Socol Gabriela - Academia.edu (original) (raw)
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Papers by Socol Gabriela
ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH
Expansion of digitalization creates the opportunity to transform production technologies and enab... more Expansion of digitalization creates the opportunity to transform production technologies and enables technological integration of the supply chain, according to the fourth industrial revolution (Industry 4.0). These technologies aim at creating smart manufacturing, where the production system is capable of automatically reconfiguring itself, based on the integration of hardware, software, and connectivity technologies. The technological transition process is influenced not only by certain digital prerequisites, but also by the ability of the human resource to acquire new digital skills. The study aims to estimate patterns both for the adoption of new technologies in European manufacturing companies, and for the human resource readiness for new technological challenges. Following the principal component analysis method, we estimated a further widening of development gaps between leading and laggard countries (including Romania) in technology. The less developed countries have the chance to skip certain stages of the transition towards Industry 4.0, as a result of promoting smart policies to harness their potential for digitalization.
Euroization is defined as the adoption of the Euro currency by the authorities from a country out... more Euroization is defined as the adoption of the Euro currency by the authorities from a country outside the Euro area, as a legal currency and as an official currency, and this means that the country chooses to give up its national currency and that the national bank gives up using the monetary policy as an instrument of the economic policy. The objective of this study is to adjust the extent of meanings of the Euroization concept for Romania and to explain it under the terms of the optimum currency areas theory. Thus, an economy characterized by a high Euroization will be more ready to give up its national currency in the future, as that economy has passed the test of using the currency it wants to adopt. This study makes an analysis for the causes of Euroization, based on the economic literature and we have examined the forms of occurrence of Euroization in the Romanian economy, insisting upon the aspects related to the preferences of the economic agents for crediting and saving in ...
ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH
Expansion of digitalization creates the opportunity to transform production technologies and enab... more Expansion of digitalization creates the opportunity to transform production technologies and enables technological integration of the supply chain, according to the fourth industrial revolution (Industry 4.0). These technologies aim at creating smart manufacturing, where the production system is capable of automatically reconfiguring itself, based on the integration of hardware, software, and connectivity technologies. The technological transition process is influenced not only by certain digital prerequisites, but also by the ability of the human resource to acquire new digital skills. The study aims to estimate patterns both for the adoption of new technologies in European manufacturing companies, and for the human resource readiness for new technological challenges. Following the principal component analysis method, we estimated a further widening of development gaps between leading and laggard countries (including Romania) in technology. The less developed countries have the chance to skip certain stages of the transition towards Industry 4.0, as a result of promoting smart policies to harness their potential for digitalization.
Euroization is defined as the adoption of the Euro currency by the authorities from a country out... more Euroization is defined as the adoption of the Euro currency by the authorities from a country outside the Euro area, as a legal currency and as an official currency, and this means that the country chooses to give up its national currency and that the national bank gives up using the monetary policy as an instrument of the economic policy. The objective of this study is to adjust the extent of meanings of the Euroization concept for Romania and to explain it under the terms of the optimum currency areas theory. Thus, an economy characterized by a high Euroization will be more ready to give up its national currency in the future, as that economy has passed the test of using the currency it wants to adopt. This study makes an analysis for the causes of Euroization, based on the economic literature and we have examined the forms of occurrence of Euroization in the Romanian economy, insisting upon the aspects related to the preferences of the economic agents for crediting and saving in ...