THE ROAD TO 2057: ISSUES AHEAD EUROPEAN UNION
Florin Bonciu
Abstract
In March 2007 experts, politicians and general public had a good opportunity to reflect not only upon the achievements of the past 50 years, but also upon the prospects of the next 50 years. If one looks how the idea of “an ever closer union” of 1957 that had among the few clear objectives the establishment of a customs union materialized 50 years later into a 27 member union, with 13 of them enjoying a common currency, common policies and a common market the conclusion is that a 50 years forecast is a risky enterprise. Not only because the entity under study is so large and complex, but also because its environment, the circumstances in the global economy are changing in ways difficult to imagine.
Keywords: European Union, common currency, enlargement, global economy
CAN THE EU BECOME A GLOBAL PLAYER?
Gheorghi Prisacaru
Abstract
The birth of the European Economic Community and the EURATOM represented the materialization of a new and brave idea about the role which the economical integration could play in insuring the peace, stability and prosperity of the people in member states. Nobody can make today abstraction of the presence and the role of the EU: an area of great economic, geographic, demographic and political power. Europe should also act as an important player in finding solutions to major problems such as: terrorism, climacteric changes due to global warming, ensuring energy supplies, diminishing social and economical disparities between and inside states.
Keywords: European Union, international problems, political power, global power
EUROPEAN UNION AFTER 50 YEARS OF EXISTENCE
Mihai Berinde
Abstract
The unification process has been the central point of the european political and economic history in the second half of the last century. The advances made seem today impressing and impossible to imagine only a few years ago: peace and stability have been consolidated; economic growth has continued; european citizens’ standard of living has been substantially improved
Keywords: European Union, unification process, economic history, economic policy
EURO MORTGAGE
Lorena Poenaru
Abstract
The unitary economical politics from monetary field had a considerable influence on the banking system. Economical harmonization and integration have actually the same purpose at the end: to create a compromise for the approach of national systems and to ease banking operations. Initially, the control politics of the capital international waves have been very important in the national plan of member states. Subsequently, there has been the phenomenon of the capital markets and payment means liberalization and the Maastricht Treaty has brought important modifications in this aspect.
Keywords: euro, economic harmonization, banking, capital market
EMU ENLARGEMENT: WILL GREAT BRITAIN JOIN?
Mihai Sebea
Abstract
At this moment in time, from all the 27 European Union member states only 13 are involved in the 3rd stage of EMU: the 11 „ founding members” which begun to use the euro from 1999, Greece which has joined the euro zone from 2001, and Slovenia starting 2007. From the group of the 14 countries which are outside the euro zone, only Great Britain and Denmark have a permanent derogation (the opt-out clause) which means that they will join the euro zone only when they decide to (and of course if the nominal convergence criteria will be met). In the exposed context, the present paper makes a synthetic analysis of Great Britain’s perspectives of joining the euro zone, relying on the stages and conditions established in Maastricht and also by analyzing the specific British tests and governmental plans.
Keywords: EMU, enlargement, Great Britain, euro
TURKEY LIKE A CANDIDATE OF EUROPEAN UNION
Raluca Bughea
Abstract
Turkey applied for associate membership in European Community in 1959, and signed the “Ankara Agreement” on September 12th 1963. Since 1964, Turkey has been a European Union Associate Member. Turkish accession will change the EU’s borders but it will also change Turkish relations with its neighbors. Overall, Turkish accession will extend and deepen EU foreign policy interests in its surrounding regions. Turkey will have considerable impact on the European Union, but it is an impact that can be managed as previous enlargements have been.
Keywords: European Union, Turkey, foreign policy, enlargement process
CELEBRATING 50 YEARS WITH TWO NEW PROVOCATIVE MEMBERS
Sorina Costache, Ovidiu Folcut and Ramona Ichim
Abstract
Romania and Bulgaria were admitted into the European Union. Their perspectives in the European Union depend mostly on their previous economic evolution and on their efforts to become European competitive economies. Given the political chaos that has taken hold in other eastern European countries, most of them much richer and stronger than the two newcomers, it is clear that the Balkan pair's road to EU prosperity and stability will be hard.
