Economica

8

Authors: Natalia STEFIRTA

Global financial and economic crisis has made it necessary to keep pace with the mainstreaming of economic policies and financial sector regulation. Crisis has shown that the targeted inflation and micro-prudential banking sector can be poorly effective in countering risky and systemic risk implementations. The risk of systemic risk is determined by macro-prudential norms, which regulate the system's risk in dynamics (contingency norms), and that the probability of the risky problem of the institutional problem of the banking system/ financial system is likely. Where monetary policies are concerned, options may be included in a set of targeted central bank assets or the pace of lending.

8

Authors: Ilinca GOROBEŢ

At the current stage, with the development and introduction of Fintech on scale, it is difficult to predict the configuration of the banking industry over a not too distant time horizon. Thus, it is imperative the research of the banking industry, which is continuously dynamic and dependent on three coordinates: IT technologies, regulations and the collaborative or shared economy. Thus, as a pillar of research will serve the vulnerabilities of today's banking industry and the need to adapt to the ever-changing economy. Analysis, induction and deduction will be used as research methods. As a result of the research, we analyse some scenarios based on which we could assess the banking industry in the coming years.

9

Authors: Valentin POPA

STATISTICAL SURVEY “UNICA” can be defined as a cumulative statistical work gathered under a single umbrella called UNICA, hence the name for “unique” research that assimilates the following works: IND TS – Short-term statistical indicators in industry; CON TS – Indicates shortterm statistics in construction; SERV TS – Indicates short-term statistics in services; S1/INV – Indicates short-term statistics from other activities. Each questionnaire tracks the turnover of industry, commerce and services, new orders in industry and construction, industrial physical production, value of construction works, number of employees, earnings and value of investments made.For the purpose desired in the present article, I have chosen to present the data processed, anonymised, aggregated from micro-data into synthetic data and metadata, the investigation “IND TS – Indicators for short-term statistics in industry” being defined for the period chosen for both SMEs with system for innovation, development and for those who have a traditional system.

11

Authors: Ludmila POPA, Angela SECRIERU

Internal audit of the public sector has established its position and role in the public finance management system of the Republic of Moldova. The managers of public institutions and authorities are increasingly aware of the importance and added value of establishing an effective internal audit function in their entities. This publication aims to analyze the issue of sizing the internal audit structures, taking into account the implementation of quality assurance tools recommended by international standards and good practices in the field. Internal audit activity, like any other activity within an entity, needs proper resources to support its performance in order to achieve the objectives for which this activity has been created. For this purpose, a general analysis of the criteria for estimating the resource for internal audit subdivisions will be taken into account.

12

Authors: Nicolae PLATON, Tatiana JURAVELI

Interest in tourism business has grown steadily throughout the world, and also in the Republic of Moldova, especially in the last period when the country's population has obtained the freedom to travel as a result of the liberalization of the visa regime with the countries of the European Union. Once this regime was obtained, the tourism business environment was conditioned to diversify its tourism offers by increasing the tourism destination portfolio. But in order to expand the range of tourism destinations, there is a need for international cooperation with various suppliers of tourism services and products, especially with various tour operators. Under these circumstances, international cooperation becomes an essential element of the development strategies of the tourism enterprises, while through their achievement, there is aimed at the better utilization of the possibilities of commercial expansion.

18

Authors: Elena LOMACA, Nicoleta BARBUTA-MISU

The paper aims to present the real estate sector in Romania and Portugal with the trends of evolution and its importance in the economy of the two countries. The analysis is focused on the following indicators: the construction volume index, the construction cost index, the number of enterprises, the number of persons employed, the turnover, the weight in the Gross Domestic Product, etc. The analysis of the indicators shows a downward trend until 2012- 2013, followed by a growth trend, but without reaching the level of turnover in the year 2008 in Portugal. In contrast, turnover in Romania declined until 2012, but then gradually increased, reaching in the year 2015 the value of 2008, and in 2017 there was an increase of 13.11% compared to the maximum level of the year 2008.