Browsing: F21

Introduction. The globalization of the world economy has created great opportunities for countries, one of them being that of attracting foreign investments. They play a key role in global business, being a fundamental part of the economic system and its development. Despite the fact that the debate over FDIs varies from opinions that claim that they substitute internal investments and they expatriate a great deal of the capital at the disadvantage of the host country to opinions that argue in favor of the benefits of FDIs for host countries, increased efforts to attract FDIs by national economies can be noticed. With this in mind, this paper analyses the strategic of preferences of foreign investors when choosing a new market and tries to establish a set of criteria that represent the main attraction characteristics when the decision to invest is made.

Aim of the study. The paper explains, at first, concepts such as strategic management, the strategies of entering a foreign market and the foreign direct investments, and then correlates these concepts in order to highlight the factors that contribute to the making of an investment decision and the ways through which foreign capital can be introduced on a new market. And last but not least, we made an analysis of the foreign capital flows in Romania, highlighting the advantages and disadvantages that the Romanian economy presents for potential investors interested in this country.
Keywords: foreign direct investment, foreign market, investment decision, strategic management, international investment
JEL Classification: F21, F23, D81

Introduction. Today the financial market system, as a whole, and the financial market, in particular, are both facing numerous challenges. The elements addressed in our research come to present in a broad and accurate manner these challenges, in an attempt to forecast the financial market’s next steps and figures, and to make light on the nearest provocations that the social, political and economic environment are all bringing.

Aim of the study. In the first part of this research paper, elements such as monetary, fiscal, financial, business, investment, labour, economic, property and political freedom features are being presented, starting from the complex definitions of these concepts, continuing with an in-depth analysis of these concepts and their roles and importance in today’s society structure. In this regard, numerous valuable examples of successful economic and political structures are being presented, in order to emphasize the nations’ potential in terms of monetary, fiscal, financial, business, investment, labour, economic, property and political freedom. In the second part of this scientific work, the role and the importance given to the financial markets nowadays is being presented, starting from the definitions of the financial markets, continuing with the challenges that these types of markets are facing today, given the monetary challenges, the fragility of the economic systems world-wide, the insecurities brought by the continuously changing public policies, the financial “game” that is “played” between the banks and the capital markets, as well as the investments’ role at the level of the economy. In the third part of this paper, Romania’s situation is being addressed taking into consideration the latest data and analysis provided by the National Bank of Romania (September 2016) based on the discoveries and the general conclusions of the document named “Dynamic Stochastic General Equilibrium (D.S.G.E.) model estimated for Romania”.
Keywords: financial markets, capital markets, monetary freedom, fiscal freedom, financial freedom, business freedom, investment freedom, labour freedom, economic freedom, property freedom, political freedom, economic and political features, money, banks, investments, Dynamic Stochastic General Equilibrium (D.S.G.E.) Model, National Bank of Romania (N.B.R.), Romania’s situation
JEL Classification: D53, E00, E44, E50, E58, F21, F38, F43, G00, G01, G10, G17, G18, G32

Introduction. For any country, a productive workforce is an important factor of economic growth, and Foreign Direct Investment increase the influence of this factor by accelerating growth, due to capital flow that is directed by foreign investors towards the host economy. For developing countries to fulfill their target of exceeding their own economic condition, it is necessary to first find solutions to streamline the human resource management. Secondly, if the training of the workforce is made according to functional strategies directed towards attracting Foreign Direct Investment, the chances of economic development grow exponentially.

Aim of the study. The aim of this paper is to determine the importance of the workforce training and improvement system and to establish the general lines through which this system can be improved in order to attract the attention of investors that can bring in foreign capital.
Keywords: labor management, workforce, foreign direct investment, training, improvement, higher education
JEL Classification: I25, M54, F21, F23.

Introduction. Europe is facing a growing demand for energy, with volatile prices and with serious disruptions in the energy supply. In 2014, the EU’s energy dependency was 53.4%, which meant that the EU bloc had to import more than half of the energy it consumed. To address these issues, a clear European energy strategy is needed, that is why the European Union has adopted a Democratic or participatory way of leadership.

Aim of the study. Leadership is a complex and dynamic process that has been defined in many different ways. Leadership has been described as autocratic, democratic, situational, transformational, and free rein. Democratic or participatory leadership style involves consultation with group members on actions and decisions, and encourages and rewards involvement in the process. These leaders make decisions and set goals with the approval and full participation of the members. That is why today Europe has common rules and Member States put their efforts together to access sufficient energy at affordable prices, keeping pollution to a minimum.
Keywords: European Union policy, energy dependence, leadership, energy strategy, interconnection, energy security, energy market, affordable electricity prices.
JEL Classification: F15, F21, F42, F5, F6, L11, Q4