Raluca Irina Clipa

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• Professor
• Professor at Alexandru Ioan Cuza University

This chapter aims to analyse the specificity of spatial development in Eastern Europe, both from a historical perspective and from the point of view of resource allocation rationality. Subordinated to this objective, it will be explained why and with what consequences for the East, the West does not adapt its production capacities to its strict nee...

It is known that the productive nature-labour-capital triad gains connotation and meaning depending on the historical, territorial, and political context in which it occurs. When Ricardo told us that people ”rise” towards machinery and that fear of unemployment is irrational, he sent his thoughts to wander within the boundaries of a microenvironmen...

The objective of sustainable development cannot leave aside the relevance of short-term benefits, long-term negative externalities, and opportunity costs of actions implied by the complex relation economy-society-environment. The transition to a green economy cannot be based exclusively on win-win solutions for all involved parties but requires tak...

Crises, such as the current pandemic, and the measures meant to tackle with them tend to increase the presence of the informal sector in the official economy, affecting mostly the emerging and developing economies. This situation is characteristic for the eleven CEE countries. These also display certain weaknesses at the economic and institutional...

Informal or shadow economy and its multiple determinants have gained the attention of economic research, benefitting from a vast body of literature in the field. Even so, the nexus between the expansion of the informal economic sector and institutions, perceived as good practices, has been less explored. If the formal institutional component is eas...

Against the backdrop of concerns for diminishing the vulnerabilities of the economies of the Member States, the EU has adopted measures to strengthen budgetary discipline and control of the public deficit. In this context, the responsibility of government institutions has increased, not only in ensuring the sustainability of public finances but als...

Economic and social progress is directly and closely related to energy consumption. In the latest decades, there is a higher need to reduce energy consumption from conventional sources, replacing it with energy obtained from unconventional sources. The environmental concern is one of the objectives of the European economic policy, with a particular...

The formation and development of the shadow economy is the result of a complex phenomenon generated by certain different economic, social and political circumstances. Although in terms of theoretical debates it is admitted that the shadow economy is correlated (directly or indirectly) with a number of macroeconomic variables, the results of empiric...

Nowadays society is faced with a severe pandemic situation. This context has brought to the foreground an intensely disputed issue concerning the interventionist measures that governments are taking supposedly to solve the problems caused by this pandemic. Both the fiscal and monetary policies used by the member states of the European Union have a...

According to Regional Innovation Scoreboard 2016, Romania’s regions, including the Bucharest-Ilfov region, are classified as modest innovators. This paper’s objective is to identify certain potential ways of economic growth of the Romanian regions through its innovation absorptive capacity and innovation development capacity, according to the AC/DC...

We demonstrate that from a historical perspective, spatial development involves elements of continuity. Although the anatomy of an economy is the result of an economic culture that is never ideologically free, the culture does not permeate everything. Rather, a time-resistant hard core consisting of sentences that define efficacy and rationality ex...

The paper aims to answer the question if Romania is a sustainable developed country, using the analysis of Ecological Footprint (EF) in correlation with Human Development Index (HDI). EF expresses the ecological goods and services that people need to meet their needs within a given space. It comprises biocapacity, defined as a biological production...

Researchers in the field of regional economy but also geographers have long been concerned about the problems caused by uneven regional development and how it can be reduced by appropriate regional policies. Recently, however, the traditional argument of regional policy to reduce the spatial concentration of economic activity in certain regions, in...

The future of the European Union was designed to be projected on the dimensions of sustainability and cohesion among member states. Even so, the reality of the last years has pointed out numerous discrepancies in terms of cultural background, economic, social or political aspects. Youth employment, as phenomenon able to detract from the normal path...

Recent developments of economic theory analyzing institutions and the importance of alternative institutional structures on economic performance have created the possibility to consolidate a core of economic research on institutional issues. The integration of institutions into general economic research therefore creates the opportunity to reassess...

