Theoretical and Applied Economics
No. 9 / 2008 (526)
The State – between Crisis and Reform
Universitatea Bucuresti
Abstract. By the end of the 20th century, the world had become increasingly interconnected. On one hand, the globalization level of the market economy had amplified, which called for understanding the interactions between the local and global action levels, as well as the effects of world interdependencies over the states’ force and capacity. On the other hand, we are facing an increased fragmentation of the world economy in effect to the development of regional economic blocks. In other words, the world economy is dominated by two contradicting tendencies: the accentuation of interdependencies and the acceleration of the fragmentation process, in result of the economic integration process.
The political and economic processes of globalization have called for the need of re-evaluating and re-defining the state’s role in the national and world economy, of the traditional vision over its capacity of acting as a general manager in the economy and as autonomous actor in the highly instable international system.
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