Browsing: information

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. 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