Legătura dintre economiile de aglomerare şi costurile de transport pare să sugereze că aglomerările devin mai puţin importante pe măsură ce costurile de transport scad. Cu toate acestea, un paradox al vremurilor noastre este că tendinţa de aglomerare a rămas extrem de puternică, în ciuda deplasării, mai facile decât oricând, a bunurilor şi cunoştin...

In the rich economic literature on entrepreneurship, the economic, social and normative conditions catalyzing its productive manifestation, we may observe a relative lack of interest for the study of the way in which institutional entrepreneurship replaces specific imperfections typical for formal and informal institutions providing solutions by me...

Using the critical analysis of the literature,the paper brings into focus the role of informal institutions on economic performance. The main conclusion drawn from the analysis is that economic performance is structured on the optimal functioning of institutional arrangements in which informal institutions are of particular importance by catalyzing...

The paper aims to assess the synergic impact of institutions, geography and culture on the decision of localization of operations and individuals. For this purpose, we will identify factors influencing the spatial distribution of operations and suggest an analysis of typology and institutions favorable for economic performance. We conclude that the...

The paper aims at analysing the dimension of the underground economy in the EU states between 2003 and 2015. In order to achieve this goal, we use qualitative and quantitative methods. In the first two sections of the study we resort to conceptualisation and bring up to date scientific contributions in the field of the shadow economy both in terms...

The crisis has led to significant regional disparities, or at least to stopping the phenomenon of convergence observed before its outbreak. The poor performances of the five of the Romanian development regions put into question again the proper way to refer to this subject. This paper aims to critically analyze the measuring of regional competitive...

The aim of this paper is to identify the institutional factors that determine shadow economy European Union level and to group the member states into clusters using shadow economy and the institutional factors as variables. Shadow economy, a serious enemy of economic development, with unknown dimensions and unpredicted evolution, does not develop i...

Agglomeration economies are defined as the external benefits that economic actors can obtain by being located near other firms, workers and consumers. This paper aims to show that there is a causal relationship between the features of local culture and entrepreneurship, resulting in a positive effect, which leads to agglomeration economies. The cul...

The aim of this paper is to structure, from a historical and spatial point of view, the existing specialists' concerns in developing theories about agglomeration. The complete and complex evaluation of agglomeration economies allows us to make important contributions to assessing the relative dimension of agglomeration theories, placing them within...

Our study aims at analysing the monocentric/polycentric trends in Romanian regional development and formulating the recommendations regarding public policy for the attenuation of present development disparities. In order to achieve this goal, we used as variables the annual GDP rates of each region, viewed as representations of their development le...

The aim of our paper is to capture, using logical analysis and graphic modelling, the implications of the new economic geography (NEG) in terms of regional policy in Romania, aiming to answer the question whether NEG and agglomeration economies should concern the policy makers in our country. The analysis of the macroeconomic model based on the int...

The role of the legal system in generating economic performance is enjoying increased attention inliterature. Our scientific endeavour tries to underline, from an original perspective, the incoherence whichcharacterises the Romanian law and judicial system; at the same time, it also offers a few solutions meant torestore and reconsider the role of...

The purpose of this article is to study the manner in which firms promote a risk management adapted to current economic changes, while shifting from an old challenge (the role of indebtedness in maximizing firm value) to a new one: financial fragility and vulnerability to crises. Our premises were: on the one hand, in the context of major imbalance...

The aim of this paper is to celebrate the two golden decades" of the New Economic Geography (NEG), outlining the main achievements of this new field of study, and at the same time, to critically examine the actual stage of NEG and to formulate some opinions regarding its future.

When the multinational firms employ human resources from different countries they have to submit to the restrictions concerning cultural differences. The paper is an attempt to show how the human resource management administrates these cultural differences.

This paper studies from a theoretical, methodological and empirical perspective, the impact of globalization on management, in all its functions, from strategic forecasting and planning, to organizing a company within the global economy, as well as to managing human resources in the global environment. The first part is devoted to the conceptual an...

The research aimed to evaluate the concept of resourceseconomy- environment complex network, under the conditions of composite and interactive financing projects for environmental protection, with elements which derive from such notion. Within this context, the paper analyses the topic of interaction and convergence of the processes of integration...