Long Live Europe!

Long Live Europe! But Whose Europe?

No. 5-6, May.-Aug. 2017

European Union remains one profoundly unaccomplished political project for too many reasons. Despite a continuous external growth, since the inception, and internal maturation, it was not able to fill entirely the “real estate” of the cultural habitat which – by both stretches of the mind and grace of geography – was and is considered to represent the whole (and holy) Europe: the Norwegians and the Swiss were not seduced by the “tender offer” Brussels displayed towards them, though they are solid parts of the continent’s historical trunk either in its “heroic” (the Viking expeditions by sea) or in its “settled” (Europe’s inland highly celebrated democracy) epochs. Also, EU struggles to digest and metabolise some of the Central and Eastern European new-comers, while the Western Balkans, with the residual nation-states of the ex-Yugoslavian failed multinational union, seem, with the notable exception of Croatia, so “estranged” from Europe. More

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    The 2020 GDP of Romania

    The 2020 GDP of RomaniaEqual to the 2019 GDP in nominal terms and the 2018 one in real terms

    No. 28, Mar.-Apr. 2021

    The National Institute of Statistics confirmed the signal result of the economic growth for 2020 at the level of -3.9%, in the first preliminary version made public. The nominal value resulting from the overall calculation for the last year was RON.... More



    Public Schools, a Rival for Racism and Xenophobia

    Public Schools, a Rival for Racism and Xenophobia

    No. 28, Mar.-Apr. 2021

    Some believe that we live in a world that is advanced and effortlessly evolving in so many different ways, yet it is also stuck and old-fashioned in other ways. Paradoxically, the modern world that we live in is still exposed to racial conflicts.... More



    The Long-Lasting Effects of Colonial Policies

    The Long-Lasting Effects of Colonial PoliciesWhy some post-colonial nations succeed while others do not

    No. 28, Mar.-Apr. 2021

    Whenever we talk about Canada, New Zealand, Libya or Indonesia, we need to bring up the colonial empires which dominated much of the modern world up until the beginning of the Cold War. The periods under colonial rule differ, with.... More



    A Few Considerations about the Gender Gap in the COVID-19 Impact on the Labour Market

    A Few Considerations about the Gender Gap in the COVID-19 Impact on the Labour MarketEconomy Near Us (XXXIX)

    No. 28, Mar.-Apr. 2021

    March marks one year since Romania entered a state of emergency and remained on alert due to the pandemic. The Romanian state, like all of the states of Europe and the world, is still looking for solutions to limit its spread. The priority.... More



    A Reactionary Response to a Likewise Football

    A Reactionary Response to a Likewise FootballFrom Conference League to Super League

    No. 28, Mar.-Apr. 2021

    Context: TheChampions League (CL) is the greatest inter-club football competition in Europe and the entire world. Organised every year, it includes the best 32 European football club teams: 26 qualified in advance, while six of them have to go.... More



    The Evolving Identity of the Firm. Cognitive Peculiarities and Idiosyncratic Perceptions

    The Evolving Identity of the Firm. Cognitive Peculiarities and Idiosyncratic Perceptions

    No. 28, Mar.-Apr. 2021

    Research into the theory of the firm began with the publication of “The Nature of the Firm” (Coase, 1937), which led to the appearance of four essential questions about the nature of the firm. Why do firms exist? Why are these organized the.... More



    The Intersection of Religion and Economic Behaviour

    The Intersection of Religion and Economic Behaviour

    No. 28, Mar.-Apr. 2021

    The World Bank published two years ago a study conducted by two Bulgarian economists, Simeon Djankov and Elena Nikolova, which shows major differences in attitudes toward state authority and the adoption of new ideas between Orthodox, on.... More



    The Road to a Free Economy

    The Road to a Free EconomyOnce upon a time in 1989. And the journey is on going

    No. 28, Mar.-Apr. 2021

    János Kornai needs no introduction to our readers. He is an intellectual force to be reckoned with in the service of liberty. The following pages are an extract from his memoirs specifically selected from a time of great change in Hungary, to.... More



    Binding Leviathan: The Case for Institutional Liberty

    Binding Leviathan: The Case for Institutional Liberty

    No. 28, Mar.-Apr. 2021

    In political theory, as in any inquiry, a question must begin with a perception or a premise. The question is this: How can the identity and integrity of a self-governing institution – whether a church, business, school, even a family – be maintained.... More



    Realities and Perspectives of a New Social Paradigm

    Realities and Perspectives of a New Social ParadigmEconomy Near Us (XXXVIII)

