EUROPEAN UNION AND THE CHALLENGES OF GLOBALIZATION 
              Florin Bonciu  
Abstract 
One may say that  the European Union is a success story: it is growing and in 2004 it 
witnessed the  most significant enlargement in its history up to now – 10 new countries have  become members;two other new countries – Romania  and Bulgaria – are ready to  join the Union. Beyond these positive and  encouraging facts the European Union seems to be confronted with a weakness  with no self-evident cause, with an erosion of its future position the mood of  the European Union is characterized by dualism and the balance seems to be  condemned to instability in the long run. The cause responsible for this  situation is globalization which substantially changes the rules of the game:  in a nutshell, in the globalized context the new technologies enable that  everything can be produced everywhere and everybody can compete with everybody. 
			Keywords:  European Union, globalization, protectionism, enlargement 
			  
			TOWARDS THE  NEW EUROPE: SOME REFLECTIONS ABOUT THE  CONSEQUENCES OF “EASTERN” ENLARGEMENT(S) 
                Andras Inotai 
			  Abstract 
			  For several  reasons, the "Eastern" enlargement of the European Union can be  considered unique. However, the most important factors of this enlargement  process are not just those that have generally been emphasized in the  "old" member countries and that, unfortunately and absolutely  unjustified, in the last period, happened to become part of the populist  arguments put forward not only by smaller status-quo-oriented groups but by "responsible"  politicians of several EU countries alike. This paper tries to identify some of  the strategic changes Europe in general, and the European integration in  particular, has to face not only as a result of the ongoing enlargement process  but, more importantly, as participant and active player in the globalizing  economy. 
			Keywords:  European Union, eastern enlargement, balance of power, globalizing economy 
			THE  ENLARGEMENT OF EUROPEAN UNION AND THE ROMANIAN  CAPITAL MARKET 
                George Ionescu 
			  Abstract 
			  For several reasons,  the "Eastern" enlargement of the European Union can be considered  unique. However, the most important factors of this enlargement process are not  just those that have generally been emphasized in the "old" member  countries and that, unfortunately and absolutely unjustified, in the last  period, happened to become part of the populist arguments put forward not only  by smaller status-quo-oriented groups but by "responsible"  politicians of several EU countries alike. This paper tries to identify some of  the strategic changes Europe in general, and the European integration in  particular, has to face not only as a result of the ongoing enlargement process  but, more importantly, as participant and active player in the globalizing  economy. 
			Keywords:  European Union, eastern enlargement, balance of power, globalizing economy 
			  
			REFLECTIONS ON  EUROPEAN UNION'S OPENING PROCESS TO THE  REGIONAL AND GLOBAL SCALE 
                Marcel Moldoveanu 
			  Abstract 
			  In the context of  deep interdependence between globalization and regionalization, the European  Union is objectively determined to promote an offensive strategy, through 
			  viable ways of  intensification of cooperation with the other geoeconomic and strategic areas  of the world: American (from the North-American Free Trade Agreement to Latin  America), Asia-Pacific, former Soviet, Africa and Middle East In a multipolar  world, that will bring into the first line of international relations new big  actors of regional and universal vocation (China, Rusia, Brasil, India), the  European Union will play an extensive role in participating at the  geostrategic, regional and global equilibrium, through promotion of an „open  diplomacy" that will allow. 
			Keywords:  European Union, world evolution, globalization, regionalization 
			  
			WILL THE  ANTI-GLOBALIZATION MOVEMENT SAVE US FROM THE GLOBALIZATION DEMON? 
                Adriana Popescu  and Sorina Costache 
			  Abstract 
			  Today, anybody is  free to protest against anything they please: politics, fashion, the 
			  latest movie,  education, globalization…. Globalization, a relatively new word in our  vocabulary, a word so new that the first versions of Microsoft Word do not even  recongnise, is a world-wide phenomenon many agree with while some strongly  criticize. 
			  Some of these  protests end up as quite big social issues, like the demonstrations. against  the 6th WTO Ministerial Conference in December of 2005, others in blood-baths  and mass arrests, as many of us witnessed the “Battle of Seattle”. In this  article we aim to underline some of the major aspects of the anti-globalization  movement, a social movement sustained by those who, understanding more or less  this so-called new world-order, have chosen to fight against it. 
			Keywords:  anti-globalization, capitalism, terrorism, commercial boycotts 
			  
			CLUSTERS,  INDUSTRIAL POLICY AND ENTREPRENEURSHIP: A CRITICAL VIEW 
                Bogdan Glăvan 
			  Abstract 
			  In the last  decades, more and more economists have advanced the idea that significant  obstacles impeding economic growth (especially in less developed regions)  consist 
			  in different  market failures, which prevent entrepreneurs from taking the necessary actions  to exploit profit opportunities. This paper intends to provide a refutation of  the idea that coordination failures as manifested in the inability of clusters  to emerge can serve as a ground for government intervention. Porter’s theory of  clusters is shown to be irrelevant and inconsistent on its own terms. 
			Keywords:  clusters, industrial policy, entrepreneurship, coordination 
			  
			THE SPREAD OF  ECONOMIC THEOLOGY: THE FLAT TAX IN ROMANIA 
                Anthony J. Evans 
			  Abstract 
			  This paper is a  case study that traces the spread of the flat tax, and analyzes the conditions  that are necessary for its adoption. Of most concern are the early adopters,  and since by definition there are only a few, empirical cases must be compared  to hypothetical cases. By providing the factual history of the flat tax, with  biographical accounts of key players, a conjectural history can thus be formed  to establish which of the many variables were especially important. I will  argue that faith – an underlying belief somewhat disjointed from certain  knowledge – was essential. 
			Keywords:  economic theology, flat tax, epistemic communities, Romanian economy 
			  
			THE CHALLENGES  OF THE WORLD ECONOMY COHESION FACTOR – THE INTERNET: WORLD REORGANIZATION,  VULNERABILITIES, DISCREPANCIES AND POWER DISCERNMENT 
                Costel Iliuţă  Negricea 
			  Abstract 
			  Times are  changing continuously. The changes are in continues acceleration, and the 
			  way in which we  are able to greet them and to adapt will become an important issue for any  organizational structure. No organizations, economical or not, can afford not  to be 
			  interested for  the challenges of new economy. Internet has achieved a big advance and that,  for this reason, there are implications in any country and any (regional or  global) economic activity. The Internet is the binder of the actual economy, it  is the only process able to transform, invent or reinvent communications of all  entities. The Internet and E-commerce are fundamentally changing all aspects of  the global economy. 
			Keywords: world  economy, internet, vulnerabilities, discrepancies 
			  
			  
			THE ROMANIAN  REFORM OF EDUCATION – MOMENTS OF THE POST-COMMUNIST TRANSITION 
                Olivia Ştefănescu 
			  Abstract 
			  The reform of  education, from Romania,  began from the first moments of the postcommunist transition. It was marked by  three limits: the reactive character, the changes in education being the  consequence and not one of the driving forces of the political, economical or  social reform; the dependence of external financing, especially in investment  that led to the precipitated import of institutions, at doubts and  discontinuities, at incoherence at the level of educational politics;  limitation at formal education, at school and university, ignoring the  important fields of permanent education as the adults education, the education  of the persons with special needs, early education, education of Gipsy  population, etc neglecting the early evolution of the professional field. 
			Keywords: reform  of education, education policy, Bologna  process, superior education 
			  
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