The fundamental objective of this paper is to reveal the importance of corporate governance as a determinant of economic growth, especially for transition countries, due to its ability to improve competitiveness, to strengthen competition and to contribute to the development of capital markets. In the first section of the paper we examine the various mechanisms linking economic growth to corporate governance systems. The second section of the paper

The theoretical-practical approach of the concept of regional development in the knowledge-based society involves the need for a connection with the informational-communicational paradigm. The importance of this relationship starts from the need to realize a feedback between the communicational dynamism on the level of the modern human communities and regional dynamics. The manifestation of the knowledge-based society, as a whole, leads us to the

The extremely complex issue of the sustainable development requires its approach from the perspective of two major coordinates. We discuss about what we might call the "eco-social responsibility" and the "green" volunteerism. In this context, the very concern of the European Union, in supporting the development of modern human communities, based on the principle of sustainability, seems to be significant. According to this international body, it

The research aimed to evaluate the concept of resourceseconomy- environment complex network, under the conditions of composite and interactive financing projects for environmental protection, with elements which derive from such notion. Within this context, the paper analyses the topic of interaction and convergence of the processes of integration and globalization of the economic and financial needs, requirements, interests and technologies, building

The considerations on the ability of forest to maintain ecological balance and numerous environmental protection functions, require the exercise of a sensible management, consistent with regional development plans. This is the more necessary as, at this moment, we are situated well below the limit of afforestation, in terms of European woodland. The management of the forest biodiversity, seen as an economic and environmental manner, permits, among

In modern economies, current research generally acknowledges that the central issues in macroeconomics are essentially the same as those identified by Keynes in the General Theory of Employment, Interest and Money. One way or the other, economists are trying to address the same macroeconomic issues that they did seven decades ago: How can we account for the different growth rates and various fluctuations observed in national economies? Which are

In the context of the modern human societies, the conceptualization of the quality of life involves other approaches. The scientific "refining" of the concept leads to finding "intimate resorts", both theoretical and practical, called to lead to new results. Building a coherent image on the quality of life and on the implications it generates, in various facets of economic and social life, is the core of our scientific approach. Our purpose is to

Ever since the onset of the recent crisis, monetary business cycle theories have started to regain their relevance and timeliness in explaining business fluctuations. According to these theories, it is monetary mismanagement that lies at the bottom of macroeconomic dysfunctions in the intertemporal allocation of resources. This paper presents the main theoretical implications of monetary business cycle models, regarding the causes of the cycle and

The analysis of the inflation-unemployment tradeoff has undergone several stages during the post-war era. The first was marked by the acceptance of A.W.Phillips' 1957 hypothesis and the subsequent Phillips curve. The next stage - marked by Friedman's contributions - revealed a vertical long-run Phillips curve and introduced the natural rate of unemployment, designating that level of unemployment consistent with stable inflation. This paper explores

According to an old saying, there are three types of people: those who make things happen, those who watch things happen, and those who wonder what happened. This ability to make things happen, to change environments as well as be changed by them and to proact rather than react, is generally much admired in most societies. Proactive behavior has been of interest to management academics for some time, particularly those in the fields such as entrepreneurship,