Economy and Sociology: Theoretical and Scientifical Journal

16-34

Authors: Alexandru GRIBINCEA, PhD, Professor, ULIM. Kaya SASIH, Manager, Turcia. Sedat Hasan KARACAOGLO, Manager, Turcia.

Turkey has made in the last 4 decades a remarkable growth in economy. The energy industry is represented mainly by the coal industry (especially lignite and coal), located in northwest Anatolia. The electricity is produced in the hydro and thermal power plants. Turkey has the world's 17th largest nominal GDP, and 15th largest GDP by PPP. The country is a founding member of the OECD (1961) and the G-20 major economies (1999). Since December 31, 1995, Turkey is also a part of the EU Customs Union. While many economies have been unable to recover from the recent global financial recession, the Turkish economy expanded by 9.2% in 2010, and 8.5 percent in 2011, thus standing out as the fastest growing economy in Europe, and one of the fastest growing economies in the world. Hence, Turkey has been meeting the “60 percent EU Maastricht criteria” for public debt stock since 2004. Similarly, from 2002 to 2011, the budget deficit decreased from more than 10 percent to less than 3 percent, which is one of the EU Maastricht criteria for the budget balance. As of 2012, the main trading partners of Turkey are Germany, Russia and Iran. Turkey has taken advantage of a customs union with the European Union, signed in 1995, to increase industrial production for exports, while benefiting from EU – origin foreign investment into the country. Turkey is also a source of foreign direct invest-ment in central and eastern Europe and the CIS, with more than $1.5 billion invested. 32% has been invested in Russia, primarily in the natural resources and construction sector, and 46% in Turkey’s Black Sea neighbours, Bulgaria and Romania. Turkish companies also have sizable FDI stocks in Poland, at about $100 million. The construction and contracting companies have been significant players, such as Enka, Tekfen, Gama, and Üçgen İnşaat, as well as the three industrial groups, Anadolu Efes Group, ŞişeCam Group and Vestel Group. The exports reached $115.3 billion in 2007, but imports rose to $162.1 billion, mostly due to the rising demand for energy resources like natural gas and crude oil. Turkey targets exports of $200 billion in 2013, and a total trade of at least $450 billion. There has been a considerable shift in exports in the last two decades. The share of natural gas decreased from 74% in 1980 to 30% in 1990 and 12% in 2005. The share of mid and high technology products has increased from 5%, in 1980, to 14%, in 1990, and 43%, in 2005.

47-52

Authors: Namig SHALBUZOV, PhD, Azerbaijan İnstitute of Economics and Organization of Agriculture, Head of Department Ramil HUSEYN, PhD, Azerbaijan İnstitute of Economics and Organization of Agriculture, Deputy Head of Department

Scarce information on production costs and farms profitability, in line with the lack of adequate institutional arrangements between the institutions collecting, processing and analyzing information are serious obstacles to the preparation of relevant analyses. The establishment of FDMS will address these problems and allow to collect, process and analyze information on small and medium farms level, which produce more than 90 percent of agricultural products in Azerbaijan Republic. Establishment process of FDMS is analysed and recommendations for improvement are put forward in this article. This can also be in interest of Republic of Moldova which has signed the association agreement with EU and is going to enter this organisation in future. Because, establishment of FADN is one of the most important terms obligatory for EU member states.

60-65

Authors: Iulita BIRCA, junior scientific researcher, INCE. Ecaterina NEGRU, PhD Student, USM. Alexandru GRIBINCEA, PhD, Professor, ULIM.

An important condition for achieving a sustainable economic growth and for improving living standards of the population of the Republic of Moldova is the active involvement of the national economy in the international exchange of goods, services, knowledge, technology, etc., and also strengthening its positions on the international market. Therefore, to achieve and maintain competitiveness has become a fundamental economic policies issue in the context of globalization. In the contemporary world, national economic competitiveness is determined by a wide variety of features and important factors. In this article, the authors will focus their attention on the part of science, technology and innovation as being one of the key tools in the modern future of any modern state.

