"Employee of the Month" in Romania: a Study on Perceptions

Author(s): Sabina Irimie,Bianca Armean / Language(s): English / Issue: 5/2012

An important and complex problem of labor economics in general and of human resource management in particular, is to effectively motivate employees. At the current juncture, under the spectrum of economic crisis, the controversies of theoretical and practical interest such as the importance of the money, the relationship between motivation, satisfaction and performance at work, are more pronounced and more focused on non-financial forms of motivation. At least in part, this is because the usual ways of saving costs in today's organizations seem to aim primarily the expenses on staff (wages, rewards, training funds and so on). In this context, the paper aims to highlight the perceptions of employees on the program "Employee of the Month", as it was implemented in a Romanian organization (in a hybrid approach, combining monetary rewards and recognition awards specific to most common forms of program). Thus, the main results of our study reflect the opinions of people involved in this program, and allow us to sketch some possible changes based on the feedback from employees, in order to further improve the effectiveness of the program.

"L’économie du bon plaisir". Wpływ myśli etatystycznej na organizację życia administracyjno-ekonomicznego Śląska doby habsburskiej (1526-1740)

Author(s): Jaroslaw Kuczer / Language(s): Polish / Issue: 7/2017

In many human sciences, especially political science and economics (and cultural research) there exist many analyses of the impact of statism (etatism) on the functioning of societies. The aim of this article is to show and highlight contemporary phenomena of this doctrine, through inquiry into their origins and character, treated – especially by Austrian and British researchers – as unchangeable. Why Silesia? Why 1526-1740? Several constants existed there. Firstly, it was a province of the Holy Roman Empire of the German Nation, treated in the studies of the history of the rights as state par excellence. Secondly, in the abovementioned period, it was the farthest from, among others, Europe's easternmost economic structure which underwent statist policies modeled on French achievements. Thirdly, Silesia was the last in Europe, and so it was seen as "the most perfect", in practice it was a well worked out and well distorted, form. The article analyzes the issues of the organization and development of central public administration structures and their impact on economic statism, according to the scheme:1. Ideological basis of statism in Silesia,2. Implementation through the creation of central offices,3. The taking of the highest economic offices by the Emperor’s adherents,4. Giving the greatest land fortunes to people involved in the politics of Vienna Court,5. News from the fiscal policy agenda,6. Economic basis of the creation a new social order/hierarchy.Such a system is related to the value of chronological changes.When conducting an explanation, it proved to be the best to use synchronic, genetic, philological, evolutionary and sociological methods and elements of comparative, progressive and retrogressive and argumentum ex silentio methods as well.

"Municipal settlements of Ukraine" database and its possible application spheres

Author(s): Glibchuk Petro Volodymyrovych / Language(s): English / Issue: 34/2016

With the development of geoinformation technologies and geoinformation mapping the sphere of activity of professional geographers and cartographers has been enriched by a wide application of databases (DB). They enable geographical information to be put in order in a user-friendly system. The article considers the methodological aspects of the organizations and creation of such a system - the "Municipal settlements of Ukraine" databases. The basic stages and databases forming the principles which the author designated during the creation of this specific database are highlighted. The DB structure is revealed - the list of the data included in every table is given. The ways of DB applications are determined; they consist in using DB for the creation of various cartographic studies and reference books about the municipal settlements in Ukraine. The prospects of DB development and perfection are considered.

"Push" and "Pull" Systems in Supply Chain Management. Correlative Approaches in the Military Field

Author(s): Gheorghe Minculete,Polixenia Olar / Language(s): English / Issue: 2/2016

The increase in economic, social and security risks is currently determined by the resource crisis on the one hand, as well as by the economic competition and global military challenges on the other hand, which amplifies instability and jeopardizes the viability of inter-state relations at global level. In these circumstances, the complexity of the economic and military environments determines company managers and military leaders to act by way of “push” and “pull” systems in order to make their own logistic activities more effective, in view of attaining their projected strategic objectives. In the current article we try to briefly address the “push” and “pull”systems within the Supply Chain Management, setting off from the concrete demands of consumers/users in the economic and military fields.

"Лошите кредити": институционални и финансови аспекти, 1994

Author(s): Christina Vutcheva / Language(s): Bulgarian / Publication Year: 1994

Since the beginning of 1991 Bulgaria has been living through a period of transition from centralized totalitarian control to free market economy. Year 1990 can be said to mark the political liberation of the people with the adoption of the new Constitution. The economic liberalization, however, is a reality yet to be brought to life since private ownership is not prevalent in the economy. The prime aim of the transition is to substitute an absurd and inefficient economic system for a new one to rely on the free initiative, private ownership and competition.

