Author: ABABAKR Amer
Abstract:Transnistrian is a frozen geopolitical conflict extends back to the dissolution of the Soviet Union and the formation of an independent Moldovan state. However, there has been little real movement toward a long-term conflict resolution until recently. The aim of this study is to find out why, despite the efforts of the European Union, the Transnistrian conflict remains inactive and there is no clear prospect for resolving it. To answer this question, the integrated theory of regional security by Buzan and Weaver has been used. The results of this study show that Transnistria is part of a regional security complex under Russian influence, and its intersection with the security complex designed in the Eastern Partnership plan does not allow the EU to resolve the conflict. The difference in the power structures in the two complexes has an effect on the failure of this process. The matrix of regional security complexes in this area is centralized with sub-branches of superior power and superior institutions, and this has added to the complexity of conflict resolution.
Keywords: The European Union, Transnistria, the Conflict Resolution, the Eastern Partnership Policy, the Security Complexes, and the Frozen Conflict.
JEL Code: F02
Pages: 5- 20 | Full text (PDF)
Author: COTELNIC Ala
Abstract: Performance is a current and expanding topic, debated by both academic researchers and practitioners, being a complex concept that can be defined from several perspectives. In this article, the concept of performance is analysed in general and in particular in the university environment. We find that the concept of performance has undergone an impressive evolution in recent decades, because in the beginning, the definitions attributed to performance referred only to financial indicators, but over time, non-financial indicators were taken into account, which proved to be indispensable for the proper functioning of the organization, but especially for higher education institutions. Thus, performance measurement uses specific indicators to differentiate and compare universities, either in terms of study programs or the university as a whole, or for funding (Ministry of Education and Research) or for accreditation and quality assurance. In the article we refer to the performance indicators for the financial stimulation of public universities, which operate under conditions of financial autonomy in the Republic of Moldova. The proposed performance measurement system for the Moldovan universities is a new one, in the making and is being used for two years. A comparative analysis of some indicators is performed. The purpose of this article is to study the essence of the performance in the university environment notion and the methods of measuring performance based on the scientific literature in the field and normative acts. We also analyzed how the performance of universities in the Republic of Moldova is measured and what are the possibilities for improvement.
Key-words: performance, academic environment, performance measurement, performance indicators, performance management, compensatory funding.
JEL Code: I23, L25
Pages: 21 - 29 | Full text (PDF)
Author: Olesea SIRBU, Lilia COVAȘ, Liudmila STIHI, Angela SOLCAN
Abstract: The adaptation of higher education in the Republic of Moldova and Ukraine to the changes taking place in modern society requires the implementation of innovative forms of education of the young generation. The integration of dual education at a higher level of education will allow to effectively combining the development of knowledge, skills and attitudes appropriate to each context by collaborating with the business environment, thus providing opportunities to capitalize on theoretical skills in the real sector. The article presents the results of a survey of companies needs for dual higher education in the Republic of Moldova and Ukraine. The study is carried out within the Erasmus + COOPERA project "Integrating Dual Higher Education in Moldova and Ukraine", ref. no. 617490-EPP-1-2020-1-MD-EPPKA2-CBHE-SP. The aim of the project is to integrate dual higher education in partner countries. The study was conducted in 2021 and shows the situation in Ukraine before the war, but we hope that once it is completed it will be possible to return to a normal way of life, and further efforts are needed to restore the devastated economy and educational system. Thus, the identification of the specific needs and requirements of economic agents, as basic partners in dual education in higher education institutions, allowed foreshadowing the opportunities and perspectives for universities and business in the Republic of Moldova and Ukraine. Based on the study, Dual Higher Education Model (DHEM) was developed, which will be used to pilot DHE within ASEM in the 2022 academic year.
Keywords: higher education; dual higher education model; needs from the employment sector; student; university.