73-77

Authors: Natalia PALII, PhD, Associate Lecturer, Academy of Economic Studies of Moldova

The evaluation of economic efficiency for the innovation project can be performed by determination of monetary flows. For this purpose can be used the indicator of Net Present Value (NPV) of innovation project monetary flows. The NPV indicator allows evaluating the project efficiency adequately taking into account the time-varying of money value. The IRR indicator (Internal Rate of Return) allows determining the project efficiency considering changes in discount rate.

85-89

Authors: Ivan LUCHIAN, Associate Professor, PhD, IIM „IMI-NOVA”

Nowadays, financial globalization as latest stage of financial internationalization process becomes to be the most discussed subject by economic scientists. It has many forms of manifestation and directions of development. One of the main features of financial globalization is increasing the role of the financial sector, linked with the expansion of the scope and complexity of foreign economic relations. In this work are presented modern trends of financial globalization.

95-102

Authors: Natalia TIMBALIUC, PhD Student, Lecturer, ASEM

This paper is trying to put the concept of emotional intelligence in an interdisciplinary context and find similarities between the concept and elements from other theories and models. We decided to list a few basic components of emotional intelligence,, to mention practical research of the emotional skills application in organizations, and also to establish areas of correlation between emotional intelligence and such theories as the Multiple Intelligence Theory, Maslow's Theory, Transactional Analysis, The Johari Window Model etc.

109-115

Authors: Viorica TURCAN, Master in economics, ULIM. Alexandru GRIBINCEA, PhD, Professor, ULIM. Iulita BIRCA, Junior Scientific Researcher, INCE.

The concept of digital economy called "new economy" involves particularly modern transformation of economic activities, which is a consequence of the use of digital technologies. These in turn provide access, processing and storage of information in a way cheaper and easier. The emergence of a new economy is explained by the enhanced promotion of new products and services, the increasing importance of innovation as a phenomenon and means of economic activity and the influence of globalization process. Enormous volume of information is changing the way markets function, making possible corporate restructuring and the emergence of new opportunities for the creation and operation information of different nature.

126-131

Authors: Laurentiu TIBREA, PhD Student, INCE

Permanent optimization of processes for improving the quality of products, with reasonable financial costs, is a constant target for the management of any organization that wants to be well placed in the top of customer preferences. Don’t make exception from these requirements any education units, of all levels. Even if the Romanian preuniversity education system doesn’t benefit, yet, from a wide-ranging autonomy, which would allow the application of several specific managerial tools to a competitive environment, there are enought internal processes in which it can be interfered to improve the results. One such tool, very useful in management, is the application of the benchmarking, a process that helps to identify and use the good practices of some education units that are in a better situation than the one who proposes application of this process.

140-144

Authors: Tatiana ANDREEVA, PhD, IRIM

In this article the specific features of the competition that appear under the influence of globalization and innovative development are analyzed. The conceptions of the competition are generalized, the innovative paradigm of the theory of competition is grounded. The innovative competition is proposed to be defined as institutionally formatted process of competitive interrelation of the actors based on effective realization of competitive advantages and integrated competitive behavior.

157-163

Authors: Vitalie RAPCEA, PhD Candidate, ASEM

On July 18th 2014, the Russian health service, "RosPotrebNadzor" established embargo on Moldavian fresh and canned fruits, vegetables, and meat. In this context, the minister of Agriculture and Alimentary Industry of Moldova, Vasile Bumacov stated in an interview that the losses from this embargo can amount to 150 million lei [7]. Senior officials talk about subsidizing farmers and exporters as a measure that would protect the producers and exporters that are the most affected by the embargo. These measures are seen by the author as the lack of strategic vision. The following study proposes the fruit growing producers a change of the paradigm that can be perpetuated to the level of entire industry and economy as a whole. Consequently, it is recommended that an integrated marketing approach has to be applied for the product mix, sales, delivery and promotion. Only an integrated marketing approach can generate synergistic effect required for local agriculture to carry out a lateral leap that would transform this branch from a burden to an engine of national economic growth.