    No. 27, Jan.-Feb. 2021

    Society is currently undergoing a series of transformations, as a result of the effects of the global pandemic, with consequences in all areas of our existence. Approaching from a conceptual point of view the present reality, the concept of entropy returns.... More



    Pablo Neruda – Poetry, Polities, Peace

    Pablo Neruda – Poetry, Polities, PeaceMasters of Diplomacy (III)

    No. 27, Jan.-Feb. 2021

    One of the greatest poets that have ever lived in the Latin America was none other than the Chilean Pablo Neruda (photo: right) born under the name Ricardo Eliécer Neftalí Reyes Basoalto. He was born in Parral, Chile on July 12, 1904.... More



    Beneath It All in Hungary Is Political Corruption

    Beneath It All in Hungary Is Political Corruption

    No. 27, Jan.-Feb. 2021

    Hungary is the black sheep of the European Union. Its contrarian agenda offends the common opinion of other Member States. Just recently, the Hungarian government not only threatened to veto the EU recovery budget but also voiced its.... More



    Vijaya Lakshmi Pandit – Casting a Flood of Light on India

    Vijaya Lakshmi Pandit – Casting a Flood of Light on IndiaMasters of Diplomacy (II)

    No. 27, Jan.-Feb. 2021

    What does it take to fight for the freedom of your country? Some may say it takes courage, strength of character or faith. Some may say you need to be a hero, but The Great Daughter of India, as Vijaya Lakshmi Pandit (photo: right) was often called.... More



    Long-Term Interest Rate Fell Below 3%

    Long-Term Interest Rate Fell Below 3%A courageous change of economic vision would be required

    No. 27, Jan.-Feb. 2021

    Long-term interest rates for Romania fell by almost one percentage point in just two months, according to data released by Eurostat. After increasing up to 4.83% in April 2020, at the end of June it reached a level below the threshold of four.... More



    Vespasian V. Pella – A Peace Fighter

    Vespasian V. Pella – A Peace FighterMasters of Diplomacy (I)

    No. 27, Jan.-Feb. 2021

    It is indisputably mandatory, Vespasian Pella (photo: second from the right, sitting at the table) asserted, to have the following in order to prevent and combat the state “collective crime” – a recognition of the war’s criminal nature, alongside the.... More



    Automatic Stabilizers as Publicly-Oriented Predictors

    Automatic Stabilizers as Publicly-Oriented PredictorsEconomy Near Us (XXXVII)

    No. 27, Jan.-Feb. 2021

    In the economic process, the volatility of macroeconomic variables is not the true problem, but its unpredictability. In fact, this conclusion is equally valid for microeconomics. For example, under the EMH – Efficient Market Hypothesis – a.... More



    When the Appetite for Entertainment Scores Goals

    When the Appetite for Entertainment Scores Goals

    No. 27, Jan.-Feb. 2021

    Romania is attacking on the left side of the pitch, Răzvan Marin and Florin Tănase have a short exchange of passes in the corner of the penalty box, which opens some wide spaces for the latter to penetrate and make a decisive pass for Eric Bicfalvi.... More



    The Pandemic Recession and Government Stimulus

    The Pandemic Recession and Government Stimulus

    No. 27, Jan.-Feb. 2021

    Never before has the global economy been deliberately put into an induced coma. Owing to the coronavirus pandemic, businesses are struggling to break even and unemployment is soaring high. The sudden shock called for a speedy and.... More



    Romanian National Culture Day and the New Normal

    Romanian National Culture Day and the New Normal

    No. 27, Jan.-Feb. 2021

    Do not worry: this is going to be short and… bitter. Bitter is good. In drinks, according to personal taste, and in real life, because it prompts reflection.Therefore, here is what I want to reflect upon today – once again on the National Culture Day of us.... More



    The Effect of Brexit on Romanian Foreign Trade

    The Effect of Brexit on Romanian Foreign Trade

    No. 27, Jan.-Feb. 2021

    Over the last few years, the United Kingdom has been Romania’s most important foreign trade partner with whom we have managed to record a significant trade surplus. The island economy’s exit from the community bloc and the.... More



    Will Lithuania Reclaim Its Own Business Tax Model?

    Will Lithuania Reclaim Its Own Business Tax Model?

