FOR BREXIT PRESS ENTER
EU’s Summer with Good Football Playing & Poor Political Footsteps
Europe United: A Goal Makes It, an Offside Brexit

Europe United: A Goal Makes It, an Offside Brexit

Mankind invented games when it figured out that its life and world can be miniaturized, simplified and represented in metaphors. A game can compress physical and metaphysical (social, political, economic) space to about the size of a rectangle in the grass or a wooden board and, for the sake of education or entertainment, (re)produces a societal figment in which human relations appear to detach themselves from the mundane, though not from its laws. More

No. 1, Sep.-Oct. 2016 2016


Good or Bad, the Brits Did It

Good or Bad, the Brits Did It

Eventually, somebody had to do it, and that somebody was the Brits. Although I don’t know if that was what they’d intended, they managed to send a signal very much like the one in 1415 at Agincourt when they radically challenged the military orthodoxies of the day by using mere archers on foot behind wooden spikes to defeat the armored cavalry that was the tank and shock troop of the day. More

No. 1, Sep.-Oct. 2016 2016


Romania’s Exposure to Brexit Is Limited and Manageable

Romania’s Exposure to Brexit Is Limited and Manageable

The British vote in favor of leaving the European Union is a defining moment for the United Kingdom, for the EU project as a whole and for each individual European country. It could also be a critical juncture for the current international world order. The economic consequences will be serious enough for the United Kingdom and for the European economies: increased uncertainty and higher volatility in the financial markets, reduced capital flows, shrinking trade, less liberal markets and increased protectionism, all resulting in slower growth and eventually recession. More

No. 1, Sep.-Oct. 2016 2016


Why Brexit Will Stay on the Shelf

Why Brexit Will Stay on the Shelf

A daring expression of democracy, Brexit will have no effect whatsoever, or just one effect: once the rebuilding of the Hohenzollern Palace in Berlin has been completed, Angela Merkel will become the heir to Wilhelm II. Let me explain why. Just as communism did not end with the death of Stalin and the hysterical sobbing for the Great Leader™ and wise innovator, so Brexit will not lead to Great Britain’s exit from the European Union. More

No. 1, Sep.-Oct. 2016 2016


There Is Life after Brexit

There Is Life after Brexit

The result of the UK referendum on the European Union membership came as a big surprise to Europe and the World. As someone who lived for twelve years in Brussels and for eight years in the United Kingdom, I am familiar with the perceptions from both sides of the English Channel. During my stay in Britain, I discussed the EU-UK relationship with many people of different professional background and political preferences, and the conclusion was that, after the referendum, the United Kingdom will remain in the EU. More

No. 1, Sep.-Oct. 2016 2016


The London Stock Exchange Helped Fondul Proprietatea and Romania Became More Visible Among International Investors

The London Stock Exchange Helped Fondul Proprietatea and Romania Became More Visible Among International Investors

We maintain our strong support for listings on the London Stock Exchange, including the upcoming secondary listings of Hidroelectrica and OMV Petrom. We are confident that London will keep its position as a preeminent international market for issuers and investors in the long term and there are strong reasons to believe that the London Stock Exchange will remain a globally important hub, regardless of the final terms of the UK’s withdrawal from the EU More

No. 1, Sep.-Oct. 2016 2016


How Soft Is Actually Hard and Tough

How Soft Is Actually Hard and Tough

The promise we make our students when they apply to our study programs invariably covers success. We promise to prepare them for successful jobs, for successful careers and, if all else fails, for meaningful lives. And they used to believe us because we had a track record of successful alumni. What did we teach those successful alumni? More

No. 1, Sep.-Oct. 2016 2016


The Great Britain Exit with Multiple and “Controversial” Echoes

The Great Britain Exit with Multiple and “Controversial” Echoes

Without any doubt, the Great Britain exit – more or less anticipated – is a major event with “waves” all over the world and on multiple levels. Brief reflections on some of them: For Romania, the influences in the short term will be minor. Over the medium and long term, there will be changes of functionality and resources within the European Union, Romania being dependent on them to a significant degree. More

No. 1, Sep.-Oct. 2016 2016


How Does Brexit Influence Us?

How Does Brexit Influence Us?

The British referendum on EU membership struck Europe like lightning on dry wood. Britain’s gesture to draw attention to the greatest problems with the tactical toolkit and strategic vision of the central EU institutions became, owing to a lack of political foresight from David Cameron, a concrete political reality which European Union should take very seriously. More

No. 1, Sep.-Oct. 2016 2016


Brexit – Freer Trade plus More Legislative Independence

Brexit – Freer Trade plus More Legislative Independence

For an economist who shares a liberal oriented point of view Great Britain’s decision to leave the European Union is somewhat puzzling. On the one hand, the claim that EU legislation is suffocating the British economy is fairly understandable. The Brussels bureaucracy has indeed tightened its grip in the last decades on most aspect concerning trade within the European Union (from technical standards to environmental legislation). More

