Browsing: 2015, Vol. 21, Issue 1, May

Introduction. Union policy needs in addition to the official language of four major components: a monetary union, a fiscal union, a union diplomatic and military union A stage in the Union is the Union banking tax. Union Bank has three pillars: a single banking supervisor (single supervisory mechanism), the only mechanism of bank resolution and a single scheme of bank guarantees.

Aim of the study. This paper aims to highlight that Union Bank, strengthen supervision is an inevitable process, and Romania will have to enroll in it. Option Romania is to be part of Romania deaorece bank Union can not remain outside the structures of decision as long as banks operating in Romania are predominantly Eurozone.
Keywords: banking union, fiscal union, diplomatic union, monetary policy, European Union
JEL Classification: E58, E59, E62, E58, E59, E62

Introduction.The medical field is one of the most dynamic in Romania, regarding the adoption of IT. Dynamics is determined by two main factors. The first is related to the development of private health care market, and the second the benefits of using new technologies in medical processes. Telemedicine and advanced medical techniques are driven by new technologies. This paper aims to analyse the use of technology interoperability standards between applications and devices in medical institutions from Romania. Adoption of standards such as HL7 (Health Level 7), XML (eXtended Markup Language) and SOA (Service Oriented Architecture) can increase the quality of medical processes in Romania and can help reduce the cost of medical processes.

Aim of the study. In the article present a brief study on the use of new technologies in SMURD (Mobile Emergency Service for Resuscitation and Extrication). SMURD implementation is a clear proof of how technology could bring leadership in medical care.
Keywords: HL7, XML SOA, interoperability, system integration, web services
JEL Classification: O33

Introduction. The macro-prudential tool kit deals with those risks that contributed to the outbreak of the last economic crisis or materialized during it, namely the excessive credit growth, the excessive price assets growth driven by the credit growth, the excessive increase in leverage, the liquidity risk, the volatile capital flows and foreign currency lending. It can be argued that macro-prudential policies underestimated the systemic risks mentioned, although they were better positioned than other policies aimed at financial stability. The impact of macro-prudential policy is difficult to be determined, because is usually applied simultaneously and in the same direction with other macroeconomic policies.

Aim of the study. This paper aims to highlight that it is necessary a better coordination of policies and a better calibration of instruments in order to get a quick and effective response during their implementation. These must be in line with national specificities and the risks identified. Until the new macro-prudential tools introduced by Basel III will prove their effectiveness, the issue of finding proper tools is still open.
Keywords: banking system, risks, macro-prudential, liquidity, crisis
JEL Classification: E58, E59, E60

Introduction. Innovation is an integrating part of the re-vitalization plan of EU economy and it is one of the seven initiatives comprised in the 2020 Europe Strategy. The European Union supports through active policies the creative-innovative processes, as illustrated by the Cohesion Policy Program for 2007-2013 and by the ”Horizon 2020” Program for Research and Innovation.

Aim of the study. The present paper presents, from an organizational perspective, relevant aspects related to the question of innovation and innovation management, while pointing out the most important internal and external factors that favour the introduction of innovation into the sphere of processes that are run by organizations, as well as into the sphere of products and services provided by organizations. At the same time, the paper briefly presents the essential attributes of organizations which obtain competitive sustainable advantages through innovation.
Keywords: organization, innovation, management of innovation, contextual factors, intraorganizational factors, competitive advantage.
JEL Classification: D83, L21, L25, O31, O32.

Introduction. On a long term Romania’s economic and social development potential looks quite promising thanks to the potential that SMEs pose and that must be encouraged and stimulated to capitalize current and potential business opportunities.

Aim of the study. The present paper gives an overview of Romanian SMEs within the European context, while analysing the number and proportion of firms and their employees, as well as the added value that the SMEs sector brings to economy. Similarly, the present paper analyses demographic evolution of SMEs and their density, regarded as a strategic indicator that reflects, from a quantitative perspective, the development stage of SMEs in Romania and in relation to the EU. The last section of the paper illustrates various aspects regarding the position that Romania occupies in the EC as to the implementation of the Small Business Act for Europe.
Keywords: SMEs, number of employees, added value, demographic evolution, density of SMEs, SBA for Europe.
JEL Classification: L25, L26, M10, M21, O10.