    No. 27, Jan.-Feb. 2021

    The recent parliamentary elections in Lithuania have sparked hope that after 18 years the country will revisit its decision to give up a zero-tax rate on reinvested profits, a regime that gave an immense impetus to the country’s investment and.... More



    Piloting Through the 2020 Corona-World:

    Piloting Through the 2020 Corona-World:•An objectively subjective selection•

    No. 27, Jan.-Feb. 2021

    The much-lauded Chinese curse of living in interesting times has certainly applied to 2020. The year saw many disruptions, but also the fulfilment of key trends related to inter-state and intra-state conflict. While no one will mourn its end, we may be right.... More



    The War of the Worlds: Macro-societies in Battle Against Micro-organisms

    The War of the Worlds: Macro-societies in Battle Against Micro-organismsAn ongoing chronicle of a contagious era

    No. 26, Nov.-Dec. 2020

    As the lockdown has been relaxed (in Romania, the homeland of TMFI), yet social distancing is still a sacrosanct recommendation, we release the second episode from our collection of editorial products, this time from our in-house harvest. We hope.... More



    The Economists Need Skin in The Game

    The Economists Need Skin in The GameEconomy Near Us (XXXVI)

    No. 26, Nov.-Dec. 2020

    The concept of economic crisis encompasses quite different situations (from either a causal perspective or a consequentialist one), from a conjunctural transient state all the way to a real blockage of the economic system. For this article, we.... More



    The Crisis of Our Age: A Retrospective Glance

    The Crisis of Our Age: A Retrospective Glance

    No. 26, Nov.-Dec. 2020

    As a political philosophy and system of governance, liberalism is a product of Western Christian civilization. Yet some of its roots are decidedly illiberal. Thomas Hobbes offered an intellectual framework for our burgeoning Provider State.... More



    A Pragmatic Approach to Higher Education – University 4.0

    A Pragmatic Approach to Higher Education – University 4.0

    No. 26, Nov.-Dec. 2020

    The 4th Industrial Revolution has changed the industrial practices of manufacturing and production, now transformed by digitization and automation and supported by advanced technologies and techniques. The adjustment process of.... More



    Europe’s Paradigmatic Dilemmas amidst Pandemic Woes: How the Covid-19 Crisis May Reshape EU’s Geostrategy

    Europe’s Paradigmatic Dilemmas amidst Pandemic Woes: How the Covid-19 Crisis May Reshape EU’s Geostrategy

    No. 26, Nov.-Dec. 2020

    The much-awaited vaccine has recently been announced and reignited hope that the coronavirus pandemic that has kept the planet in a tight grip for about a year now is about to end. Though the vaccine itself is not beyond suspicion as some.... More



    The New Geopolitics of South Caucasus

    The New Geopolitics of South Caucasus

    No. 26, Nov.-Dec. 2020

    The 2020 peace agreement in Nagorno Karabakh is not just redrawing the security relationship between Yerevan and Baku, but, at the same time, it reshapes the regional geopolitics.First of all, the OSCE Minsk Group played an insignificant role.... More



    November Revealed the Highest Number of New Cases Worldwide Since the Start of the New Coronavirus Pandemic

    November Revealed the Highest Number of New Cases Worldwide Since the Start of the New Coronavirus Pandemic

    No. 26, Nov.-Dec. 2020

    The most powerful 19 countries in the world had different evolutions regarding the number of new cases in the third quarter of the pandemic.November 30 marked 9 months since March 1, considered the beginning of pandemic with the.... More



    Kurt Lewin’s 3-Phase Change Model in the Covid-19 Pandemic

    Kurt Lewin’s 3-Phase Change Model in the Covid-19 Pandemic

    No. 26, Nov.-Dec. 2020

    Throughout 2020, the question of how the world would look like after the Coronavirus pandemic has been constantly repeated. The “status quo” has been challenged: our usual lives have been suddenly torn apart and life during Covid-19 has been... More



    Remarks on the 2020 Romanian GDP Estimate – Reduced for the 3rd Time in the Official Forecast

    Remarks on the 2020 Romanian GDP Estimate – Reduced for the 3rd Time in the Official Forecast

    No. 26, Nov.-Dec. 2020

    The GDP 2020 estimate has been reduced for the third time in a row in the so-called Preliminary Autumn Forecast for the budget amendment published by the specialty National Commission. From an economic result of RON 1,141.4 billion according... More



    About the “Fair” Sharing of Economic Value Added

    About the “Fair” Sharing of Economic Value AddedEconomy Near Us (XXXV)

