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Gurgu, Elena

Last name
Gurgu
First name
Elena
Country
-
  • FOREWORD

    FOREWORD

    FOREWORD

    After a year in which Romania achieved the fastest growing economy in the European Union, 2017 comes with a unique set of challenges.In 2016, the economy was the main driver of consumption and economic analysts expect it to slow down, while prices will increase. The government estimated an increase of 5% for the Romanian economy in 2017, but the World Bank warns that this could be too optimistic and expects an advance of only 3.4% of the economy. However, growth remains above the EU average, ...

    Foreword

    In the middle of 2017, global activity is firming broadly as expected. Manufacturing and trade are picking up, confidence is improving and international financing conditions remain benign. Global growth is projected to strengthen to 2.7 percent in 2017 and 2.9 percent in 2018-19, in line with OECD January forecasts. In emerging market and developing economies (EMDEs), growth is predicted to recover to 4.1 percent in 2017 and reach an average of 4.6 percent in 2018-19, as obstacles to growth i...

    Foreword

                The 10th anniversary of the worst downturn since the Great Depression finds the global economy at risk of a fresh crisis and ill-prepared for the disruption likely from the robot age, the World Economic Forum has warned.The body that organises the annual gathering of the global elite in Davos each January used its annual league table of competitiveness to stress that the failure to push through growth and productivity-friendly policies since the crash of 2007-08 had jeopardised ch...

    INCREASING ECONOMIC COMPETITIVENESS OF ROMANIA IN RELATION TO THE LISBON OBJECTIVES

    The Lisbon Strategy, established by the European Council in March 2000 like an action plan and development for the European Union, intends to address low productivity and stagnation of economic growth in the EU, through the formulation of various policy initiatives to be adopted by all Member States EU. According to the strategy mentioned above, the European Union must become the most dynamic and competitive knowledge-based economy in the world capable of sustainable economic growth, jobs wit...

    Foreword

    Economic snapshot for the major economies at the end of the first half of 2016 looks a little bit unexpected. Global growth remained tepid in the first half of 2016. An estimate produced by Focus Economics shows that the world’s GDP increased 2.4% year-on-year in Q2 2016, which followed a 2.5% rise in Q1. According to the estimate, global economic activity has been slowing uninterruptedly since Q1 2015 and Q2’s result marked the weakest rate since Q1 2013.

    THE ECONOMIC RECOVERY IN THE CENTRAL AND EASTERN EUROPEAN EU COUNTRIES

    Following the recession in 2008-09, the economies of the eight EU countries in central and Eastern Europe outside the euro area (CEE) are recovering gradually, albeit with significant differences across countries. The expansion in economic activity is currently being driven primarily by exports as domestic demand remains subdued. Those countries that accumulated relatively more substantial internal and external imbalances before the financial crisis suffered more severe contractions in output...

    LA STRATEGIE NATIONALE DE LA ROUMANIE POUR LE DEVELOPPEMENT DURABLE A L'HORIZON DES ANNEES 2030

    The National Strategy for Sustainable Development at the 2030 horizon is the result of Romanian assumed obligation, as EU member, in conformity with the established objectives at the EU level. The strategy proposes a vision of Romanian development in the perspective of the following two decades. At the 2013 horizon is proposed the organic incorporation of the principles and the practices of sustainable development into the Romanian programmes and public politics. For 2020 horizon it is estima...

    THE IMPACT ON CLIMATE AND ENVIRONMENT CHANGE –RENEWABLE ENERGY SECTOR

    Most of the people have an idea of what renewable energy sources are and what they can offer us. The majority of people are also very aware of the impact that non-renewable energy is having on the environment. The adage reduce, reuse, recycle is commonly recited today by adults and children alike. We have started to see an increase in the reduction of waste and consumption of energy and the recycling and reuse of products we use. It is time to see an increase, however, in the use of renewable...

    Book Review - CAPITAL IN THE 21ST CENTURY, BY THOMAS PIKETTY

    Only few books of economy in the recent past years have had a similar effect on public opinion as the work of Professor Thomas Piketty from Paris School of Economics, in which he attempts to explain the dynamics of the last two centuries income inequality in developed countries. Shortly after the release of the English version, appeared excellent reviews from some major economists like Robert Solow, Paul Krugman, Robert Shiller, all three Nobel Prize winners, as we all know.            "It is...
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