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articolul, publicat in revista energetica in anul 1999, arata ca de fapt factorul determinant al liberalizarii pietei de energie electrica este noua tehnologie.
the paper, published in energetica magazine in the year 1999, shows that, as a matter of fact, the new technology was the key determinant of electricity deregulation.

se prea poate ca dupa "euforia liberalizarii", care a avut un loc atat de important pe agenda guvernelor, sa urmeze o noua etapa.
it may be that after the "deregulation euphoria" which featured so highly on the agenda of governments, a new phase is about to set in.

principalele cerinte preliminare in vederea liberalizarii tranzactiilor de capital se refera la existenta unui cadru macroeconomic solid care sa favorizeze cresterea economica, eliminarea dezechilibrelor structurale majore si existenta unui cadru financiar operational si regulator bine testat.
basic prerequisites for full liberalisation of capital transactions are the existence of a solid growth-supporting macroeconomic framework, the elimination of major structural imbalances and a healthy and well-tested operational and regulatory framework for the financial system.

scandaluri recente in lumea corporatiilor a pus sub semnul intrebarii daca este inteleapta oportunitatea liberalizarii excesiva, care si-a facut prezenta in industria bancara si pe piata energiei la sfarsitul anilor '90.
recent scandals in the corporate world call into question the wisdom of the wide deregulation that occurred in the banking industry and in energy markets in the late 90s.

in mod discutabil, guvernantii ar trebui sa fie prudenti si sa reexamineze, in termeni practici, programul de liberalizare a contului de capital avand in vedere favorizarea fluxurilor financiare pe termen lung fata de fluxurile pe termen scurt (liberalizarea fluxurilor pe termen scurt ar trebui sa fie insotita de masuri de prudentialitate pe masura); necesitatea discriminarii eficiente in favoarea influxurilor de capital si in detrimentul refluxurilor e capital; necesitatea evitarii unei liberalizari nediferentiate si complete a contului de capital.
arguably, policy-makers would be well advised to re-examine, in practical terms, the current kal program by considering the need to make an effective preference for long term flows against short term flows (the liberalisation of short term flows should be accompanied by adequate prudential measures); the need to make an effective preference for capital inflows against capital outflows; and the need to avoid an undifferentiated and complete liberalisation of capital inflows.