(049) THE LONG SHADOW OF ORDOLIBERALISM: GERMANY’S APPROACH TO THE EURO CRISIS

Author(s): Sebastian Dullien,Ulrike Guerot / Language(s): English / Publication Year: 2012

The new treaty agreed by European leaders in January reflects Germany’s distinctive approach to the euro crisis rather than collective compromise. Much to the frustration of many other eurozone count-ries, Germany has imposed its own approach – centred on austerity and price stability at the expense of economic growth – on others without considering whether the institutional flaws of monetary union beyond a lack of fiscal control may be the cause of some of the distortions and problems that the cur-rent euro crisis has exposed or whether its approach could have a negative impact on other eurozone countries. German economic orthodoxy has been widely criticised elsewhere in Europe. This brief explores the historical and ideological foundations of German economic thinking and discusses how it differs from mainstream international economic discourse. It argues that there is more to Germany’s distinctive approach to the euro crisis than the much-discussed historical experience of the hyperinflati-on in the Weimar Republic on the one hand and simple national interest on the other. Rather, there is an ideological edifice behind German economic orthodoxy with which Germany’s partners must enga-ge. While a change in the government after the next general election, in 2013, would lead to a change in German economic policy, it is unlikely to dramatically change the country’s approach to the euro crisis.

10 lat członkostwa Polski w Unii Europejskiej. Skutki włączenia do jednolitego rynku europejskiego

Author(s): Malgorzata Czerminska / Language(s): Polish / Issue: 1/2014

The inclusion of Poland to the common market for goods meant the abolition of customs duties and quantitative restrictions on agricultural products in mutual trade with the countries of the European Union (customs duties on industrial goods have already been abolished by the Europe Agreement) and the application of the Common Customs Tariff on imports from third countries. Freedom of movement of goods after the accession to the EU accounted for Polish entrepreneurs a chance, because the fulfillment of EU norms and standards means full access to the common market, amounting to more than 500 million inhabitants. Particularly noticeable was the impact of accession on foreign trade, which, thanks to the membership not only gained easier access to the common market, but also new opportunities to increase trade with third countries. Since Polish accession to the EU gradually increased trade in agricultural products as well as their participation in the Polish foreign trade. Emigration of Poles also increased significantly, especially to countries that with effect from 1 May 2004 opened their labor markets, namely the United Kingdom, Ireland. In the final evaluation of the benefits of joining the common market and free movement of goods, persons, services and capital far outweigh, in both the scale of the economy and at the micro level, the costs associated with membership in the European common market.

1980 Sonrası Ülkemiz Ekonomisinde Yaşanan Krizlerin İktisadi Yapıya Etkisi

Author(s): Zübeyir TURAN / Language(s): Turkish / Issue: 2/2018

Financial crisis is defined as sharp fluctuations of prices and quantities, occurring in financial markets reflecting as drastic economic problems with payments defaults in the banking sector, which in no way is impendent from each other. Crisis in one sector contaminates other sectors within small time intervals, which initially seems to be in periods. Many financial crises have occurred in the world since the 1970s. Although, a turning point like 1990‟s affected most countries leading to economic instability. Like in the past, most developing countries are not similar in terms of their socio-economic structure, on the other hand financial crises witnessed show several similarities. These financial crises, enlarged with the panic observed in the international investment markets, complemented with speculative attacks has diverged the financial capital flow among countries. Unemployment figures of the world have risen at the point of crisis in the end of 2008. As a result of the contraction in the foreign trade due to the crisis, the Gross Domestic Product of our country has been declining in great proportions. The effect of the crises on our country's economy has been examined in the study.

1990’lardan 2000’lere Rusya’da Devletin Dönüşümünün Ekonomi-Politiği: Bir Neo-Otoriter Düzenleyici Devlet Modeline Doğru

Author(s): Emek YILDIRIM / Language(s): Turkish / Issue: spec. 1/2018

After the disintegration of the Soviet Union, by pioneering of the international finance institutions, “shock therapy” neoliberal agenda, which were previously applied to Latin America, has been actualized initially in Russia and then in all post-Soviet countries. In the same time, while the state, which commanded both political and economic spheres in the Soviet era, has been diminished by the neoliberal policies in parallel to be through with the economic and socioeconomic spheres, nomenklatura, which were Soviet elites, has turned into the oligarchs and the economic power has been acquired by the oligarchs owing to the actualized neoliberal agenda. By the beginning of 2000s, after the coming to power of Vladimir Putin, the process of the rising authoritarianism of the state has started under the name of “strong state” notion. So to say, by coming to power of Putin, who displays a Leviathan profile as the form of the Russian state and even the Russian society, both political and economic transformations in Russia have been guaranteed. Therefore, in this work, it will aim to discuss the changing situation of the Russian state under the Putin’s government within this political and socio-economic framework.

