Authors: Elina BENEA-POPUȘOI, Andreea-Anastasia MÎNZA
Abstract: In order to ensure the international competitiveness and sustainable development of the French economy, the country's authorities have implemented a new industrial policy, which also provided for the building and support of competitiveness poles, particularly since year 2005. The poles of competitiveness are conglomerations of representatives of industry, research institutions, as well as local or regional authorities who, by creating synergies and continuous collaboration, reach the pinnacles of economic efficiency. In addition to meeting all these conditions, the French poles are modern class clusters, fully adapted to the current trends of innovative development. They have managed to achieve multiple concrete results in terms of economic growth, succeeding in contributing to the modernization of the economy by increasing the competitiveness of products, services and labour. Members of the competitiveness poles aim to develop competitive advantages that provide for the sustainability of the innovation process.
Keywords: competitiveness pole, cluster, competitive advantage, industrial conglomerations, triple helix model, four clovers model, regional collaboration, innovation.
Pages: 6-13 | Full text (PDF)
Authors: Marina POPA, Cristina TOMȘA
Abstract: The world is in constant motion, both in terms of evolution and change of territory. Migration flows have existed since the appearance of humans on earth, even though the majority of the population considers it as a recent phenomenon. Humans have always migrated in groups and as individuals to seek freedom from war and conflict, to escape hunger and poverty, to find new economic opportunities and employment, to flee from religious intolerance or political repression, or even to trade and to travel to new places. However, the continuous increase of migration flows throughout history has had certain stagnation, caused by massive events, as in the case of our research, COVID-19. The main purpose of this paper is to analyze the impact of COVID-19 on migration flows. The relevance of the topic is due to the fact that the world is going through the biggest pandemic in the history, and analyzing all the consequences and effects during its evolution, can help us determine opportunities how to improve the negative impact on the economy, society and politics. As follows, the main purpose of this paper is to emphasize the effectes and consequences of COVID-19 upon the migration flows and remittances, by analyzing the 2000-2020 period with the intention to understand and evaluate the affected subjects and consequences on the global economy.
Keywords: migration flows, remittances, Covid-19, weak economy, stranded migrants.
Pages: 14-25 | Full text (PDF)
Authors: Elina BENEA-POPUȘOI, Polina ARIVONICI
Abstract: The purpose of our research has been to ascertain and elaborate on why some countries could not take advantage of migrants’ remittances or even are experiencing some adverse side effects due to them. Moreover, the paper aims to identify an adequate set of policy recommendations for the remittances dependent countries. In order to elucidate the multiple implications of remittances, apart from introduction, literature review, and conclusions, we have structured the research into 3 sub-chapters, examining the connection between remittances and some macroeconomic issues, investment climate in remittances recipient countries, and drawing some policy recommendations. To generate and analyse data we have relied on both qualitative and quantitative secondary data analyses. For quantitative data, we used statistical analysis of relevant indexes elaborated by the World Bank and the Heritage Foundation. While for the qualitative approach, we used thematic analysis of the bibliographic sources. A major finding of our research is that there is a thin line between remittances’ pros and cons, since in fact almost every short-run advantage can turn out into a long-run side effect, primarily as a result of mismanagement and conspicuous consumption of these financial inflows, due to unfavorable business climate and decreased marginal propensity to investment of the population. Therefore, the benefits and adverse side effects of remittances are interdependent.
Keywords: remittances, remittances dependent countries, remittances’ side effects, migration, marginal propensity to invest, investment, resource trap, ex-socialist countries
Pages: 26-33 | Full text (PDF)
Authors: Mariya YANEVA
Abstract: The historical development of mankind shows that money is one of the greatest and most debated creations of our time. In the conditions of the XXI century of innovations and technological rise, the practical displaces the logical. In this regard, cryptocurrencies known as digital money are increasingly being discussed. The subject of this study are cryptocurrencies as a new and innovative financial resource. for payment between economic operators at national and supranational level. The subject of the study is an analysis of public attitudes. The main goal of the research is related to the analysis of cryptocurrencies through the prism of the public attitudes of the society on the territory of the Republic of Bulgaria and the Republic of Turkey.
Keywords: cryptocurrency, digital money, economic, finance, public attitudes, Republic of Bulgaria, Republic of Turkey
Pages: 34-40 | Full text (PDF)
Authors: Elina BENEA-POPUȘOI, Melisa CASAPU
Abstract: The development of the world economy is primarily determined by the process of international specialization. The production of the specialized economic branches is usually distinguished by high quality; therefore, it is demanded in the world market. Since each country specializes in the production of certain types of products and their volume exceeds the demand in the domestic market, the need to export them emerges. International specialization aims to adapt the national economic potential, the domestic economy to the requirements of the world market. Hence as result of such specialization, international trade flows take place, that strengthen the economic interdependencies between countries. The global chocolate market size was valued at USD 130.56 billion and is considerably growing. The cocoa beans are the essential ingredient for chocolate, cocoa products and a wide range of other food products. Global cocoa production is expected to reach 4.8 million tons in the 2020/2021 crop year. Lately, the price of cocoa has been well over two U.S. dollars per kilogram.
Keywords: international economic flows, international specialization, cocoa world market, cocoa products, chocolate industry, traditional chocolate, artificial chocolate, intellectual property, product quality and safety regulations, the economics of chocolate
Pages: 41-48 | Full text (PDF)
Authors: Elina BENEA-POPUȘOI, Irina ROȘCA, Mădălina BÎRCĂ
Abstract: Today we work in the knowledge economy. Whoever owns the information, implicitly has economic power. In this research, we have looked at the migration of human capital and international talent flows through the prism of the educational systems of various countries. The object of our research is human capital, talents and their flows. As research methods we mainly used observation, comparison, analysis, synthesis and inductive reasoning. Inter alia, we have set out to tackle the causes of mass migration, including of the brain drain, and the consequences of these phenomena on the development of various states. We examined how the educational systems of the countries of the world influence the international talent flows, and what is the role of quality education. The paper can serve as an indicative map on the subject of international talent flows and will be particularly useful for researching both the international economic relations, and the global economic issues.
Keywords: international talent flows, talent attractiveness indicators, talent retention and return, educational systems, quality of education, human capital, human resources, brain drain, skilled migrants
Pages: 49-57 | Full text (PDF)