    No. 26, Nov.-Dec. 2020

    Periodically, economists put on the table a remarkably interesting (and disputable, as well) topic, that of model for sharing the value added between labour and capital. The subject is present both on the work table of theoretical scientists and on that of... More



    Sustainable Development – Excerpts from a New Lodestar in the Field

    Sustainable Development – Excerpts from a New Lodestar in the FieldIon Pohoață, Delia-Elena Diaconașu and Vladimir-Mihai Crupenschi revisit the discourse of the founders

    No. 26, Nov.-Dec. 2020

    Sustainable development has been making the rounds since 1987 as a buzzword to be employed in the rarefied heights of policy discourse on economics, industrialization and much more. Unlike other fashionable concepts, it at least aspires to validity... More



    Central Asia: The World’s Next Powder Keg

    Central Asia: The World’s Next Powder Keg

    No. 26, Nov.-Dec. 2020

    Firstly, we shall explain the geographic and historic situation background of Central Asia. The name is self-explanatory when referring to the location of the region but what stands out is the climate, history and demographics. The land is mostly... More



    The Romanian Leu, Koruna, Zloty and Forint in Pandemic: A Comparison in Terms of Stability and Its Effects

    The Romanian Leu, Koruna, Zloty and Forint in Pandemic: A Comparison in Terms of Stability and Its Effects

    No. 26, Nov.-Dec. 2020

    The Romanian leu was much more stable during the pandemic than the currencies of Central European countries with a similar exchange rate regime – the Czech Republic, Poland and Hungary. Data published by the National Bank of Romania shows a... More



    Democracy at Play – or at Risk – in America

    Democracy at Play – or at Risk – in America

    No. 26, Nov.-Dec. 2020

    In democratic societies, elections are determined by the vote of the people. The democratic process in the United States elected President Trump in 2016. Four years later, after all legal votes are counted and verified, the same process may require... More



    2020 Gaudeamus Book Fair, featuring the Bucharest University of Economic Studies

    2020 Gaudeamus Book Fair, Featuring the Bucharest University of Economic StudiesTreatise launch: International Economic Relations: Theories, Strategies, Policies, Tools and Case Studies / Gheorghe Hurduzeu, Luminiţa Nicolescu (eds.)

    No. 26, Nov.-Dec. 2020

    The 27th edition of the Gaudeamus Radio Romania Book Fair took place between November 16-22, 2020. The fair was held exclusively online this year, due to the coronavirus pandemic. The most popular book fair, staged by the most-listened-to... More



    Owning Now, Owing Then. Culturally Sustainable Development Is about Material Property as Much as It Is about Spiritual Legacy

    Owning Now, Owing Then. Culturally Sustainable Development Is about Material Property as Much as It Is about Spiritual LegacyKeynote speech delivered at Social Science and Humanities Research Association’s (SSHRA) XXV International Conference on Business, Economics, Law, Language & Psychology (ICBELLP), 18-19 November 2020, London, UK

    No. 26, Nov.-Dec. 2020

    Social Science and Humanities Research Association (SSHRA) is an international community of researchers, practitioners, students and educationists that is devoted to the development and the spread of ideas in the field of social sciences... More



    The Effects of the Coronavirus on the Labor Markets in the EU

    The Effects of the Coronavirus on the Labor Markets in the EURomania among the least affected countries in Q2, 2020

    No. 26, Nov.-Dec. 2020

    Romania was among the least affected EU Member States in Q2 2020 in terms of temporary layoffs, reduced working hours or job losses, according to the analysis published by Eurostat. The consequences of Covid19 pandemic varied significantly... More



    Accelerating University 4.0 by Technology Shifts and Pandemic Drifts

    Accelerating University 4.0 by Technology Shifts and Pandemic Drifts

    No. 26, Nov.-Dec. 2020

    The intersection between the technological and the pandemic shock became a real paradox to be managed by the higher education institutions. It all started in March 2020 with the decision to suspend face-to-face teaching activities and... More



    Annotating the Paris Agreement

    Annotating the Paris Agreement

    No. 26, Nov.-Dec. 2020

    This article explains in broad strokes the content of the Paris Agreement and the Decision by which it was adopted. It, then, annotates them and complements the annotations by asking further questions. This article serves as institutional... More



    Economy Near Us (XXXIV)

    The Impact of Social Justice Measures on Unemployment During the PandemicEconomy Near Us (XXXIV)

    No. 25, Sep.-Oct. 2020

    Currently, one of the worst employment crises is in full swing, as a result of the health crisis, with consequences for increasing poverty and therefore economic and social inequality. Just a few of the effects on the labour market include:... More