2000s: PAINFUL AND TURBULENT DECADE OF DEBT. HOW DID WE END UP IN THIS MESS?

Author(s): Taha Chaiechi / Language(s): English / Publication Year: 0

Around the globe observations demonstrate that the countries with expected near- future- inflation, unsustainable ballooning government spending and expected recession head towards a financial crisis unless significant policy transformations take place convincingly and before late. And whilst the recent sharp increase in advanced country sovereign debts has led to serious concerns about fiscal sustainability as well as their broader economic and financial market impacts, research on the relationship between sovereign or public debt and economic growth remains sparse, particularly from an empirical perspective. To avoid another chaotic catastrophe the trends of the sovereign debt and macroeconomic performance of countries needs to be watched closely. The projection of the future patterns based on the past and current trends are imperative since it will provide adequate safety net before another financial calamity arrives. Needless to say if the extent of sovereign debt for a nation is too large to finance and service, bankruptcy is very likely to occur and by then there will be little motivation for other countries to cooperate with the system in finding an immediate solution.

2008 KRİZİ SONRASI TÜRKİYE’NİN YENİ PAZARLAR ARAYIŞI UZAK DOĞU ÜLKELERİ ÖRNEĞİ

Author(s): Nigar GULIYEVA / Language(s): Turkish / Issue: 40/2018

In 2008, as the global crisis in the US mortgage system in Turkey directly result from the failure of the much palpable in its impact on the country's export and import partners of Turkey has shown itself to direct. During this period, experienced declines in exports and imports with important foreign trade partner for Turkey, the country has gone to the quest for new markets. After the 2008 crisis, Turkey's changed in quest of new trade, usually made with Europe and other regions of imports to exports to the US side, in particular, has begun to shift towards Asia. Made after the 2008 global financial crisis, this study has attempted to examine Turkey's new market seeking, for example, it received mentions the trade with the Far-East countries, focused on products having a significant share in this trade.

25 DE ANI, ÎNCEPUTUL SFÂRŞITULUI ECONOMIEI ROMÂNEŞTI

Author(s): I. Gabriel Nastase / Language(s): Romanian / Issue: 22/2015

At the beginning of 1990, after the overthrow of the communist regime, the capital of companies, both those in production and services and those in the trade, was kept in an overwhelming proportion of the Romanian state.In the 25 years since the abolition of the communist regime, the main objectives for privatization were taken by foreign investors who hold the controlling stake, so: • cement industry; • Telecommunications; • Steel industry; • Exploitation of oil; • Gas exploitation; • Construction of cars; • Some of the major objectives of mechanical engineering and chemical industry etc.

35th Scientific symposium Osijek-Pforzheim

Author(s): Jelena Franjkovic / Language(s): English / Issue: 2/2014

3i – polskie ścieżki industrializacji (1918-1989)

propozycja weryfikacji ich efektywności ekonomicznej i społecznej użyteczności

Author(s): Roman Macyra / Language(s): Polish / Issue: 1/2019

Purpose – After 1918, in the new political circumstances, the state of the national economy revealed itself in different variations, on one hand, as a remnant of the military heritage and the resulting various positive and negative circumstances, and on the other hand, somehow pointing to the existing entrepreneurial potential accumulated in the society. The result of this balance was clearly negative and in accordance to the conditions, various governmental projects were initiated, the purpose of which was to change the economic structure of the state. Paying attention to the effects of the state's economic policy in the context of the expenditure incurred since the moment of regaining independence is perhaps a different proposal, but precisely in the context of the economic effectiveness of the assessment of these state actions. This is accompanied by the awareness of the systemic diversity that defines both the goals and the effects of these economic policies. Research methodology – The analysis was based on the studies of statistical data and scientific and source studies in terms of their interpretation to the formulated thesis about the relationship between inputs and outcomes. Finding – Preliminary results, which stems from too few analyzed economic indicators, only indicate the direction of possible further studies. They emphasize to the debatability of the final assessments if they are based only on quantitative measures. I point to the possible necessity, to consider other potential fields of correlation between the final effects and the outlays used for this purpose. Originality/value – The difference is that almost all presentations of economic indicators show that in all the individual industrialization paths an economic progress has beed noted, but was this effect, in fact, was positive in relation to the expenditure incurred – this is what I am trying to draw attention to in this text.