No. 1, Sep.-Oct. 2016 2016


The Geo-economics and Geopolitics of the Brexit Crisis

The Geo-economics and Geopolitics of the Brexit Crisis

The many suggested effects of Brexit will take time to manifest in observable fashion in Great Britain, Europe and globally, after the immediate but emotionally charged reactions of markets, politicians and all sorts of analysts. Two considerations have to draw our attention, in my opinion, as Brexit is now being decided. Firstly, nobody should play with the fate of the country just in order to seize power. More

No. 1, Sep.-Oct. 2016 2016


Brexit – Lessons for the European Union

Brexit – Lessons for the European Union

The result of the British referendum (51.9% pro-Brexit) surprised the financial markets, but also the policy-makers (recently, the UK Treasury admitted the lack of a plan for this scenario). The pound depreciated significantly, to the lowest level since June 1985 against the US dollar. At the same time, the uncertainties regarding the future of the UK-EU relations have had a strong impact on the banking sector, given the role of London in the global and European financial industry (the banks’ stock index decreased by over 20% in EU since the 23rd of June, compared with a decline of only 7% in the US). More

No. 1, Sep.-Oct. 2016 2016


Brexit: A Divided Continent and a Divided Country

Brexit: A Divided Continent and a Divided Country

Durham University is a bubble within the North East, and this has never been clearer than in the aftermath of the EU Referendum. Whilst sentiment within the student body was strongly Remain, County Durham voted overwhelmingly to leave. A five-minute drive from the Remain posters in the windows of almost every student house in the city centre, huge Vote Leave banners hung from every town hall and working mens’ club. More

No. 1, Sep.-Oct. 2016 2016


La Vie en Rose, with a hint of grey

La Vie en Rose, with a hint of grey

On the evening of November 13th 2015, gunmen stormed into the Bataclan concert hall in Paris, killing 89 people. That very same night, shooters and suicide bombers slaughtered 40 more people in coordinated terrorist attacks in five other locations, in the centre of Paris and at Stade de France. France was at war, as President François Hollande superfluously claimed in the immediate aftermath. More

No. 1, Sep.-Oct. 2016 2016


Football Goes More in Europe than in Schengen, the EU, EEA or Eurozone

Football Goes More in Europe than in Schengen, the EU, EEA or Eurozone

The 2016 European Football Championship has a special significance because it is probably the last edition of this competition which takes place in a single country. This is because of the 2020 experiment which will see the tournament unfold in 13 host cities, distributed throughout Europe. If this formula is successful, it will be applied to future editions. More

No. 1, Sep.-Oct. 2016 2016


From Éder to Bastille Day

From Éder to Bastille Day

Rarely in the history of sports has there been a major sporting event under such a great threat of mayhem as the French EURO 2016. There were, of course, the Munich 72 and the Moscow 80 Olympics, the 1990s ethnic conflicts of the Yugoslav Wars (with major impact on the make-up of the representative sports teams of the belligerents), or the two World Wars which cancelled all competitions, but one could reasonably hope those days were truly over. More

No. 1, Sep.-Oct. 2016 2016


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OEconomica No. 1, 2016
IN THE AGORA
Agora
“Pierre Werner Centenary” medal “Pierre Werner Centenary” medal

The National Institute for Economic Research “Costin C. Kirițescu” of the Romanian Academy bestowed the “Pierre Werner Centenary” medal to the Rector of the Bucharest University of Economic Studies, Professor Nicolae Istudor, Ph.D., in recognition of his contributions to higher education and academic research and of his sustained efforts to promote the national culture and its values in the Wernerian sense of harmony and compatibility with the wider European civilization and its aspirations.

The ceremony was occasioned by the 4th edition of the International Conference ESPERA 2016 on “Economic Scientific Research – Theoretical, Empirical and Practical Approaches”, which took place in Bucharest on December 15-16, 2016. Professor Nicolae Istudor’s keynote speech may be viewed here.

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Geopolitics and the New Silk Road Geopolitics and the New Silk Road

Professor Silviu Neguț, Ph.D., delivered a speech on the geopolitics of the New Silk Road and its Eurasian philosophical backdrop during a conference organized by the Black Sea University Foundation on the subject of “Oil and the New Silk Road”. The event took place on December 13, 2016, and brought together a host of noted Romanian specialists from academia, government and private sector. Among them were Vasile Iuga, Senior advisor at PwC Romania, Radu Dudău, the Energy Policy Group, and Liviu Mureșan, the EURISC Foundation. The discussions were moderated by Professor Dan Dungaciu, Ph.D., President of the Black Sea University Foundation and head of the Institute for World Economy, the Romanian Academy (details here).

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NATO foreign ministers’ meeting NATO foreign ministers’ meeting

Alexandru Georgescu was a participant, alongside Răzvan Munteanu, Iulian Popescu and Andrei Vlăsceanu, on the ZIUA Z (D Day) TV Show hosted by Col. (ret.) dr. Ion Petrescu on the subject of the latest meeting of NATO Foreign Ministers. The TV Show aired live on December 8, 2016, on 6TV and can be viewed online here.