    Romania’s Recovery According to the World Bank

    Romania’s Recovery According to the World Bank2021 forecast compared to the start of the pandemic

    No. 25, Sep.-Oct. 2020

    The data included in the autumn report of the World Bank, “COVID-19 and Human Capital”, which brings the forecast for Europe and Central Asia countries up to date shows the skepticism of this institution’s specialists regarding a... More



    The Fight for the US Supreme Court and Its Political Ramifications

    The Fight for the US Supreme Court and Its Political Ramifications

    No. 25, Sep.-Oct. 2020

    Impartiality is crucial to any judicial system, even more so when constitutional and supreme courts have to adjudicate conflicts between different state authorities, political actors, or certify election results in democratic polities. This impartiality... More



    The Neighbourhood and Its Meanings

    The Neighbourhood and Its MeaningsSome colourful shades of grey

    No. 25, Sep.-Oct. 2020

    In order to know the Romanian society as it is today more intimately, it is preferable that we analyse it from the inside to the outside, for the general characteristics and conclusions that might be traced from this “outside” (such as national... More



    The Rise of Islam and American Policy in South Asia

    The Rise of Islam and American Policy in South Asia

    No. 25, Sep.-Oct. 2020

    The challenge of Empire to traditional constitutional order occurs when the first response to acts of terror increases the powers of the State. The Patriot Act and the attack on Iraq by the Bush Administration empowered a "war faction" in the America... More



    Romania’s Public Debt Relative to GDP – Implications

    Romania’s Public Debt Relative to GDP – Implications

    No. 25, Sep.-Oct. 2020

    The public debt officially measured by the Romanian Ministry of Finance based on the European methodology advanced, in July 2020 alone, almost as much as in the whole second quarter, when Romania was caught in the middle of the... More



    Engines of Liberty: American Experiment in Self-Government

    Engines of Liberty: American Experiment in Self-Government

    No. 25, Sep.-Oct. 2020

    Brague’s Challenge. In an American Spectator blog post, “Sin No More,” dated May 1, 2008, Rémi Brague stated a thesis worth exploring: “What cultures that were influenced by the Jewish and Christian religions made of the ideal of liberty that I have... More



    The 2008 and 2020 Global Crises – Differences and Similarities

    The 2008 and 2020 Global Crises – Differences and SimilaritiesEconomy Near Us (XXXIII)

    No. 25, Sep.-Oct. 2020

    The years 2008 and 2020 saw two global crises with important similarities, which evoked numerous comparisons. I shall briefly sketch differences and similarities between these two global crises and the European Union response. This... More



    Rebuilding Economics

    Rebuilding EconomicsSeries of articles excerpted from the printed edition [#1]

    No. 25, Sep.-Oct. 2020

    In the last decades, the economic discipline in its hypostasis of Economics (i.e. positive economic theory) was, and also currently is, subject to radical and massive criticism not only from the non-economists (including physicists!), but also from... More



    The World’s 19 Most Powerful Countries Account for 71% of the World’s New Coronavirus Cases

    The World’s 19 Most Powerful Countries Account for 71% of the World’s New Coronavirus Cases

    No. 25, Sep.-Oct. 2020

    On August 31st this year, 6 months have passed since the current pandemic forcefully started, on March 1st. It is an important opportunity to examine how the world’s great powers have developed effective government programs to reduce the... More



    MIND(s that filled) THE GAP(s)

    MIND(s that filled) THE GAP(s)A media campaign of junior reporting on INNOVATIVE / INDUSTRIOUS / INSPIRING, free-market, barrier-breaking, world-spreading, LIBERATING ENTREPRENEURSHIP

    No. 25, Sep.-Oct. 2020

    The Market for Ideas initiated an editorial project in which “international business and economics” students, besides being consumers of quality information, become (co)producers of this “good”. The concept aims for a quadruple gap-filler... More



    Zombified Finance and the Walking Dead Economy

    Zombified Finance and the Walking Dead Economy

    No. 25, Sep.-Oct. 2020

    The financial crisis of 2007 was the result of a constant accumulation of risks facilitated by the gradual lowering of interest rates. This decrease allowed the emergence of an allocation of resources incongruous with the economic... More



    “Under the Spreading Chestnut Tree”… I Forgot My History

    “Under the Spreading Chestnut Tree”… I Forgot My History

    No. 25, Sep.-Oct. 2020

    It is strange for any of us who live in relatively free societies to picture oppression. It is probably why most of us have an insatiable desire for dystopian television productions. The hair raising, mind and heart stimulating stories take us to a... More