4th INTERNATIONAL CONFERENCE ON GOVERNANCE AND STRATEGIC MANAGEMENT "ICGSM"

The circular Economy. BFU. Burgas, 11 - 12 may 2017

Author(s): / Language(s): English / Publication Year: 2017

The conference proceedings “ 4th INTERNATIONAL CONFERENCE ON GOVERNANCE AND STRATEGIC MANAGEMENT “ICGSM” are a collection of the papers presented by the lecturers and PhD students – participants in the 4-th International Conference on Governance and Strategic Management (ICGSM).

A Bayesian Estimation of DSGE Model for the Nigerian Economy

Author(s): Mutiu Gbade Rasaki / Language(s): English / Issue: 2/2017

This paper develops and estimates a small open economy dynamic stochastic general equilibrium(DSGE) model for the Nigerian economy using the Bayesian technique. We include a number of frictions, rigidities, and shocks in our model. The results show a considerable evidence of price stickiness in Nigeria. Furthermore, the results suggest that the forward-looking component dominates price setting behaviour in Nigeria. Moreover, the findings indicate that external shocks such as external debt, exchange rate and foreign inflation shocks largely influence output fluctuations in Nigeria while inflation is driven by money supply, productivity, nominal exchange rate and domestic interest rate shocks. Lastly, the findings indicate that the monetary authority responds strongly to real exchange rate shocks.

A Bayesian Estimation of DSGE Model for the Nigerian Economy

Author(s): Mutiu Gbade Rasaki / Language(s): English / Issue: 1/2018

This paper develops and estimates a small open economy dynamic stochastic general equilibrium (DSGE) model for the Nigerian economy using the Bayesian technique. We include a number of frictions, rigidities, and shocks in our model. The results show a considerable evidence of price stickiness in Nigeria. Furthermore, the results suggest that the forward-looking component dominates price setting behaviour in Nigeria. Moreover, the findings indicate that external shocks such as external debt, exchange rate and foreign inflation shocks largely influence output fluctuations in Nigeria while inflation is driven by money supply, productivity, nominal exchange rate and domestic interest rate shocks. Lastly, the findings indicate that the monetary authority responds strongly to real exchange rate shocks.

A Bayesian Structural Time Series Approach to Forecast Mexico’s Consumer Index

Author(s): Mario A. GARCÍA-MEZA,Francisco Venegas-Martínez / Language(s): English / Issue: 57/2018

A Bayesian structural time series model is used to forecast the current value of the consumption index in Mexico, where correlated searches in Google's search engine are used to determine the weekly value of the index. Mexico’s Institute of Statistics and Geography releases the consumer index, along with other important macroeconomic variables, in a three-month span from their recollection. This can be improved by using information that is readily available just a few days from the end of each month to create an estimate with Bayesian methods. For this we set the time series model in state space mode, which allows us to use a big set of regressors as predictors of the current value of Mexico’s consumer index. The main finding is that the use of the search queries improves significantly the accuracy of prediction.

A Business-cycle-model with a Modified Cash-in-advance Feature, Government Sector and Oneperiod Nominal Wage Contracts: The Case of Bulgaria

Author(s): Aleksandar Vasilev / Language(s): English / Issue: 8/2018

We augment an otherwise standard business cycle model with a richer government sector, and add a modified cash in advance considerations, and one-period-ahead nominal wage contracts. In particular, the cash in advance constraint of Cooley and Hansen (1989) is extended to include private investment and government consumption. This specification, together with the nominal wage rigidity, when calibrated to Bulgarian data after the introduction of the currency board (1999-2016), gives a role to money in propagating economic fluctuations. In addition, the combinations of these ingredients allows the framework to reproduce better observed variability and correlations among model variables, and those characterizing the labor market in particular.

A business-cycle-model with monopolistically-competitive Firms and Calvo wages: the case of Bulgaria after the introduction of the currency board (1999-2016)

Author(s): Aleksandar Vasilev / Language(s): English / Issue: 7/2018

We augment an otherwise standard business cycle model with a richer government sector, and add monopolistic competition in the product market, and rigid prices, as well as rigid wages a la Calvo (1983) in the labor market. This specification with the nominal wage rigidity, when calibrated to Bulgarian data after the introduction of the currency board (1999-2016), allows the framework to reproduce better observed variability and correlations among model variables, and those characterizing the labor market in particular. As nominal wage frictions are incorporated, the variables become more persistent, especially output, capital stock, investment and consumption, which helps the model match data better.