Romania 2002

Forthcoming Journal of Development Studies 2002 HAVE LOWER REAL WAGES HELPED INDUSTRIAL RESTRUCTURING IN ROMANIA?

A reduction in real wages arising from price liberalisation has been a standard feature of economies undergoing industrial restructuring. In this paper, the impact of real wages on industrial performance is examined using a panel dataset of Romanian industries from 1990 to 1996. Using both static and dynamic panel estimation, real wages are found not to be negatively associated with either outp...

SecureComparison-Romania

We propose an efficient protocol for secure comparison of integers when both integers are shared between two parties. Such protocols are useful for implementing secure auctions. The proposed protocol’s computational complexity is roughly half the complexity of the best known efficient protocol. The efficiency of the proposed protocol stems from the removal of the XOR computation which is a time...

Pseudo-modern Romania

The study is devoted to the value profile of contemporary Romanian society. It supports the thesis of “Pseudo-modern Romania”, not so much in the sense of a society with artificial modernity, but rather a heterogeneous society, with traditional, modern and postmodern segments. “Pseudo-modernity” is identified especially in the hesitation between participation and non-participation to public int...

PayPal in Romania

The present paper refers to the usefulness of online payment through PayPal and to the development of this payment manner in Romania. PayPal is an example of a payment intermediary service that facilitates worldwide e-commerce.

Letter from Romania.