The Romanian Economic and Business Review
“The Magazine of the Year”: “The Romanian Economic and Business Review”, a real forum for analysis of the economic phenomena and institutions affecting the world economy in general, and Romania, in particular, a refereed journal published by the Romanian-American University. We think people should check out this journal having an international board of editors and publishing foreign and romanian authored articles.
It is refreshing to see that such a new romanian academic journal exists on the market. Romanian Economic and Business Review is concerned with both the broad issues of globalization and economic integration and specific problems of interest for romanian economy. The first no. is available at http://www.rau.ro/mydocuments/rebe/rebe-1-prt.pdf and, contains scholarly articles on issues like globalization, European Union and economic policy. The papers on the “spread of flat tax theology in Romania” (written by Anthony Evans), the uncertain future of EU (authored by Florin Bonciu) and the critique of cluster-based industrial policy (Bogdan Glavan) are particularly impressive.
The second no. brings together stimulating contributions from various authors, among which we mention a challenging perspective on the future of the international monetary order and an insightful article on welfare economics in the monopoly theory.
If it continues with such high quality articles, REBE will soon become recognized as one of the leading romanian journals in the field of economics. Look at this third no. too, check out and let’s the buzz start!
Statement of Purpose
The Romanian Economic and Business Review is the first peer-reviewed Romanian journal in the field of economics and business. This journal intends to provide a forum for academic analysis of the economic phenomena and institutions affecting the world economy in general, and Romania, in particular. REBE examines a wide variety of phenomena related to economic growth and business development and attempts to publish high quality research focusing on the role of institutions and public policy, within both a national and international context. REBE encourages cross-disciplinary research work of Romanian and foreign scholars.
Author Information
The ROMANIAN ECONOMIC AND BUSINESS REVIEW (REBE) is a refereed journal published four times annually by the Romanian-American University. The editors invite submissions of articles that deal with important issues in economy and business. Papers that focus on specific phenomena and events affecting Romanian economy are particularly encouraged. Because REBE seeks a broad audience, papers should be comprehensible beyond narrow disciplinary bounds.
Manuscripts should not exceed 8,000 words and must conform to the REBE’s style requirements, which are guided by The Chicago Manual of Style (14th edition). All submissions must include a cover sheet explaining the scope of the article, and including the authors’ names and affiliations, telephone and e-mail address. The text should be single-spaced. References are cited with parentheses using the author/date/page style. Example: (Marcus, 2005, p. 74). Authors should use footnotes, not endnotes to add only short comments. Bibliography should include only references cited in the text, in the alphabetical order of authors. An abstract of no more than 200 words should be included.
Submission of a paper implies that the paper will not be submitted for publication to another journal unless rejected by the REBE editor or withdrawn by the author, and that it is an original work. All submissions should be sent to the journal Editor:
Dr. Bogdan Glavan
Romanian-American University
Bulevardul Expozitiei nr. 1
Bucuresti
Telephone: 0723 177 820
E-mail: rebe@rau.ro
Subscription rates:
Institutions – $100/year
Individuals – $30/year
ISSN 1842-2497
© 2006 Romanian American University
No part of this journal may be reproduced, stored in a retrieval system, transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without the prior written permission of the publisher. The opinions expressed in the articles are not necessarily those of the Editor or the publisher.
AUTUMN 2006
VOLUME 1
NUMBER 3
ROMANIAN ECONOMIC AND BUSINESS REVIEW
AUTUMN 2006
VOLUME 1
NUMBER 3
Editor:
BOGDAN GLAVAN
Associate Editors:
ADRIANA POPESCU
LUCIAN BOTEA
SORINA COSTACHE
COSMIN NEGRICEA
Editorial Board:
FLORIN BONCIU
Romanian American University
ANTHONY EVANS
European Business School
ANDRAS INOTAI
Institute of World Economy, Hungary Academy of Science
CONSTANTIN FLORICEL
Romanian American University
GEORGE IONESCU
Romanian-American University
NIKOLAY GERTCHEV
University of Paris
MARCEL MOLDOVEANU
Institute of World Economy, Romanian Academy of Sciences
ALEX SHARLAND
Barry University
ION POHOATA
Alexandru Ioan Cuza University
THEODOR PURCAREA
Romanian American University
NICOLAE IDU
European Institute of Romania
OVIDIU FOLCUT
Romanian American University
PUBLISHED BY THE SCIENTIFIC RESEARCH DEPARTMENT OF THE ROMANIAN-AMERICAN UNIVERSITY
ROMANIAN ECONOMIC AND BUSINESS REVIEW
CONTENTS
EDITORIAL
FLORIN BONCIU
January 1st, 2007: Romania’s accession into a changing European Union
ARTICLES
BOGDAN GLĂVAN
Is There A Vision Behind Banking Supervision?
VICTOR MUNTEANU
INTERNAL AUDIT – AN ESSENTIAL ELEMENT FOR THE SUCCESS OF A COMPANY
LUCIAN-LIVIU ALBU
Trends in inflation-unemployment relationship before and after accession to EU
RADU MUŞETESCU
International labor migration: Between human rights and political objectives
ANTHONY J. EVANS
ARE ECONOMIC IDEAS A SUSTAINABLE COMMONS?
A STUDY OF THE EXCHANGE OF CREATIVE ECONOMICS
THEODOR PURCĂREA
A marketing reality and its implications
SORICA SAVA
The Opening – Dependence on the European Union and Globalization
MARIUS-DAN DALOTĂ
PRODUCT INNOVATION APPROACH IN SUCCESSFUL MANUFACTURING ORGANISATIONS
MIHAI SEBEA
Euro zone Eastern Enlargement and ECB’s Voting Mechanism Reform
ALEXANDRU IONESCU
THE IMPACT OF STN ON DEVELOPING MARKETS IN RELATION WITH GLOBALIZATION
IONUŢ COSMIN LUNGU
ANDREEA PAULA DUMITRU
Cumulative effect of a change in accounting principle:
Remove it from the Income Statement
FALL 2006
VOLUME 1
NUMBER 3