Elena E. Nicolae
Elena E. Nicolae
Economist, Lecturer, Ph.D., the Bucharest University of Economic Studies, interested in Russian and American studies
Relations with East Asia – A View from Romania

Relations with East Asia – A View from Romania

The situation of the world today makes it difficult to even agree on whether we, as humanity, are going towards the right or the wrong direction. This is indeed a time of increasing fluidity, fake news, rapidly rising populism, which all makes vision and clarity of decision very uncertain for even the most educated and informed persons. Are democracy and advanced capitalism failing or are they being following various routes all heading eventually towards progress? And what does progress mean nowadays when artificial intelligence (AI) is offering blurred visions of some utopias and clearly lots of dystopias for a large number of people?  More


What Is Needed Is a “Stiff Upper Lip”

What Is Needed Is a “Stiff Upper Lip”

We do live in interesting times, as the old saying goes. And no, this is not a blessing. Let us hope it is not going to be a curse either. If we look around us, 2017 is shaping up to be an interesting year for democracy and the Western world. 2015 and 2016 have not been very good either for Europe and particularly the European Union due to the terrorist attacks, the economic crisis in Greece and the waves of refugees coming from the Middle East and other areas damaged by war or sunk into the morass of poverty and dysfunction. All of these events have led to a rise in populism across Europe and many feel that this is the beginning of the end for the European Union. And we cannot forget that the EU is about to lose one of its key members, the UK, which chose to exit the European Union through a referendum. More


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

OEconomica No. 1, 2016