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Financial Resources as a Bound between Economy and Security

Abstract

The current paper is pursuing some of the benefits that could be obtained by each domain – economy and security – as a result of consolidating one another, as well as the possible dangers and security risks that countries might face, due to low economic performances or security underfunding. The arguments presented seek to increase the level of involvement in solving various challenges of these domains and the understanding that any overlooked disruptive factor or for which no solutions are sought today, may have multiplied future effects. Therefore, joint action is vital since the multiple connections, between economy and security, cause each domain to be foundation of stability and development for the other.

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The Relevance and Influence of Small States in NATO and the EU Common Foreign and Security Policy

Abstract

Small states are important and visible players in international politics. Their power is limited, and their economy and military capability may not match those of their larger neighbours, but small states enjoy certain advantages that increase their abilities to influence international politics. This article tries to show and explain how small states can act and exploit their advantages in a wider international arena. The main aim is to show ways and methods for small states to act and pursue their policy goals. This article analyses the behaviour of small states inside two major European security actors: NATO and the EU. Several examples will be presented in detail, namely, air policing in the Baltic states and the Lithuanian Presidency in the European Council. These examples clearly show the achievements and failures of small states in international politics.

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Financial Crisis and New Solutions in the European Union: the Case of a Small Country

Abstract

This paper addresses the probable modifications of the economic strategy of Lithuania after the 2008-2009 crisis (the Great Recession) and the changes in macroeconomic environment in the European Union (EU). In Lithuania’s case, like that of the other two Baltic states, a certain specificity of a small open economy was revealed and the need for some adjustment of strategy was displayed. Both the rapid economic progress of the Baltic States as well as their extreme economic depression during the crisis in the largest part was the result of the integration of those national economies into the European and world markets. The crisis has not only halted the economic progress of the EU and other countries of the world for a few years, not only induced attempts to review some weakened postulates of economic theory, but also asked for major adjustments in the economic policy of the EU and member states. Based on the texts drafted by the European Commission it has already agreed on tougher requirements in the Stability and Growth Pact, signed and ratified the Treaty on stability, coordination and governance in the economic and monetary union, and the European semester began operating procedures. EU Member States’ economic policies have become inserted into a rigid frame, and the process of content aggregation of national economic policies will continue. Based on theoretical conclusions of single currency area and the practical requirements of the common monetary policy in the euro area integration processes are underway and will proceed rather fast. By the decisions of European Council the euro area should become a nucleus of economic integration of the EU member states, leading to full economic union. EU’s political leaders, in conformity with the theory of European integration, raise already an issue of political union into the agenda. The article provides an analysis of the changes and draws a couple of conclusions. First, the process of economic integration should be separated stricter than ever before from process of political integration. Second, economic integration modifies the sovereignty of the states (increasingly moving to the principles of unified economic policy and economic decision-aggregation), which is not to be equated with the loss of sovereignty, but requires a new approach in the assessment of factors and motives of a national economic policy and its role in securing country’s sovereignty

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The Effects of Ageing Population on the Economy and on Service Activities in Romania

Abstract

Romania's ageing population is a fact well established by specialists in statistical data analysis. The effects of this irreversible phenomenon, which is difficult to counteract in the current circumstances, are multiple - on the economy, generally, but especially on the service activities which are necessary for the target population - "old age" - in order to increase their quality of life. In this paper we proposed to analyze the level of ageing of the Romanian population, to identify the effects of this phenomenon on the economy and on the major economic sectors with emphasis on service activities. Tertiary sector activities are divided into two categories namely: those that can improve the quality of life of elders and services absolutely necessary for them - elderly care services, medical services, spa treatment services, social services etc.In order to achieve the objectives proposed in this paper, we used the analysis of the specialized literature on this subject up to this point and the descriptive statistics with which we interpreted the statistical data found in the official databases. The results of this study are to establish the existing relationship between the ageing process of the Romanian population and the response of the economy, and especially of the services to the needs of the elderly

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The Economy of Romanian Naval Transports in the Period 1990 – 2000

., World Economy and World Seaborne Trade in the 2005-2013 Period, EIRP Proceedings, Vol. 9, European Integration - Realities and Perspectives, 2014, pp 236-239.

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The Role of Universities in the Knowledge based Society

Abstract

As a concept, knowledge covers vast ground and has multiple meanings. In the present day, it is frequently encountered through the term ‘knowledge economy,’ which is usually used to refer to the importance of knowledge as a contemporary commodity. Public awareness of the importance of intellectual property in the information age is essential to the successful implementation and growth of the knowledge economy. Most people do not have a very clear idea about the role of intellectual property in encouraging creativity and the importance to our economic well-being. While it is necessary to increase public awareness in this area, it will not be easy. Intellectual property is typically perceived as being incomprehensible because just a little part of the people has education in this field. IP education means the skills and competences that young people can be expected to acquire in the classroom that enable them to become familiar with intellectual property, understand its potential to generate income and economic growth and lead them to respect IP rights. This paper will present the role that universities play in the development of the knowledge based economy and the need to have more educational programs in this field.

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“Pool it or lose it?” – a contrastive analysis of discourses concerning EU military integration and demilitarisation in the Baltic Sea

and State Power from Messina to Maastricht . Cornell Studies in Political Economy . Ithaca (NY): Cornell University Press. Morozov, V., 2002. Human Rights and Foreign Policy Discourse in Today’s Russia: Romantic Realism and Securitisation of Identity. COPRI Working Papers (6/2002). Müller, P., 2016. EU foreign policy: no major breakthrough despite multiple crises. Journal of European Integration , 38(3), pp.359–374. Myntti, K., 2016. “Putin driver oss mot Nato”. Vasabladet 8 June 2016 . Niinistö, J., 2016a. Ahvenanmaan asia. Jussi

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Directions for Improving Efficiency of Knowledge Use in Modern Economy

References [1] Burtea E., Edificarea societății cunoașterii bazată pe informație a economiilor emergente în accord cu reglementările europene și internaționale , Ed. Print-Caro, Chișinău, 2014. [2] Dicţionarul explicativ al limbii române DEX, Bucuresti: Ed.II, Universul Enciclopedic, 1998, p.1192 [3] Gribincea A., Imitational Models of the Innovation Development of the Country in Conditions of the Internationalization of the Economy , Chisinău-Sibiu: In Revista Economică. Nr. 5-6, 2008, 33 p. [4] Hurloiu L.R., Burtea E., Hurloiu I

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Empirical Research on Financial Stability in Contemporary Economies. Romania Case Study

Abstract

Given the profound changes of the financial systems as a result of the technological innovation, the economic liberalization and globalization in the recent decades, and the economic crisis, achieving financial stability is a necessity for the modern economies. In the national economies, ensuring financial stability is a priority for the central banks and the other regulating and supervising authorities. These issues, and others, are the main objectives of our research, and, by referring to the Romanian experience in terms of financial stability, through the conducted research, we intend to contribute to the systematization and the development of knowledge in this area.

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