JEL Code: I23, I25, L26
Pages: 30 - 49 | Full text (PDF)
Abstract:The modern world is full of unpredictability and risks. Until recently, change management models could develop an approach that is adequate for business for several years ahead without the need for significant changes later. Today, such an approach is practically impossible, given the dynamism and complexity of the external environment. Today's environment is often characterized by one concept - digitalization. In this article, we will try to characterize the features of the modern business environment and outline trends in the development of change management in uncertain and unpredictable operating conditions, will define the problems that stand in the way of transformation, as well as clarify the factors that should contribute to the successful functioning of modern organizations. The research methods used in writing the work were: the method of analysis, synthesis of scientific literature, analysis of statistical data, as well as a study conducted by the author on a number of Moldovan enterprises in order to determine the prospects for the development of change management in the Republic of Moldova.
Keywords: transformations, digitalization, changes, behavior model, uncertainty, business model, perspectives, change management
JEL Code: M19, O31,O33
Pages: 50 - 62 | Full text (PDF)
Author:Monica-Laura ZLATI (SORICI), Svetlana MIHAILA, Veronica GROSU
Abstract: Under conditions of uncertainty, the financial performance of a state (which is the attribute of the state's assurance of welfare through the contribution of economic activity to the financial-budgetary vectors) changes in relation to the influences of uncertainty factors and the response of the entropy of the system to the social protection measures adopted by the authorities in response to the crisis. Thus, in the opinion of the authors, the financial performance can be quantified according to the capacity of the resources to satisfy the financial needs, in an equitable measure, based on the allowed access, in the presence of protection against financial risk and through the sustainable consumption of resources. We propose to develop a model for assessing financial performance under uncertainty based on the consumption vector represented by the average monthly cost felt by the employer. The methods used are prospective (literature study) and analytical (consolidation of a Romania-Moldova parallel database for relevant macroeconomic indicators: active population, Total state companies' revenues of, Number of state companies, Number of employees, Total national income). The results of the study materialize in the assessment of economic development patterns influencing financial performance by creating parallel correlations with effect in delineating the influences of endogenous and exogenous factors on the financial performance of the two countries.
Keywords: financial performance, analysis, econometric model
JEL Code: I31, R13
Pages: 63 - 76 | Full text (PDF)
Author: Constantinos CHALLOUMIS
Abstract: This paper assesses the cycle of money in an actual case scenario like this of the economic system of Moldova. The calculations of the index of the cycle of money in Moldova are compared with the global average index of the cycle of money. The results reveal that Moldova is below the average global value, but it is above the critical level of 0.2, meaning that the economy can face an economic crisis. Therefore, Moldova’s results show that it is a well-structured economy and can face an economic crisis. These results are from a project for multiple countries and this is the only study until the present time about this country’s index of the cycle of money. The period that is used for compiles is the global recession period of 2012 - 2020. Prior results are from the cases of Latvia, Bulgaria, Serbia, Greece, Montenegro, Ukraine, and Thailand. The current work is the only one for the case of Moldova.
Keywords: Index of the cycle of money, general index of cycle of money, Moldova, Cycle of Money (CM) theory, structure of the economy
JEL Code: D6, E1,H1
Pages: 77 - 89 | Full text (PDF)
Author: Olesea PLOTNIC, Lucia POPESCU
Abstract:The topicality of the subject is determined by the devastating economic effects of the events of the last two years that have affected the economy of the whole world, namely the pandemic with Covid 19 and most recently, the war in Ukraine. These effects are equally disruptive for intellectual property contracts when it is impossible to perform the obligation for the length of time the force majeure event exists, or the party shall engage in efforts to mitigate the effects of the force majeure event to perform the obligation under intellectual property contract. The research aims to clarify what circumstances or events could be considered force majeure, as well as the applicability of legal provisions in the context of measures undertaken by authorities in relation to events occurred. In addition, the performance of intellectual property contracts in force majeure circumstances will be addressed. Following the compared analysis of national legislations and practices, as well as different opinions and considerations of academia, the research reveals what circumstances could be considered a force majeure event, what are its particularities and impact on intellectual property contracts.
Keywords: force majeure, impediment, contractual liability, intellectual property contract
JEL Code: K 12, K 20
Pages: 90 - 106 | Full text (PDF)