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244 Schmidt, M.C.; Andrioni, F. REFERENCES: [1]. Codin, M. (1990) Şomajul în Europa – dimensiuni şi soluţii, în Revista Calitatea vieţii, nr.1/1990 [2]. Fodor, D., Baican, G. (2001) Impactul industriei miniere asupra mediului, Editura Infomin, Deva [3]. Chelcea, S. (2007) Metodologia cercetării sociologice. Metode cantitative şi calitative, Editura Economică, Bucureşti [4]. Cojocaru, M. (2003) Asistenţa şi protecţia socială la nivelul pieţei muncii în România, în Neamţu, G. (coord.), Tratat de Asistenţă Socială, Editura Polirom, Iaşi [5]. Dobrotă, N. (1997) Economie Politică – O tratare unitară a problemelor vitale ale oamenilor, Editura Economică, Bucureşti [6]. Paşa, F., Paşa, L.M. (2004) Asistenţa socială în România, Editura Polirom, Iaşi [7]. Preda, D. (2002) Politica socială românească între sărăcie şi globalizare, Editura Polirom, Iaşi [8]. Stegăroiu, D. (1993) Şomajul, prezent şi perspective, Universitatea „Babeş– Bolyai”, Cluj–Napoca [9]. Zamfir, C., Vlăsceanu, L., coord. (1993) Dicţionar de sociologie urmat de indicatori demografici, economici, sociali şi sociologici, Editura Babel, Bucureşti [10]. Legea minelor 61/1998 [11]. Ordonanța de Guvern nr. 116/2010 [12]. Program de reorganizare și restructurare a Companiei Naționale a Huilei – S.A. pe anul 2011 – Proiect [13]. Strategia de dezvoltare durabilă a microregiunii Valea Jiului [14]. http://www.cnh.ro/descrierecomunicate.aspxid=95 [15]. http://www.ajofmhd.ro/
Annals of the University of Petroşani, Economics, 11(1), 2011, 245-252 245 SOVEREIGN RISK ASSESSMENT UNDER ECONOMIC CRISIS CONDITIONS GABRIELA CORINA SLUSARIUC, ILIE RĂSCOLEAN, ANCA JARMILA GUŢĂ * ABSTRACT: Due to the amplification of globalization phenomenon, the risks to which international activities are exposed have become much more diversified and complex. A special status among international risks is the country risk. A foreign investor will never invest in some country without performing and analysing an evaluation report of that country. So, we can conclude that these reports are like a visiting card of assessed countries. Therefore, within this context of global economy evolution it is imperative to know the sovereign risk of every state. KEY WORDS: sovereign risk; economic crisis; economic factors; political factors; development; globalization. JEL CLASSIFICATION: G01; G24. Due to the amplification of globalization phenomenon, the risks to which international activities are exposed have become much more diversified and complex. A special status among international risks is the country risk. In a wider meaning, the country risk express the probability of financial losses in international affairs, losses generated by macroeconomic, social and political events in the assessed country (Costică & Lăzărescu, 2004) The aim of risk evaluation is pointing out the difficulties that can emerge in respect of paying by analysed country the obligations that come from external debt and also from other obligations. The result of country risk evaluation is the main indicator that decides if that country is favourable to business implementation. As a rule, a foreign investor will never invest in some country without performing and analysing an evaluation report of that country. So, these reports are like * Lecturer, Ph.D., University of Petroşani, Romania, ellas7275@yahoo.com Assoc.Prof., Ph.D., University of Petroşani, Romania, ilierascolean@yahoo.com Lecturer, Ph.D., University of Petroşani, Romania, gancajarmila@yahoo.com
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Internal Controls in Ensuring Good
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