Theoretical and Applied Economics
No. 9 / 2008 (526)
Romanian Insurance Market Facing Globalization Process
Laura Elly Novac
Academy of Economic Studies, Bucharest
Abstract. The Romanian insurance market has passed through a permanent process of growth which ended up in 2004 to exceed the threshold of 1 billion Euros, in the frame of a small awareness and confidence of the population towards insurance, even now after 15 years. The globalization process of the financial markets affected also the Romanian market even before Romania became member of the European Union. The globalization brought about benefits (especially under the form of increase in the quality of the services provided to clients) but also disadvantages for local companies (significant costs in logistics and training in order to cope with the international groups).
Contents
The Influence of R&D Policy on Performance of the Companies Listed with Bucharest Stock Exchange (through Intangible Assets)
Controversies on the Central Bank Main Objective of Price Stability
Management of Portfolio Investment Held by Pension Funds
The State – between Crisis and Reform
Applying the Dufournaud econometric model to the determination of the prices dynamics impact over the national economy and over its main vulnerable sectors in connection with the Romanian national economy specificity
The Municipal Bonds – the Cause and the Effect of the Local Financial Decentralisation Growth. Romanian Case
Romanian Insurance Market Facing Globalization Process
Tax Implication of Structuring and Financing Mergers and Acquisitions