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The paper proposes an analysis of the effective rate of absorption of European Structural Funds in Romania, allocated to the national agricultural sector, in the period 2019-2022.The research was carried out on the basis of the official information, provided by the Romanian and European statistical systems. National Institute of Statistics and the Ministry of Agriculture and Rural Development. The results of the research show a strong correlation between the effective absorption rate of the European Structural Funds and the total net investments in the agricultural sector at the national level. Agriculture can be considered as a model for the other domestic economic sectors from the perspective of the degree of absorption of European funds. Considering the importance of the agricultural sector, it is necessary that the value of net investments increases, regardless of the source of financing used, but above all that farmers make the most of the opportunity to access non-reimbursable structural funds. [ABSTRACT FROM AUTHOR]

The green economy is currently a hotly debated global pillar as it has a significant impact on sustainable development. The implementation of this concept aims to identify viable solutions for the development, conservation and protection of the environment as a result of economic and social aggression. At the same time, international organizations are generating alternatives to combat the long-term negative factors that may affect the well-being of the population. In order to reach the proposed objective, that of implementing a sustainable economy, a coalition is needed between the private sector and the legislative power in Romania. The private and public spheres must reach a common point through which they can reduce the wear and tear of economic growth with the aim of reducing environmental risks, enhancing the use of resources and increasing the quality of life. This paper aims to identify the tools needed to adopt a Green Economy by analysing current opportunities for economic development based on sustainable policies and investments. In the context of those presented, the paper proposes some measures and tools to streamline the transition to a green economy in Romania. To reach the result of this descriptive analysis, research methods were used based on reports, studies, papers and specialized publications both online and offline. As a main result of this paper we can mention the identification of some changes at the level of demographic indicators but also the identification of some notable results in terms of share of renewable energy in gross final energy consumption and recycling rate, important factors for the analysis of the green economy at national level. [ABSTRACT FROM AUTHOR]

Tourism is an important sector that has an impact on the development of a country's economy. Among the main benefits of tourism are income generation and job creation. It is the most important source of wealth in many parts of the country. The national economy can benefit from tourism as long as there is availability for investment to develop the infrastructure that will meet the needs of tourists. Romania has tourist potential to develop coastal tourism and mountain tourism, but also other alternative forms of tourism. The aim of the article is to present the impact of tourism on the economy, especially on income. The paper presents tourism as an excellent potential, a catalyst for economic growth thus representing a key sector at the macro-economic level. [ABSTRACT FROM AUTHOR]

The goal of this paper is to analyze the involvement of institutional investors in the corporate governance of companies in their portfolio by analyzing characteristics of institutional investors concerning the type of investment, investment time horizon, and degree of involvement in the process of managing a company. Starting from the deductive approach, the method of description, compilation, and classification is applied in this review paper, which describes and groups the previous theoretical and empirical research. Main findings indicate that institutional investors are involved in the corporate governance of their portfolio companies and that control mechanisms they use include voting rights at general assembly meetings, direct communication with the management to discuss strategies for future development, and collaboration with other institutional investors in the ownership structure. The theoretical contribution of this paper is an extensive, critical, and systematic review of existing theoretical and empirical findings from the domain dealing with the impact of institutional investors on the corporate governance of companies, and identifying key future opportunities to advance knowledge in this field. [ABSTRACT FROM AUTHOR]

The larger context of our research is the impact of the Romanian transportation infrastructure development on the nation's economy. In this paper we focus on presenting the inland waterways, canals and maritime transportation infrastructure, the volume of goods transported and some economic implications. The scope of the present study is to analyze data regarding the volume of goods transported on the inland waterways and maritime transportation infrastructure. The considered time-frame for this paper is from 1990 to 2019 and the data was collected from sources such as annual reports of Governmental Agencies, Eurostat and the National Institute of Statistics. We found that there is severe lack of reported data or even data inconsistency between authorities. As economic policy implications we mention the need for investments in maintenance, development, and modernization of infrastructure to stimulate the positive trend in volumes of goods transported. [ABSTRACT FROM AUTHOR]

The topic of firms' internationalization has been intensively studied over the years, representing an engaging subject for business enthusiasts from both the business environments as well as the academia. The process of internationalization is the method usually used by firms to expand their economic activity outside their country of origin, as they try to expand their market share and gain a bigger customer base. The purpose of this paper is to gain a better understanding of the evolution of firm internationalization in Romania and Moldova after the fall of communism as both countries have gone through drastic changes in order to become a market economy. This paper discusses the main business internationalization trends after the fall of the communist system. [ABSTRACT FROM AUTHOR]

The aim of the article was to identify ways to increase the attractiveness of the business environment in Romania. In order to achieve the goal, it was resorted to comparing the attractiveness of the business environment in other countries with the one in Romania. The comparative study was carried out by analyzing the factors that influence the business environment and determine its degree of attractiveness. The legislative, fiscal and institutional factors, which represent the levers through which the state acts on the business environment, influencing its attractiveness, were analyzed in chapter 4.1. of the paper. The economic-social factors, which represent the effects of the implementation of government strategies, are the object of study of the chapter 4.2. [ABSTRACT FROM AUTHOR]