    Bracing for Hurricane Democracy

    Bracing for Hurricane Democracy

    No. 25, Sep.-Oct. 2020

    With the conclusion of the two ceremonial national conventions of the two US parties, the Democrats and the Republicans, one may say that the presidential race has begun in earnest. The current election will be unique in modern American... More



    Rights, Constraints, and Offsets in Handling the COVID-19 Pandemic

    Rights, Constraints, and Offsets in Handling the COVID-19 PandemicEconomy Near Us (XXXII)

    No. 24, Jul.-Aug. 2020

    The COVID-19 pandemic has shown us, among other things, that the development of human knowledge can entail a series of risks that can endanger both the existence of the individual and of the society in which we live. In this time of crisis, an important... More



    The COVID State

    The COVID State

    No. 24, Jul.-Aug. 2020

    In 1976, an ABC movie entitled “The Boy in the Plastic Bubble” recounted the tragic story of a child suffering from severe combined immunodeficiency (SCID). Although the child died when he was twelve, doctors have since found a cure for this... More



    The Inconsistency of Biological Analogies in Economics

    The Inconsistency of Biological Analogies in Economics

    No. 24, Jul.-Aug. 2020

    I often tend to use biological analogies either as a simple heuristic or an explanatory model in an analysis, or as a purely illustrative model in support of certain ideas by constructing argumentative structures. For instance, in an attempt to understand how... More



    The Sustainable University: Concept and Conception

    The Sustainable University: Concept and Conception

    No. 24, Jul.-Aug. 2020

    “Sustainable University” is a kind of phrase to emanate a semantic scent with connotations – traced back to an ages-old polarity, yet always at great fashion in social affairs – seemingly both conservative and progressive. Really? Can we so... More



    Charter Cities: Vernian Fantasy or Human Reality?

    Charter Cities: Vernian Fantasy or Human Reality?

    No. 24, Jul.-Aug. 2020

    In 1895, the French novelist Jules Verne launched one of his many visionary ideas that either became reality or something future next generations are expected to achieve. Propeller Island follows the story of four musicians whose services are demanded... More



    Corona-blues: A Brief Reflection on the Challenges of Managing the Coronavirus Pandemic

    Corona-blues: A Brief Reflection on the Challenges of Managing the Coronavirus Pandemic

    No. 24, Jul.-Aug. 2020

    That the new coronavirus has taken the world by storm is no longer a surprise, causing significant casualties worldwide as well as civil unrest and disrupting economies, with ever grimmer prognoses. Much has been said about both the... More



    Defined Contribution Pensions, But Not Really

    Defined Contribution Pensions, But Not ReallyEconomy Near Us (XXXI)

    No. 24, Jul.-Aug. 2020

    From a theoretical (and philosophical) point of view, the (defined contribution) pension in a pay-as-you-go system is an impersonal, non-coexistent, inter-generational, and mandatory quid pro quo. The referee which must assure that the quid pro quo is... More



    International Digital Conference on Multidisciplinary Research and Perspectives for Innovative Higher Education 2020

    International Digital Conference on Multidisciplinary Research and Perspectives for Innovative Higher Education 2020

    No. 24, Jul.-Aug. 2020

    University of South Asia, Lahore, Pakistan, presents the International Digital Conference 2020 on Multidisciplinary Research and Perspectives for Innovative Higher Education on July 24-25th, 2020. The main topics include: Artificial.... More



    The Pandemic and the Standard of Living

    The Pandemic and the Standard of Living

    No. 24, Jul.-Aug. 2020

    A recent report was issued by the Research Institute for Quality of Life of the Romanian Academy, titled The pandemic and the standard of living. Social policies. Its authors were Daniel Arpinte, Sorin Cace, Simona Mihaiu, Iulian Stanescu, Simona... More



    Stealing into Power by Opposition to Power

    Stealing into Power by Opposition to Power

    No. 24, Jul.-Aug. 2020

    Two acute observers of the American system and its decentralized character were Alexis de Tocqueville, who with his friend Gustave de Beaumont traveled through America for around nine months while studying America’s prisons... More



