Browsing: economic development
Introduction. The interwar period was called the Golden Age of Romania. From a certain point of view it was. Cultural effervescence of the time, the economic boom due by the development of the industry has brought Romania to the attention of Western Europe. Many industries in the late ‘30 had advanced enough to be able to satisfy almost all domestic needs. Regarding technology, most romanian plants were behind those in the West. In heavy industry, only Malaxa and the Steelworks Resita were the best in Western Europe.
Aim of the study. In retrospect of these events I have considered appropriate to study this issue closely, to be fascinated by a controversial but destined to lead character, a character that has go down in history because of his pioneering leadership actions.
Keywords: leadership, interwar period, Malaxa plants, economic development, entrepreneur
Introduction. Improving education has been and continues to be a necessary condition in any society. Education contributes to increase the level of civilization, to develop the individual personality, but also to increase the level of the economic development. Organization and subsequent reorganization of the Romanian education system has been pursuing desiring to adapt better it better to the labor market needs and to adapt it to the international education system.
Aim of the study. The management strategies which are applied in this area should be considered adapting it to the domestic and international labor market conditions to the new education methods and techniques, used at the international level. The new trends desiring to transform the economy into a green economy require increased investments in education, in order to train the specialists in new green areas.
Keywords: education, management of education, economic development, labor market, green economy.
JEL Classification: A20, B25, F69, G23, I21, I22, I23, I25, J21, J24, O34, O43.
Introduction. In today’s economic climate, in which great emphasis is laid on information, organizations get the highest value from their intellectual property rather than from their physical assets. Thus the organization is redefined and transformed gradually in the New Economy, which gives up on many of the old methods and approaches, seeking to integrate in the much more complex reality that occurs. The progress of an organization in a knowledge economy is directly proportional to its accumulated intellectual capital and knowledge, regardless of whether we relate to public or private sector.
Aim of the study. In this paper, we present a few aspects on the reflection of knowledge management and intellectual capital in the new economy.
Keywords: knowledge, organizational management, information, economic development, intellectual capital, knowledge management
JEL Classification: M19, O34, L25
Introduction. Population aging is a phenomenon that should be considered when analysing demographic development because it affects economic development as well. Therefore reforming public pensions, health and long-term care for the elderly is to be considered. The speed of this process is also important because when the share of elderly in total population increase in a short period of time, it becomes difficult for the relevant institutions to adapt rapidly.
Aim of the study. This paper emphasizes the fact that it is necessary to ensure a balanced use of principles harmonizing all factors of production in order to provide sustainable economic development based on them. In general, economic development means improving the systematic, lasting and wide mass of the material conditions of life, representing the consumption conditions: food, clothing, housing, housing facilities, transport, communications, access to services and others. Such a common approach is adequate as it correctly expresses people’s expectations, as consumers in economy. However we can define economic development as a process resulting in the systematic growth of labour productivity or – given the circumstances in which the number of employers (or job providers) increases – the increase of the number of productive jobs. This approach does not contradict the first one; on the contrary: the systematic improvement of economic living conditions is not possible without the growth of labour productivity. The advantage of the second approach is that it refers to the most important force leading to the improvement of the living conditions for people as consumers and it forces us to consider phenomena this force depends on.
Keywords: economic development, social economy, sustainability, demography.
Introduction. Rarely in the course of world history has the pace of socio-economic and political transformation been so fast as in the case of Singapore since the mid-1960s. In spite of its lack of natural resources, the tiny Asian state achieved an impressive economic development and a high living standard in a short period of time. The successful story of Singapore shows clearly why the Asian city-state needed to be smart in the sense of being strategically oriented towards building a welfare society with a pronounced technological footprint. Visionary and strong political leadership, economic pragmatism, developmental policies, technological sophistication, and exceptional living conditions are among the key features of Singapore.
Aim of the study. The aims of the paper are to present the concept of smart state and briefly analyse its implementation in Singapore. The methodological approach is based on a quantitative method and a case study. The paper shows that the appearance and development of smart state can be considered as the outcome of the spread of the knowledge society worldwide. Also, it briefly analyses the case of Singapore, a smart Asian state, and identifies some of his main features.
Keywords: smart state, Singapore, knowledge, economic development, government.
JEL Classification: F00, O1, O53footprint. Visionary and strong political leadership, economic pragmatism, developmental policies, technological sophistication, and exceptional living conditions are among the key features of Singapore. The aims of the paper are to present the concept of smart state and briefly analyse its implementation in Singapore. The methodological approach is based on a quantitative method and a case study. The paper shows that the appearance and development of smart state can be considered as the outcome of the spread of the knowledge
society worldwide. Also, it briefly analyses the case of Singapore, a smart Asian state, and identifies some of his main features.
Introduction. SMEs are more flexible being supportive of economic growth in local communities. The expansion of SMEs in Romania has various particularities on regional level, being identified different disparities in terms of local units’ distribution and turnover creation. Still, in order for SMEs to be able to survive, various measures need to be taken by governments and support their future expansion, considering the economic, social, cultural and political context.
Aim of the study. The aim of this paper is to analyse the impact of tourism small and medium enterprises (SMEs) on economic development. Even if, SMEs are deficient in terms of skilled labour force, and finance, they have the power to generate value added, backward and forward linkages, entrepreneurship spirit, adaptation to change, with an extreme importance in long-term development and survival on a dynamic market.
Keywords: small and medium enterprises, Romania, regional disparities, economic development, turnover
JEL Classification: L83, Z32