The systemic transformation in Poland, aimed, among others, at activating market mechanisms, has resulted in a change in the ownership structure and privatization that has accompanied it. Privatization processes are commonly considered to be principally motivated by an increase in efficiency of the economy based on the assumption that efficiency of private enterprises is higher than that of public sector ones. The main aim of the article is to verify the above hypothesis. An analysis of efficiency of public and private sector enterprises, taking into account their organizational and legal forms, made on the basis of Central Statistical Office information, confirmed the above hypothesis. Private enterprises use their assets better and take advantage of the financial leverage mechanism to a larger extent. It should be emphasized, however, that private enterprises are more adversely affected by economic fluctuations caused by the crisis.
Cosmin-Marius Grozav, Țuțu Pişleag and Aurelian Raţiu
We need a brief assessment of the international security environment in order to have a more realistic picture of the world we live in, having the perspective of threats, risks and vulnerabilities. The current and future security environment is characterized, among other things, by its complexity of actors, dynamism of threats as a result of the rethinking of the political-military postures of some states with military potential ore emerging states and non-state actors. In the foreseeable future, the security environment will continue to be influenced by multiple challenges, risks and threats, caused by the globalization phenomenon and political, economic, military and technological interdependencies which can provoke strategic surprises. The European area is in a continuous process of transformation with strategic implications. The systemic transformation will affect the European states and their adjacent regions visibly but distinctly, but the impact on European and Romanian security will be differentiated in the long run.