The economic, social transformations of the last three decades of evolution of rural development both in Romania and in general in rural areas in the context of globalization have radically changed the vision, thinking and attitude of the rural population. As a result, it has led to a massive migration of population to other developed countries. This phenomenon is also characteristic for Romania. At the same time, the technological development has a massive impact on the process of organizing the society and the evolution of the society, both the evolution of biotechnologies, nanotechnologies, branches in the field of chemistry, biochemistry and digitization, which have impact on the development or underdevelopment of the areas in poverty and underdevelopment. economic, but at the same time they will be able to make an essential contribution to the local rural development and to the creation of new job opportunities for both young people and specialists from different branches, as well as for vulnerable groups of population from the rural area. In this article we aim to address these issues and come up with certain solutions and proposals. Keywords: Sustainable local development, rural areas, technological development, digitization
Research background: Research background is written after the literature review. For example, Pham Q et al. (2020), emphasizes the effects of corporate governance, which is in a continuous development in the context of globalization. On the other hand, there is an obvious link between the banking activity, which is intended to be as efficient and governing as possible, which is also highlighted in the work of Arora A (2018). The impact of corporate governance on banking performance is also presented. Carrying out banking activity in compliance with the principles of corporate governance, leads to shaping an efficient and conducive environment for both employees and the company itself. At the same time, the application of the concept aims at the overall management of the entities, which allows the common functioning of the internal components and the performance of internal control. Purpose of the article: This paper aims to present the most important theoretical and practical aspects of the importance of corporate governance in banking performance. Corporate governance is currently receiving special attention, an argument being the numerous studies conducted and the growing interest that companies have in this concept Methods: This paper starts from the hypothesis of the influence of globalization on corporate governance and banking performance. The article was based on the study of the literature and the identification of recent data on certain banking indicators. At the same time, values of banking dynamics at the level of the period 2016-2019 were analyzed and calculated. Last but not least, the method of comparison regarding the financial performances at the banking level and the profitability rate was used. Findings & Value added: Following these researches, it was found the link between globalization and the magnitude that corporate governance currently has, in close connection with banking performance, determines the corporate variety of activity worldwide or regionally. The main results were disseminated through the article and it adds value through the analysis created at global and regional level (at European level) and the interpretation of statistical data related to banking.
Research background: Technological changes are one of the reasons for the resizing of jobs. Demographic change is affecting the labour market, both locally and regionally. Thus, together with technological changes, they lead to changes in the level of education of graduates. The process is accentuated by globalization. There are changes in the labour market that require people with higher skills. Purpose of the article: For Romania, the analysis of the level of education of graduates at regional level, depending on the county, is presented in this article. In the paper, depending on the level of education, the evolution at county level of the number of graduates is presented. At the same time, the evolution of the total number of graduates for the levels of primary-secondary, vocational, high school, post-high school education, respectively for the level of university education, is analyzed. Methods: Thus, following the analysis, it is observed that, at national level, the number of graduates decreased. Also, for certain levels of education and only for some counties, the number of graduates has increased. Findings & Value added: The radiography performed is important for the regional needs’ analysis of the labour market. Thus, following the analysis, it was found that most graduates of tertiary education are from university centers: Bucharest, Cluj, Iași, Timiș. Graduates with a high level of knowledges, skills, and competencies have higher opportunities and abilities to identify and occupy a job.
COVID-19 was responsible for a global health crisis beginning in early 2020 that saw telecommuting become commonplace regardless of the size of the firm, the sector or country. It’s possible that even before pandemics, there were some differences in the practice of telecommuting among countries and sectors. These differences were impacted by factors such as the cultural context and labor policies at governmental and corporate levels. Telecommuting in the EU had only reached 5.4% in 2019 before the Covid-19 outbreak, making it a relatively new trend when compared to the technological potential it offers. 40 percent of EU workers are expected to telecommute in 2020, in the early stages of the outbreak, according to estimates. This research uses the theory of socio-technical transitions (MLP) to examine how and why telecommuting suddenly became the norm among managers and workers from a variety of different industries. At landscape level, an opening was provided by the Covid-19 epidemic that allowed telecommuting to break over the niche-regime barrier.
Economic and social operators have always played a special role in the economic and social life of any country, being the basis of economic development. Dynamism, flexibility, adaptability, innovative potential are some of the characteristics that economic and social operators have and are considered important for the development of the economy of any state. They have played over time an important role in the development of the economy, by creating jobs, increasing competition and innovation, contributing to the dynamism and unity of the market. The positive effects generated by them are multiple, the most important are the improvement of the competitive environment, the creation of opportunities for development and adaptation to new technologies, the occupation of market niches that are not profitable for large companies. Economic and social operators have always been the main actor in the economic and social life of any nation, being the necessary basis for the development of the economy. The dynamic and flexible character, the adaptability, the innovative capacity represent some of the elements that they have and that are considered important for the harmonious progress of the economy of any state.The paper analyzes the importance of the development of companies in any market economy, the possible effects of the increase / decrease of this population on the economy of the respective countries, differences between the analyzed countries and presents the role of SMEs in the local economy.
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