    Twelve Countries Cumulate 80% of the Pandemic Deaths

    Twelve Countries Cumulate 80% of the Pandemic Deaths

    No. 24, Jul.-Aug. 2020

    The “parallel world” of the pandemic has two main coordinates: contagion cases and deaths, accompanied by the very important indicator of fatality rate relative to contagion cases (Rc/d).In our previous interventions, we demonstrated that the... More



    Placing the Central Asia Region in the Equation of Neo-Colonialism Promoted by Russia

    Placing the Central Asia Region in the Equation of Neo-Colonialism Promoted by Russia

    No. 24, Jul.-Aug. 2020

    The reconsideration of Russia’s foreign policy was made under the condition that, as a result of the steep increase in international prices for crude oil and natural gas, considerable financial resources flooded into the state treasury. With... More



    The Absorption of Uncertainty and Exiting from the Pandemic

    The Absorption of Uncertainty and Exiting from the PandemicEconomy Near Us (XXX)

    No. 23, May.-Jun. 2020

    The individuals (and, to some extent, the groups) make decisions based on their perception regarding the future, rather than on a rigorous calculus based on accurate models of rationality (such a conclusion has long been reached by the researchers... More



    A New Silk Road – Russia’s position

    A New Silk Road – Russia’s Position

    No. 23, May.-Jun. 2020

    The first version of the Silk Road is placed by analysts at the beginning of the westward expansion of the Han Dynasty (206 BC - 220 AD). Chinese products (silk, porcelain, spices or other goods) that were highly prized began to be delivered to Europe... More



    NASA & SpaceX Launch – A New Milestone in Space Exploration

    NASA & SpaceX Launch – A New Milestone in Space Exploration

    No. 23, May.-Jun. 2020

    Over the years, space has proven to be one of the few topics that captivated people from all around the world to follow the same TV programming or online event at the same time. Individuals with different backgrounds, ethnicities, races... More



    Reading Between the Lines

    Reading Between the Lines

    No. 23, May.-Jun. 2020

    The macroeconomic situation of Romania is a subject of considerable debate inside the country. The important development of the country is, nevertheless, marred by imbalances and underwhelming reforms, constantly... More



    Conservatism and Spiritual and Social Recovery

    Conservatism and Spiritual and Social Recovery

    No. 23, May.-Jun. 2020

    As I read newspapers, popular magazines, listen to National Public Radio, watch cable television, attend Catholic Mass, and work with American academics at the deracinated institutions called colleges, I am conscious that American secular... More



    Revolt of the Disdained: Sovereignty or Submission

    Revolt of the Disdained: Sovereignty or Submission

    No. 23, May.-Jun. 2020

    The 2016 presidential election hinged on the return of overlooked or marginalized middle-class and working-class Democrats and independents – many of whom had earlier supported Richard Nixon and Ronald Reagan – to reinvigorate traditional... More



    Some Thoughts on COVID-19 Pandemic Shock

    Some Thoughts on COVID-19 Pandemic ShockEconomy Near Us (XXIX)

    No. 23, May.-Jun. 2020

    On the nature of COVID-19 pandemic shockWe think the COVID-19 pandemic shock “verifies” the following features:the shock is atypical: it has the particularity that it bypasses the standard “path” – that is, it does not affect the nominal flows... More



    Coco & Chanel: Creating Herself and a Whole Universe, from Croquis to Couture

    Coco & Chanel: Creating Herself and a Whole Universe, from Croquis to CoutureMIND(s that filled) THE GAP(s) [XVI]

    No. 23, May.-Jun. 2020

    Imagine the epitome of an elegant, stylish woman of modern times. Is she sporting chic suit pants and a matching blazer, or maybe a timeless black dress? Is her jewellery exquisite without overbearing opulence, perfectly assorted to her handbag... More



    Will We 3D-Print Medicine at Home?

    Will We 3D-Print Medicine at Home?MIND(s that filled) THE GAP(s) [XV]

    No. 23, May.-Jun. 2020

    It is around 7 AM, little Jim has just been woken up by his mom. He can distinguish clatter of softly gyrating gears from rain taping at his windowsill. There was no reason to focus more on those everyday sounds especially because he heard the same... More



    Three Paradoxes of the Territorial Distributions of Contaminations with COVID-19

    Three Paradoxes of the Territorial Distributions of Contaminations with COVID-19

    No. 23, May.-Jun. 2020

    A month ago, in the first episode regarding the pandemic, we identified the fact that the structural distribution of the spread of SARS-CoV-2 virus throughout the countries and autonomous territories of the world fulfils all the standards of the... More