Introduction. The role of banks in an economy is very important, as all inflows and outflows are done through financial institutions. Bank sustainability is the area of study and practice that captures the contribution of banks in sustainable development of a country. Banking instruments are the means by which banks are present and act in the economy. Banking techniques are the mechanisms of banking instruments. The most important banking instruments are the loans and the deposits. So banks take deposits from different entities and use them as resource to finance other entities. A bank is considered contributing to sustainable development, if lending divisions allocates resources to investments that bring long-term welfare to the community not only for today people, but for future generations. Therefore, we can establish a correlation between banking sustainability and sustainable development through the evolution of banking instruments.

Aim of the study. The article, is trying to capture the way difference between active and passive interest rates influence macroeconomic sustainable development in a country. However the theory is limited on this area and the author is intending to merge practical aspects with conceptual terms.
Keywords: Transfer pricing cost, transfer pricing income, sustainable banking, reference rate.

Introduction. What is the toxic economy? Economy through which the legislation and control in place, fails to provide a standard of living with sustainable uptrend, getting to transform assets into cash whose value is consumed unproductively. Why we do not live well? Good life is in fact the standard of living of the economic and political offered by the laws of a state or groups of states, citizens living on a certain territory. The standard of living is a result of variety of factors, difficult to quantify both separately and in particular unit.

Aim of the study. In this article we will try to define the fractal complexity of how the toxic economy is affecting the standard of leaving.
Keywords: economy toxic, toxic products, toxic assets, cash toxic.

Introduction. The human capital theory is a relatively new approach, the first valuable approach being that of Garry Becker which, subsequent of the modern management theoretical views, puts human capital into scientific frame. This present paper relates deeply on this theoretical frame as it is considered that, besides financial or tangible
resources that allows and generate long term benefits for an enterprise, there is also another source that consists in an intangible form: the human capital. This resource is based on education and health, indirectly generating additional benefits for the individual as for the organization and is calculated as instruction, education and health insurances costs. That implies that this capital is an asset for the worker itself and that the worker cannot be distinguished from the knowledges, capacities, his health or his values.

Aim of the study. This paper treats quality, human capital and competitiveness concepts in order to determine in which measure the Human Capital quality influences the competitiveness of a firm. The paper will also emphasize the role of values and health as they are also the main issues on an IT enterprise. The article is structured in two parts. One is the theoretical frame that encompass the influence of the human capital on the competitiveness of the firm. The second part treats where the following aspects: IT enterprise competitiveness, the relationship between human capital and competitiveness as well as techniques, instruments for highlighting the influence of the human capital quality over the competitiveness of an IT enterprise.
Keywords: human capital; IT; enterprise; competitiveness.

Introduction. In parallel with the consolidation of the view that there is a real need to train and improve enterprises’ managerial staff – also in parallel with the increase of expenses incurred by enterprises in this direction, in the past decades this investment in managerial training is rather preparatory for the subsequent professional evolution of the people appointed in management positions of said enterprises – direct beneficiaries of these training or improvement programs.

Aim of the study. This paper aims to highlight that there appears a gap between what enterprises wish to obtain, by implementing such training and development programs, and what they are actually obtaining: in fact, the investment ‘leaks’ from the virtuous circle1 of acquisition of higher managerial competences and of their application in said enterprises (to obtain better economic performances, in activities that are more and more competitive), into the vicious circle of non-using this investment in management training, for many various reasons that we could identify using the results of empirical research.
Keywords: investment in managerial training, performance gap, managerial competences,the need for managerial training and improvement, virtuous circle, vicious circle, empiric study on management skills.

Introduction. Achieving excellence requires continuous improvement of quality management system in any organization are essential leadership, commitment and active involvement of management at the highest level. In turn, the management at the highest level within the organization has a duty to define models of excellence and performance measurement methods both individual and organizational structure of each part, in order to monitor and periodically determine to what as planned objectives within each structure have been met.

Aim of the study. The authors present the basic features of the assessment methodology RADAR that is designed to coordinate the efforts to improve the organizational processes in order to achieve excellence.
Keywords: business process management, assessment methodologies, RADAR methodology, organizational processes, quality, performance, excellence