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Romania’s EU Council Presidency Romania’s EU Council Presidency

On November 28, 2016, dr. Octavian-Dragomir Jora declared for Agerpres: “Looking forward to Romania’s Presidency of the EU Council in the first semester of 2019, our country has to employ wisdom and intelligence in mating two essential strains of modern governance by utilizing an appropriate political decision-making structure and an open and competent popular consultation. The first is going to be the often invoked ‘country project’. It does not have to represent a simple piece of ‘literature’, filled with the intellectual infatuation of the contributors and the documents’ custodians, but a two-directional educational exercise (between the decision-making and reflecting elites, on the one hand, and the public, on the other hand) and a sincere discovery of ‘national interest’. In my opinion, this is the best known ‘unknown’ of the domestic public discourse. It is a fixture in the national psyche post-accession, while remaining tantalizingly out of reach of both the public and the authorities and their advisors. The second one is this administrative exercise, which demands institutional maturity: the Presidency of EU Council. Addressed responsibly and rigorously, the course of managing the EU agenda represents a unique moment of opportunity and challenge which can have the benefit of improving Romania’s image as an exotic and erratic presence in the European picture”. (www.agerpres.ro)

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European challenges for Romania European challenges for Romania

Europarliamentarian Laurențiu Rebega and the Foundation for the Europe of Nations and Freedom organized on the 26th of November, in Târgu Mureș, the Conference “The European Union and Economic Challenges for Romania”. The event took place in proximity to the impending anniversary of Romania’s accession to the EU, nearly ten years ago. The presentations discussed the pros and cons of accession and highlighted the risks, vulnerabilities and threats that our country will have to manage. Professor Dumitru Miron, Ph.D., and Associate Professor Octavian-Dragomir Jora, Ph.D., from the Faculty of International Business and Economics, the Bucharest University of Economic Studies, Professor Nicolae Băciuț, writer and publicist, and Cora Maria Muntean, President of the National Association of Romanian Merchants (ANCR), were among the speakers (details here).

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CEECs and the geopolitical winter CEECs and the geopolitical winter

Alexandru Georgescu was a participant, alongside Răzvan Munteanu and Iulian Popescu, on the Valori Euroatlantice (Euroatlantic Values) TV Show hosted by Col. (ret.) dr. Ion Petrescu on the subject of the Geopolitical Winter in Eastern Europe. The TV Show aired on November 20, 2016, on 6TV and can be viewed online here. Key quotes and comments can be found here.

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Science and the metrics of visibility Science and the metrics of visibility

Octavian-Dragomir Jora delivered a speech at Târgul de Carte Gaudeamus (the Gaudeamus Book Fair), on November 16, 2016, during the launch of an important book, “A concepe, a redacta și a publica un articol științific. O abordare în contextul cercetării economice” (“Conceiving, Writing and Publishing a Scientific Article. An Approach in the Context of Economic Research”), written by Vasile Dinu, Gheorghe Săvoiu and Dan-Cristian Dabija. Octavian-Dragomir Jora argues that the neglect of scientific dissemination in national journals is a result of a structure of perverse incentives for researchers, for whom a series of “minimalistic” criteria have been set with an exclusively external orientation and without an attempt to establish a reasonable set of coefficients for truthful comparison between internal and external publications. This leads to distortions of the Romanian landscape for reviewing, validating and disseminating scientific ideas, hindering their gradual entry into the worldwide scientific marketplace and maintaining an unproductive separation between national and global spaces (details here).

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Riga 2016, China-CEECs meetings Riga 2016, China-CEECs meetings

As a member of the EURISC Foundation, Alexandru Georgescu was the only Romanian attending the International Think Tank Forum of China and Central and Eastern European Countries held in Riga, Latvia, on November 4, 2016, in parallel with a series of other events related to 16+1 cooperation, including the Summit of the Heads of Government of 16+1, the launch of the Logistics and Transport Center for 16+1 in Riga, a business forum and a conference of sinologists. A short article in Romanian describing the event can be accessed here. A publication titled “Afterthoughts of the Riga 2016 China and Central and Eastern European Countries Think Tank Forum” can be accessed here, featuring also a contribution from Alexandru Georgescu.

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16+1 and Belt and Road initiatives 16+1 and Belt and Road initiatives

As a member of the EURISC Foundation, Alexandru Georgescu accompanied EURISC Foundation President dr. Liviu Mureșan to the International Conference on Synergies between 16+1 and the Belt and Road Initiative, organized by the Shanghai Institutes for International Studies (SIIS) on September 25-26, 2016, in Shanghai. A short article in Romanian describing the event can be accessed here.

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EU, liberal or illiberal momentum EU, liberal or illiberal momentum

The Center for Institutional Analysis and Development – Eleutheria (CADI), The Friedrich Naumann Foundation (FN), The Institute for Economic Studies – Europe (IES – Europe) and The Society for Individual Freedom (SoLib) organized The September School of Economics, Politics and Philosophy, September 20-25, 2016, at the Hotel Apollo Hermannstadt in Sibiu, Romania. This year’s theme was “Europe at the Crossroads: Illiberal Challenges, Liberal Alternatives”. On this occasion, Octavian-Dragomir Jora delivered a speech entitled “Brave New Europe: Technology, Democracy, Technocracy, Demagoguery” (details here).

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