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Mini Track Chair:
On the free market, everyone earns according to his productive value in satisfying consumer desires. Under statist distribution, everyone earns in proportion to the amount he can plunder from the producers.” – Murray N. Rothbard
Capital is the most important production factor. Without the existence of capital, other resources such as labour or raw materials are difficult to be mixed in a complex endeavour that is business. The creation of genuine capital is directly connected to the saving behaviour, the opposite of consumption. Capital is directly connected to the time preference of individuals and it has a specific cost – interest rate, a fundamental price of economic system. International capital plays a very important role for emerging markets, facing with a limited capacity to save and limited opportunities to invest such savings. Romania today, as the most countries from this region, has clear difficulties to be strongly and directly connected to international financial markets, with negative influence on the economic growth and development.The Society for Business Excellence jointly with The UNESCO Department for Business Administration, encourage participants as academic researchers, practitioners from the business sector, PhD students, people working in public administration (central bank, controlling authorities) and in the non-governmental sector, etc. to submit papers on the topic of international business finance.
The main topics covered by the hereby call for papers are related to:
Ionut Dumitru
is Professor of Finance at the Faculty of Finance, Insurance, Banking and Stock Exchange, Department of Money and Banking, within the Bucharest University of Economic Studies. He is former chairman of the Fiscal Council of Romania and he is currently Chief-Economist at Raiffeisen Bank Romania.
Mr. Dumitru graduated the Faculty of Finance, Insurance, Banking and Stock Exchange, has a master degree in “Financial and Monetary Policies and Strategies” within the Doctoral School of Finance and Banking (DOFIN) and obtained his PhD degree in Finance at the Bucharest University of Economic Studies. He attended various training courses in macroeconomics and financial markets held by professors from DOFIN partner universities – Reading and ISMA Centre (UK), Erasmus (Netherlands), MIT, Columbia and New York University (US), as well as a several training programs on management and financial markets.
Carmen DOROBĂŢ
is a PhD economist and Senior Lecturer in strategic management at Manchester Metropolitan University. Her areas of interest include strategic management and entrepreneurship, the history of economic though and monetary and trade theory and policy. She have worked with higher education institutions and think tanks in the United Kingdom, United States of America, and Eastern Europe.
