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The existing negative trend in fiscal development and increasing indebtedness of public finances, strengthened by the last crisis, have disrupted the fiscal stability of countries and have required governments´ interventions in the form of fiscal consolidation within their fiscal systems. The success of the fiscal consolidation process is conditioned by many determinants, among which may the fiscal rules be included. The role of fiscal rules is to provide a permanent pressure on fiscal policies with the intention ...

During the last years the tertiary education support is growing mainly due to researches that claim it can foster the development of individuals and so the economy as a whole. This growth is creating a significant pressure on countries’ public budgets, as the main source of support, and the effectiveness of its allocation. This paper deals with the evaluation of public spending on education efficiency, with an emphasis on tertiary education in EU countries. It is devoted mainly on economic aspects of education, em...

Reputation represented by different rating structures and mechanisms help building trust in electronic auction platforms like eBay for several years. Several studies in this field identified core benefits of such mechanisms. Results from them suggest that sellers with higher ratings are usually rewarded by higher purchasing price, than sellers with lower rating level. Reputation mechanisms are not very widely implemented on B2B (business to business) e-markets and/or on e-procurement markets. Therefore benefits id...