Theoretical and Applied Economics
No. 5 / 2012 (570)
The Consensus of Hierarchy
In the past two decades a powerful logical inversion has occurred in the creative algorithm of Economics: the referentials of the explicative framework most often stem from the geostrategic vision of globalization. The most relevant assertions in the world of economic ideas are marked today by hypotheses of political thinking which are specific to the Washington Consensus.
Economic policy arrangements target values inspired by the theory of free international commerce and reach their peak with the liberalization of the capital account, reacting thus to the advantages of highly developed economies. The immediate consequence of this unexpected inversed economic determinism - with the effect generating the cause - is that the usual economic theory offers adverse solutions to the democratic objectives of economic development. The achievements of transition economies are not found, as it would have been expected, in spreading the effects of wealth, nor in the "forward leap" assumed by the concept of a global world on which the promises of the Washington Consensus are based.
Contents
- Optimal Labor Contracts
with Asymmetric Information and More than Two Types of Agent
Daniela Elena MARINESCU
Dumitru MARIN
- Inflation Targeting in the Romanian Banking Brushwood
Georgiana BALABAN
Dorel AILENEI
- Oligarchy versus Democracy
and Regulation versus Deregulation
under the Globalization Effect
Dumitru-Alexandru BODISLAV
- Using Garch-in-Mean Model to Investigate Volatility and Persistence
at Different Frequencies for Bucharest Stock Exchange during 1997-2012
Iulian PANAIT
Ecaterina Oana SLĂVESCU
- Preparation of Financial Statements for Sme’s in Romania. Interest for Cash-Flow Statement
Nicoleta FARCANE
Sorinel CĂPUŞNEANU
Sorin BRICIU
- The Biblical Matrix of Economics
Grigore PIROŞCĂ
Angela ROGOJANU
- The Sustainable Development Model
Cristina BURGHELEA
- Comportamentul financiar al populaţiei în timpul crizei
Bogdan CHIRIACESCU
Luminița TĂTĂRICI
Cristina VIŞAN
- Education and Crisis
Marius-Cristian PANĂ
- The Post-Crisis Healthcare System:
Effects of the Economic Crisis in Romania
Marta Christina SUCIU
Cristian Adrian STAN
Luciana PICIORUŞ
Cosmin Ionuţ IMBRIŞCĂ
- Business Incubators – Favorable Environment for Small and Medium Enterprises Development
Camelia MORARU
Alexandru RUSEI
- Procedural and Systematic Crisis Approach and Crisis Management
Dragoş Ionuţ TĂNASE