Theoretical and Applied Economics
No. 2 / 2011 (555)
The Particularities of the Economic Crisis in the Knowledge-Based Society
Bucharest Academy of Economic Studies
Marius POPA
Bucharest Academy of Economic Studies
Dragoş PALAGHITA
Bucharest Academy of Economic Studies
Bogdan VINTILĂ
Bucharest Academy of Economic Studies
Mihai DOINEA
Bucharest Academy of Economic Studies
Abstract. The paper presents the characteristics of the informational society and the requirements for the transition towards the knowledge based society. The informational society and the advantages it brings are described. The concepts of informatics system and informational system are described. Their roles and functions are identified. The functioning principles of the informatics systems are presented. The factors that lead to the evolution from the informational society towards the knowledge based one are identified and analyzed. The main trends in the knowledge based society are identified. For each of these trends we identify the short and long run effects and the implied consumptions of resources. Knowledge is seen in the new society as the main source of competitive advantage. Ways of transmitting knowledge are presented. The efficiency and applicability are discussed. In the knowledge based society the end-users have higher expectations regarding the products and services than before. The paper discusses the factors that lead to the structural re-equilibration in the knowledge based society. Research concepts are developed in the direction of adapting informatics applications to the target group exigencies. The paper details the quality characteristics of computer applications that are tailored to the requirements of the target group and a quality system for such applications is presented. The paper examines the benefits obtained by adapting computer applications to the target group exigencies.
Contents
Economics of Sustainable Development. Competitiveness and Economic Growth
The Particularities of the Economic Crisis in the Knowledge-Based Society
Adverse Selection Models with Three States of Nature
Sustaining an Effective ABC-ABM System
Consequences of the Budget Deficit in the Current Crisis in Romania. Implications on the Labor Market
Portfolio Risk Analysis using ARCH and GARCH Models in the Context of the Global Financial Crisis
Costs of Adopting a Common European Currency. Analysis in Terms of the Optimum Currency Areas Theory
The Effects of Economic Geography on Education in Romania
Statistical – Econometric Analysis of the Correlations between the Social Security Budget and the Main Macroeconomic Aggregates in Romania
Effects of the Current Economic Crisis on the Fiscal Variables in EU Countries
The Image of the Tourism Destination – a Supporting Element in the Development of the Regional Tourism Brand Study Case: Muntenia
Economic Crises and the Complexity of Animal Spirits Modeling
An Epistemological Perspective on the Quality of Life Concept
The Natural Rate of Unemployment and its Implications for Economic Policy
Estimation of Inflationary Expectations and the Effectiveness of Inflation Targeting Strategy
The Impact of Investments and Gross Value Added upon Earnings