Keywords: European Union, enlargement process, competitiveness, economic prosperity
ROMANIA IN THE EUROPEAN UNION: POLITICAL INTEGRATION VS. ECONOMIC INTEGRATION
Flavia Anghel and Bogdan Glăvan
Abstract
Although highly beneficial from a pragmatic point of view, Romania’s accession in the European Union is problematic, especially in the long run and from a theoretical perspective. In the short run, adoption of european model emphasizes the advantages of economic integration. In the long run however, political considerations can dominate economic liberties.
Keywords: European Union, political integration, economic integration, economic liberties
RURAL DEVELOPMENT IN EUROPEAN UNION
Iuliana Mircea
Abstract
The rural development is a very important and complex issue, involving different sectors and policies of European Union. With over half on the population in the 25 Member States of the E.U. living in rural areas, which cover 90% of the territory, rural development is a vitally important policy area. Farming and forestry remain crucial for land use and the management of natural resources in the rural areas, and as a platform for economic diversification in rural communities.
Keywords: European Union, rural development, EU policy, rural communities
CLIMATE CHANGE IN THE EUROPEAN UNION
Anda Veronica Dan
Abstract
It is now universally accepted that climate change is happening and that is caused by man’s behaviour. Global warming is accelerating and the average temperature is likely to rise up to 4 degrees by the end of this century if nothing is done. The European Union has risen the occasion by putting in place the world’s most famous ambitions global strategy for combating climate change.
Keywords: European Union, climate change, global warming, EU policy
SUPPLY CHAIN FLEXIBILITY
Simona Daniela Grigore
Abstract
To be flexible means to have the ability to vary as you like, according to the needs. Flexibility is the ability to adapt, in a reversible manner, to an existing situation, as opposed to evolution, which is irreversible. Companies must realize the real competition is not firm-to-firm, but supply chain-to-supply chain.
Keywords: flexibility, supply chain, efficient organization, economic performance
THE INSTITUTIONAL CHANGE AND IT´S IMPLICATIONS ON ECONOMIC DEVELOPMENT
Ramona Frunză and Marian Stanciu
Abstract
The guide in the elaboration of this article was the work of the famous attorney of the new institutionalism, D. North, named “Institutions, Institutional Change and Economic Performance”. His central idea was focused on the retaining wall of the necessity of an institutional change that to permit the economic performance. The author observes that the productive activity depends in an essential way by the institutionalization on property rights and by the observance of the contracts. If a system of property is institutionalized in a good manner and in same time he’s stable, then we can talk about by a fosterage of the investments on a long term, in these way facilities the productive activity. On the contrary, when the property is affected by risks and raised costs, the peoples will be attracted to the direct gaining based on speculation and on the obtaining of one fairly substantial part by the property existing already. Considering all these, our step try to astound, essentially, the reasons for that the structures of governance must refer at an institutional change in a state, change that must generate the economic performances.
Keywords: institutional change, property rights, governance, economic performance
THE DIMENSION OF THE UNDERGROUND ECONOMY, IN ROMANIA, IN THE PERIOD AFTER 1989
Stela Toader
Abstract
In the period after 1989, the underground economy in Romania had a constantly ascendant evolution. In this article we think about the distinguishness of the underground economy level and of the real possibilities of Romanian economy through the dimension of the real total gross domestic product, providing a reason seriously enough to amplify the struggle against the phenomenon of the underground economy, especially as a result of our country’s integration in the European Union. Practically, starting with the 1st of January 2007, the internal struggle against the underground economy and the fiscal fraud (as assimilated phenomenon) becomes one of the interests of the community, because they will affect, from so on, no only the public budget but also the community’s.
Keywords: Romanian economy, underground economy, fiscal fraud, public budget
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