Browsing: financial crisis

Introduction.Management of financial policies is a public issue and important to public policies in general and for the financial field in particular. Managing information which compose the sets of financial policies and the information generated by the application in reality of financial policies is an important component of management in the financial sector. The design of specific procedures on sub-domains of the financial sector is influenced by the level of optimization of strategic decisions in the financial field. The combination of direct control measures, regulations, from top to bottom with indirect measures influencing financial environment and the behaviour of those targeted in their quality of taxpayers or consumers is necessary but insufficient to ensure the operation of financial mechanisms.

Aim of the study. The article aims to make a brief analysis of the fact that to ensure proper functionality of the budgetary and monetary mechanisms such decisional measures require a scientific substantiation in the context of interdependence of our economy and society to the European Community.
Keywords: information, financial policy, monetary policy, budgetary execution, budget fund, financial crisis
JEL Classification: E5, E6, H6

Introduction. As part of the population chooses to look for better earnings, may it be in their country or abroad, there is a phenomenon of massive departures to areas where earnings are higher, while there is an increased lack of labour factorin the home states.In the period between the end of 2007 and the beginning of 2008, when the economic and financial crisis wastriggered, until the present day, people have been trying to find solutions to keep up with the labour shortages that have occurred mainly in Eastern European countries, but not only. Against the background of the crisis and economies with declining performances, birth rates did not increase enough to fill the deficits which are caused, among other causes, by the families’ lack of prospect in their home countries and taking into account the opportunities to leave and settle in states with stronger economies. There have been many cases when parents have left their children in the care of others who have not left the country (grandparents, other family members or others); these children were deprived of the affection needed for a harmonious development, therefore patriotism was weakened, as the parents’ example was more powerful than any patriotic exhortation. Considering these circumstances, we must face the fact that these departures from the economy will become significant elements to be taken into account in the future. One should also consider that the newcomers, the migrants, could supply for the employment shortage at equal or lower costs, which may contribute to the efficiency of economic activity.

Aim of the study. This paper highlights the fact that in the context of the tumultuous events we are experiencing, individual shave to face realities where they are confronted with various choices, among which we mention either a higher income, where tasks are extremely difficult and spare time becomes less, or a lower income withmore leisure time. In any case, between the two maximal points, a company operating within an economy must acquire the production factors that will be used to obtain the necessary goods and services.
Keywords: cultural, demographic decline, economic growth, efficiency, fertility rate, financial crisis, migrant, mortality rate, religious, security research.