The goal of this study is to look into how to finance the agricultural sector in Romania. The study emphasizes public institutions and their contribution in financing Romanian agriculture, as well as the results obtained by analyzing the effects of public funding on the agricultural sector, which are critical to the economy. In this regard, we present the functionality and involvement of two important national public institutions, APIA and AFIR. The research methodology is based on qualitative methods that employ both inductive and deductive reasoning. The study's main conclusion is that European funding leads to higher in the number of new farmers as well as an increase in agricultural entrepreneurial income. Moreover, the findings of the study can help public decision-makers understand the agricultural sector's financial needs as well as its importance to the economy. [ABSTRACT FROM AUTHOR]

The paper presents an analysis of investments as the safest prospect for economic growth. In Romania, investments are needed to recover the economic gaps as compared to the European Union countries, but also to reduce the differences between regions. Sustainable development of the country must solve the challenges of the transition from the industrial to the digital economy, of adapting and confronting climate change, of demographic change, to which the corrections of economic imbalances due to the consumption-based growth model must be added. Investments can be made by the business environment (large companies, consortia, multinationals) operating in Romania. Financing can also be made through projects that are funded from the European Union budget. Investment often stimulates job-creating economic sectors that will generate economic growth. First of all, the investments must be financed by allocating funds through domestic possibilities, to which the attraction of foreign direct investments is added. An important role in this regard belongs to the legislative framework, which determines the removal of barriers for investment, but also to the attraction of Romania's economy which is different from one economic sector to another. In the article, the authors presented the main aspects of investments and aimed to highlight the effect of investments on the business environment. [ABSTRACT FROM AUTHOR]

The climate change and sustainable development issues have increasingly become a subject of global concern in the last decades and even more due to the impact of the Covid-19 pandemic. Therefore, the concept of sustainable finance has gained lately more substance and features. The main objective of this research is to conceptually analyse the character and importance of sustainable finance as required nowadays for a green recovery after the latest major health, environmental, financial, economic, and social Covid-19 crisis and for the transition to a sustainable economy, in the particular case of European Union. The methodology is based on the literature, own outcomes, analysis and synthesis, in order to reveal some of the most important factors for the development of a new paradigm of sustainable finance as well as the objectives and principles of development. The first part is dedicated to the scientific and theoretical background, while in the second part of the paper body it is analysed the sustainable financial system of the European Union. Although the foundation blocks have been stated and there are already successful sustainable investments in green projects (as in Romania e.g.) conclusions suggest that this is only the beginning of a new era of the sustainable financial framework, enabling the EU economy to transform and recover while taking in consideration the ESG criteria and especially the climate neutrality goals. [ABSTRACT FROM AUTHOR]

The purpose of this article is, through a comparative analysis between the development of the call-center industry in the four macroregions of Romania, to identify ways of attracting investors to areas with low attractiveness for this field of activity. Knowledge of the activity sector is a condition for identifying ways to develop call-center services in areas not yet exploited. In chapter 4.1, an overview of the call-center industry in Romania was made. The comparative study between the development of the call-center industry in Romania's macroregions was carried out by comparing the business environment of call-center companies and the evolution of these companies. The study is presented in chapter 4.2. The conclusions of the study include the causes of the gap between macroregions, detected within the analyzes carried out and ways to increase the investment attractiveness of disadvantaged areas. [ABSTRACT FROM AUTHOR]

In the current economic context, accounting must support sustainable development, providing important information about the impact that economic entities have on the environment and society. Achieving the goal of reducing emissions by at least 55% by 2030 in Romania is essential to minimize the direct social impact on citizens. Air pollution is one of the most serious environmental problems we face at the beginning of the third millennium. Environmental factors such as heat waves exacerbated by air pollution and climate change account for about 13% of all deaths in Europe. As a result, air pollution is the biggest health risk in Europe, causing more than 630,000 premature deaths each year. Long-term exposure to pollutants can cause diabetes, lung disease and cancer, and early evidence suggests that air pollution may be associated with increased mortality in patients with Covid-19. "Covid-19 is another wake-up call that requires a clear understanding of the relationship between our ecosystem, the economy and the health of all mankind".Reducing pollution to zero will help the EU to further separate prosperity from harmful levels of pollution, while increasing the EU's resilience and strategic autonomy. It will also be able to support a sustainable recovery after Covid-19, for example in the following ways: promoting adequate and timely information on the economic and health benefits of anti-pollution measures. Pollution disproportionately affects the most vulnerable people, so we try to further develop commercial practices that reduce pollution, create jobs and reduce social inequalities. In this regard, we set out to highlight in the content of this scientific approach the most important compatible practices, policies and actions to reduce pollution to zero. A coherent model for reporting information on environmental protection behavior and the possibility of using accounting information in making decisions that promote environmental protection. Another aspect that we set out to develop is the need for investments, new products and research and development activities, without which we cannot perform. [ABSTRACT FROM AUTHOR]