inexhaustible resource, the human factor being alone able, not only to adapt to survive, but also to "reinvent". Taking into account the aforementioned considerations, but also taking into account the examples from European administrations and the opinions expressed by the factors involved (decision makers, institutional implementers or ordinary citizens), in this paper, we intend to highlight how the institutions worked, in the current epidemiological context, focusing on how to make and implement decisions, in conditions of uncertainty, risk factors, uncertain developments, as well as in the context of gloomy forecasts in the European Union, determined by the large number of new cases. Undoubtedly, the COVID-19 pandemic surprised and affected every organization and every individual, in part, affecting the natural course of their lives, professionally or personally. Certainly this pandemic was and is declared an unforeseen risk and for which, obviously, no solutions could be anticipated.
INNOVATIVE STRATEGIES OF HUMAN RESOURCE MANAGEMENT IN THE PROCESS OF INITIATION AND ELABORATION OF EUROPEAN FUNDING PROJECTS
No full textIn the context of globalization and economic crises at European level, the scale of the activities of contemporary organizations (economic and social entities), determined especially by the increasing flexibility of the environment in which they take place, calls for innovative approaches in the exercise of managerial tasks and strategic examination of issues. At the same time, we must note that today any modern activity is seen as a project with a complex character, which imposes a new vision starting with the analysis of the needs of the project and ending with the efficient reuse of its results. Based on the above, we can mention the significance of project-based management, which is recognized as a managerial approach that allows an optimal organization of human, material and financial resources and is the benchmark in developing and implementing medium and long term sustainability strategies (implicitly forecasting and organization of activities). Being recognized the pressures of the competitive economic and political system of the industrialized world and the competitiveness between the producers, the managers are constantly looking for new project management techniques, able to guarantee optimal results. A successful business means an investment in a successful project, with predictable and planned activities. Therefore, the objective pursued by us as authors of this scientific approach is "promoting successful strategies for obtaining European non-reimbursable funds to ensure financial resources for sustainable development of entities in Romania", complemented by a practical study that its main objective is the allocation of funds by the EU
THE BUILT HERITAGE OF THE FORMER CROWN DOMAIN OF MALINI. CAPITALIZATION OF HISTORICAL VESTIGES
No full textThe Suceava County Crown Domain of Malini was the largest of the twelve rural estates that formed the Crown Domain. The most beautiful mountain road in the Kingdom of Romania crossed it. There were already two model peasant houses in the center of Malini in the first decade of the twentieth century. Each of the schools of the Crown Domain of Malini was equipped with a stage for public theatrical performances. The rich forest resources and the proximity to the Bukovina border have facilitated important transformations for the region of Malini, in particular in terms of the development of the village of Gainesti. The heritage of the Eastern Carpathians bearing the imprint of the Royal House could be the catalyst for a new tourist destination symbolically called the “Royal Heritage of the Eastern Carpathians”
REGIONAL AND LOCAL TOURISM IN COVID-19 TIMES: A STUDY OF ALAPPUZHA IN KERALA
No full textIt is obvious that the tourism sector world over has been badly hit by the outbreak of the Covid-19 Virus. The lockdown, travel restrictions and social distancing have apparently led to the decline in tourist operations in many parts of the world. The income, employment and livelihood of those engaged in tourism have been badly affected. The visitors have been deprived of opportunities to visit the places of their interests. The reopening of the tourism sector to local and regional tourists has become succor for the tourism sector which would at least help the sector to cover its running costs. However, the satisfaction of the visitors with regard to the Covid-protocol measures matter a lot in sustaining tourism at these difficult times. The present study conducted in Alappuzha in the Kerala State of India reveals that more concrete steps need to be taken by the stakeholders of the tourism sector to make it more attractive and comfortable to the visitors. The study found that only 44 per cent of the respondents expressed a good opinion about the overall Covid Protocol measures adopted by the tour operators. The dissatisfaction with social distancing was quite high among the respondents
RESEARCH METHODOLOGIES ON KEYWORDS: TOURISM, DANUBE, SUSTAINABLE DEVELOPMENT
No full textThe aim of this study is to find out what are the research topics and tools used in the literature on tourism and sustainable development in the Danube areas. The Mini Review technique was chosen for this. Based on the keywords Tourism, Danube and Sustainable Development, articles were searched in the literature that meet the following criteria: to be current articles (published between 2017-2021), to be open access and to contain in title the keywords listed above. Several databases were used and 8 articles were identified. The main research tools are quantitative tools, and among the topics addressed were identified rural tourism, wine tourism, tourism resources, but also Covid1
How to attract tourists in the European Union?
No full textThe objectives of this paper are to identify some determinants of tourism arrivals in the European Union (EU-28) countries and propose other constructs based on these factors. The determinants of tourism arrivals in the European Union (EU-28) countries as destination were analyzed using two econometric techniques: panel data models and Bayesian models in the stochastic search variable selection. According to panel data approach, number of employed persons in tourism, net occupancy rate in hotels and in the same type of accommodation and number of establishments had a positive influence on total tourist arrivals and on non-resident tourist arrivals over 2017-2019. For resident tourists, the number of establishments was not relevant in explaining their arrivals in European Union countries. According to Bayesian approach, in 2017, 2018 and 2019 the inflation affected the tourist decisions of arrival in European Union, even if they are resident or non-resident in a certain EU-28 country. In 2017 and 2019 for resident people and in 2018 for non-resident people, the tourists preferred less safe zones, probably because they appreciated more the touristic potential. It is clear that more establishments will ensure more tourism arrivals in European Union
ANALYSIS OF THE IMPACT OF THE PANDEMIC ON SEASIDE TOURISM IN ROMANIA AND LEBANON
No full textThe hospitality industry has been severely affected by the health crisis. The World Tourism Organization recently indicated that the decrease in the volume of international tourism, in terms of the number of arrivals and receipts, respectively, was 74% compared to 2019. The year 2020 meant a loss of 1 billion international tourists and 1.3 trillion dollars, compared to 2019, a collapse about 11 times more drastic than in the case of the 2009 crisis. This dramatic decline was also reflected in the case of seaside tourism, internationally.Our paper tries to provide an image on the effects of the pandemic on coastal tourism in Romania and Lebanon, based on existing statistical data in the two countries. Thus, the analysis of the databases provided by the National Institute of Statistics in Romania shows that the occupancy rate for August - the month with the best occupancy rate on the coast - decreased by 23.91% in 2020 compared to from the previous year.In Lebanon, according to the reference survey by Economena Analytics, Ernst and Young, the third quarter recorded the highest occupancy rate of the year in the coastal area reaching the maximum value in 2019 of 78.5%. The same quarter recorded the lowest value of 25.3% in 2020. The seaside tourism industry was severely affected in both countries