“NICOLAE BĂLCESCU” LAND FORCES ACADEMY TTHHEE KKNNOOWWLLEEDDGGEE--BBAASSEEDD OORRGGAANNIIZZAATTIIOONN THE 14TH INTERNATIONAL CONFERENCE ECONOMIC SCIENCES CONFERENCE PROCEEDINGS 5 27-29 NOVEMBER 2008 “NICOLAE BĂLCESCU” LAND FORCES ACADEMY PUBLISHING HOUSE SIBIU, 2008 Scientific advisors: Prof. Balteş Nicolae, PhD Assoc.Prof. Stanciu Leontin, PhD Assoc.Prof. Golea Pompiliu, PhD Asst.Prof. Merce Eugeniu, PhD Copyright: out of charge, all reproductions are authorized provided that specific references are made. “Nicolae Bălcescu” Land Forces Academy Address: 3-5 Revoluţiei Street, Sibiu Tel.: 0269/432990, Fax: 0269/215554 E-mail:
[email protected] E-mail:
[email protected] web: www.armyacademy.ro web: www.armyacademy.ro/editura The authors take full responsibility of the content of their articles. ISSN 1843 – 6722 ECONOMIC SCIENCES TABLE OF CONTENTS The Competitive Advantages of the Transports’ Intermodality in a Global Economy, Hăulică Dan, “Mircea cel Bătrân” Naval Academy, Constanţa……9 Consideration regarding the Management of Risk Insurance according to International Financial Reporting Standard 4 (IFRS 4) – Insurance Contract, Prof. Bostan Ionel, PhD, TA Grosu Veronica, “Ştefan cel Mare” University, Suceava………………………………………………………………………………….…18 Bankruptcy Risk Analysis through Financial Management, Prof. Hlaciuc Elena, PhD, TA Socoliuc Marian, ”Ştefan cel Mare” University, Suceava, Prof. Mates Dorel, PhD, West University of Timişoara……………………….…27 Competitiveness Euro Barometer of E.U. Countries, Prof. Mates Dorel, PhD, West University of Timişoara, Prof. Hlaciuc Elena, PhD, TA Socoliuc Marian, “Ştefan cel Mare” University, Suceava………………………………..…36 Wind Power – An Alternative for the Increasing European Current Energy Needs, Assoc.Prof. Ilie Georgeta, PhD, “Dimitrie Cantemir” Christian University, Bucharest…………………………………………………………………..45 The Tourism Development and the Climate Change, Assoc.Prof. Nicula Virgil, PhD, “Lucian Blaga” University, Sibiu………………………………….…54 The Exchange Rates Volatility in Romania after the EU Adhesion, Assoc.Prof.