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No. 3 / 2026 — Autumn

Peer-reviewed articles in economics, finance, public policy, and sustainable development.

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Theoretical and Applied Economics
No. 3 / 2022 (632), Autumn

Using automated systems to run a modern state and benchmarking the solution with advanced indicators

Dumitru Alexandru BODISLAV
Bucharest University of Economic Studies, Romania

Abstract. In these times of continuous search for financial wisdom, when the primary global issue is how to escape from the clutches of bad investment options and avoid being caught in the trap of twists, swaps, and other financial mechanisms, it is necessary to highlight the facts that created today's enlightened side of the economy, as well as the ruptures that created the general framework for the actual economy and the elements that must be inserted to create the new economy. Any economic system, whether micro, on the scale of a company, or macro, on the scale of a state, develops groupings, micro: joint ventures; macro: state unions. These groups represent the complex work unit for the evolution toward economic advancement from the perspective of globalization, but a spark for economic systems is required to ignite the cooperation and collaboration engine, particularly the concept of implementing the corporate-state governance hybrid work model. This paper presents a complicated system that focuses on the necessity to shift the offered solution and the manner in which it may be executed and improved. In addition, it is essential not to neglect the aspects developed during the information age, particularly the evolution of the transfer process and the information's quantitative flow.

Keywords: capitalism, enlightenment, evolution, advanced indicators, benchmarking.

Contents

1

Financial development and public debt. Estimating the role of institutional quality

Qamar ABBAS · Muhammad RAMZAN · Sumbal FATIMA

2

An econometric approach to analyse the perceived cartel behaviour of OPEC

C.R. BISHNOI · Apeksha SHARMA

3

Global Competitiveness Index 4.0 and export performances of the European economies

Alem MERDIĆ · Kadrija HODŽIĆ

4

Multifractal analysis of equities. Evidence from the emerging and frontier banking sectors

Akash P. POOJARI · Siva Kiran GUPTHA · G Raghavender RAJU

5

Using automated systems to run a modern state and benchmarking the solution with advanced indicators

Dumitru Alexandru BODISLAV

6

Health expenditure, life expectancy, fertility rate, CO2 emissions and economic growth Do public, private and external health expenditure matter?

Mahmoud M. SABRA

7

The economic effects of working remotely: causes and implications

Silvia-Elena IACOB · Rareș-Mihai NIȚU · Radu-Alexandru BUDU

8

Cash conversion cycle and its relationship with profitability as a cash management tool in companies: An application on companies trading in Borsa Istanbul

Bilgehan TEKİN · Yusuf GÖR

9

Measuring financial inclusion and its present status in South Asian countries. Evidence from a multidimensional Financial Inclusion Index

Susanta Kumar SETHY · Phanindra GOYARI

10

Stock market linkages in Asia. Revisiting Granger causality evidences

T.G. SAJI

11

The effects of exchange rate changes on the bilateral trade balances between the MENA country group and France: empirical evidences based on non-linear ARDL approach

Hande Aksoz YILMAZ

12

Postmodernism and communication in education. European funds for combatting school dropout in Romania

Elvira Alexandra GHERASIM

13

Fiscal and monetary policy effects on economic growth in Romania (1990-2020)

Ismail AMANI · Brahim BOUYACOUB

14

Economic growth at the expense of technology

Constantin ANGHELACHE · Mădălina-Gabriela ANGHEL · Stefan Virgil IACOB · Dana Luiza GRIGORESCU

15

Inflation seriously affects the standard of living of the population

Constantin ANGHELACHE · Mădălina-Gabriela ANGHEL · Stefan Virgil IACOB · Cristian Marius RĂDUT · Denis-Arthur STRIJEK