Founder Editor in Chief: Octavian-Dragomir Jora ISSN (print) 2537 - 2610
,
ISSN (online) 2558 - 8206
Contact Editorial Team RAFPEC The Idea
The 21st Century’s Search for Equilibrium: Isms, Phobias and the Culture of Labels

The 21st Century’s Search for Equilibrium: Isms, Phobias and the Culture of Labels

There is much to be said on the subject of today’s world, even though events happen much in the same way as they have been happening since the dawn of human history. There is violence, war, famine, disease, empty political discourse, yet there are also festivals, scientific developments, and a higher standard of living than ever before in many parts of the world. In short, humankind moves forward through time, if I may be allowed this perhaps scientifically inaccurate expression, in much the same way it has always done. More

No. 3, Jan.-Feb. 2017 2017


Trump and the Paris Agreement

Trump and the Paris Agreement

The negotiations for the Paris Agreement were concluded at the 21st Conference of Parties of the UN Framework Convention on Climate Change in December 2015, and it entered into force in October 2016. It has been signed by 195 countries and ratified by 144. President Trump has repeatedly spoken out against the Paris Agreement and the “climate change industry” and made it a campaign plank to exit the Agreement. For all of its apparent randomness, there is one obvious trend in his Cabinet appointments, past and present, which is to appoint people who exhibit an ideological break from the policies of the past Administration or who are skeptical of the worldview of their respective agencies. Naming a “climate change skeptic” and pro-business advocate, Scott Pruitt, to the Environmental Protection Agency was one such move. Naming a China and free trade skeptic, Robert Lighthizer, to be US Trade Representative (a Cabinet level appointment) was another. And there are still more examples, such as the failed nomination of fast-food CEO Andrew Puzder as Secretary of Labor. More

No. 3, Jan.-Feb. 2017 2017


The Banks in the Economy

The Banks in the Economy

The recent legislative initiative, called “Resolution Agency Law”, gave rise to intense discussions, which have not lacked in demagoguery and populist, anti-capitalist and anti-Western overtones. Beyond the latent dangers posed by the underlying substance of these tendencies, the major problem is that the project “may generate a systemic risk in the banking sector, inducing risks and endangering the financial sector stability with implications for the entire economy” (EC, Romania Country Report 2016, Brussels, 26.2.2016, p. 2-3). More

No. 1, Sep.-Oct. 2016 2016


PRINT EDITION

SUBSCRIPTION

FOUNDATIONS
The Romanian-American Foundation for the Promotion of Education and Culture (RAFPEC)
THE NETWORK
WISEWIDEWEB
Amfiteatru Economic

OEconomica No. 1, 2016