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In the context of stimulating personal development, an individual approach to each individual is very important. Considering this approach with respect to modern academic education, it is worth implementing a master-student tradition, lost today with the massification of education. Based on the literature analysis, the following two approaches can be indicated to build personal knowledge. The western strategy focuses on the development and transfer of explicit knowledge, built in a created system of knowledge mana...

Relationships between principal and teachers in the school require communication skills through partnership and collaboration. The quality of this cooperation is very important, which consists in the increasing involvement and creativity of teachers. In order for the potential inherent in the teachers to be fully utilized, a person who will manage them properly is necessary - manager, supervisor, less often referred to as a leader. The role of the leader is to motivate attitudes aimed at achieving goals and to hel...

The subject of this paper is an analysis and evaluation of budgetary policy and the state of public finances in Scandinavian countries of the European Union (Denmark, Finland and Sweden) in 2000-2018. The adopted basis of assessment is budget deficit and public debt ratios to the GDP. The statistical data was drown from the AMECO and IMF databases. Comparison of the situation of the public finances in the analysed countries to the average situation in the euro area is an important aspect of the evaluation. The goa...

Under the conditions of Austro-Hungarian legal regulation, cooperatives had been based on associations which had developed from societies and therefore underwent specific legal regulation that differed from that regarding trading companies. In countries following the continental law based on the Roman law, cooperatives as legal entities have been regulated separately from trading companies. This division has been taken over by the Slovak commercial law as well. However, the Commercial Code as lex generalis of comm...

The goal of the paper is to evaluate the effects of budget policy aimed at improving the condition of public finances in selected countries of the euro area. Author focuses on countries that prior to the crisis had budget surpluses and low public debt (Ireland and Spain) but also on France and Germany that fulfilled treaty criterion on budget deficit and were close to fulfilling the public debt criterion. Aftermath of the 2008-2009 crisis in the case of public finances of the analyzed countries were varied in term...

The subject of this paper is an analysis and evaluation of the consequences of the financial and economic crisis in 2008-2009 for the public finances in the euro area members which in 1998 (during the qualification to the common currency area) had not fulfilled the treaty criterion of public debt. Their debt ratio to GDP was close to or surpassed 100%. This pertained to: Belgium, Greece and Italy. The research also covers Portugal as after the introduction of the euro and since the recession of 2001-2003 the count...

The subject of the paper is an analysis of the situation in public finances in Poland and Slovakia in 2000-2018. The authors formulated three research questions: 1) What was the budgetary situation and the level of public debt in both countries in the pre-accession period, in particular in the years of economic slowdown 2001-2003; 2) What were the results of public finance consolidation after the EU accession, in the period of economic prosperity 2004-2007; 3) What was the scale of the deterioration in public fina...

The change of the social establishment in 1989 paved the way for the large groups of population to the entrepreneurship. The economic theory considers the entrepreneurship to be the basic tool for the economic development of every state. However, the main issue for every beginning entrepreneur is the choice of convenient legal form of entrepreneurship. General commercial partnership and limited partnership representing the types of personal trading companies have their origin in German and Austrian commercial law....

Many years of mainly European experiences in economic integration offer a vast empirical background revealing a closer link between benefits and achieved stages of integration. The largest benefits of market integration stem from: size of the internal market of the integrating area and the scale of production, increased competition, liberalization of merchandise and service trade as well as factors of production flows, fragmentation of technological processes and specialization, but also competition law and policy...