    Power Through Play: Thinking Energy Outside the Box

    Power Through Play: Thinking Energy Outside the BoxMIND(s that filled) THE GAP(s) [XIV]

    No. 23, May.-Jun. 2020

    According to the World Bank (2019), roughly 1 billion people have no access to electricity whatsoever, but a Nigerian-American entrepreneur thinks football might be the solution. How is it possible? The story begins with Harvard graduate Jessica... More



    The Million Dollar Pixels: How a Student’s Idea Changed the Internet for the Better

    The Million Dollar Pixels: How a Student’s Idea Changed the Internet for the BetterMIND(s that filled) THE GAP(s) [XIII]

    No. 23, May.-Jun. 2020

    The internet. A place where (almost) everybody can see (almost) everything (almost) for free. An incredible technological asset of humanity as a whole. But how can we find everything? Do we pay these people? How many people would agree to make the... More



    Bringing Lasting Positive Change for Women

    Bringing Lasting Positive Change for Women

    No. 23, May.-Jun. 2020

    Any change brings both positive and negative consequences. Therefore, a development planner should respect various principles to promote change that minimizes negative effects. Also, certain priorities or values should be reflected. This... More



    Making History While Snacking: Microwave Meets Marketplace

    Making History While Snacking: Microwave Meets MarketplaceMIND(s that filled) THE GAP(s) [XII]

    No. 23, May.-Jun. 2020

    World War II, going on between 1939 and 1945, was one of the bloodiest confrontations in the world. It cannot be overstated how much this conflict changed the course of history, for better (if anything good can be related to wars) or worse. For... More



    Think Fast: Interactive Filmmaking Puts Consumers in the Spotlight (Or Is It Just an Illusion?)

    Think Fast: Interactive Filmmaking Puts Consumers in the Spotlight (Or Is It Just an Illusion?)MIND(s that filled) THE GAP(s) [XI]

    No. 23, May.-Jun. 2020

    In 1967, the cinephiles attending that year’s edition of Expo Montreal were left with the experience of a lifetime, having been submerged into a new dimension of film-making. Radúz Činčera’s vision brought the audiences a new perspective, as his... More



    The Risk of Poverty by Age-Groups in Romania

    The Risk of Poverty by Age-Groups in RomaniaHistory, on the verge of repeating itself after ten years

    No. 23, May.-Jun. 2020

    The risk of poverty recorded in Romania for the entire population was higher in 2019 than in 2008, according to data published by Eurostat. Almost one in four Romanians (23.8%) had an equivalent level of disposable income less than 60%... More



    Centuries of “Concrete”-Solid Discoveries of the Humankind: From Building the Roman Empire Towards Contemporary Buildings

    Centuries of “Concrete”-Solid Discoveries of the Humankind: From Building the Roman Empire Towards Contemporary BuildingsMIND(s that filled) THE GAP(s) [X]

    No. 23, May.-Jun. 2020

    Have you ever questioned what lies at the basis of the so-called highly-developed cities, at the foundation of the tallest buildings worldwide or how the infrastructure came to life? The answer is directed towards… concrete. It built the modern world... More



    WaitSafe in the Pandemic: How to Fluently Reconcile Social Distancing with Personal Mobility

    WaitSafe in the Pandemic: How to Fluently Reconcile Social Distancing with Personal MobilityMIND(s that filled) THE GAP(s) [IX]

    No. 23, May.-Jun. 2020

    The easing of the lockdown ignited with the advent of COVID-19 pandemic is still subject to strict conditions, as communities need to accommodate sanitary safety concerns with solutions for the freedom of movement for individuals, as the latter is a... More



    The Press – Social “Mediator” or “Instigator”?

    The Press – Social “Mediator” or “Instigator”?

    No. 23, May.-Jun. 2020

    On the 3rd of May we celebrate World Press Freedom Day. The power of the Press (hereinafter deliberately written with capital P, in speaking precisely of its societal vocation) and its impact on the average citizen and on the wider masses of the people is... More



    More than a Fifth of Romanians Are Employed by Multinationals

    More than a Fifth of Romanians Are Employed by MultinationalsFrance Took over from Germany

    No. 23, May.-Jun. 2020

    Germany (16.6%), France (12.4%) and Italy (9.2%) are the countries that hold the largest share in the Romanian economy by the number of employees operating in 80,591 groups of enterprises, according to the data processed and... More



    COVID-19’s Distributions and Balances of Power

    COVID-19’s Distributions and Balances of PowerProfessor CEZAR MEREUȚĂ: “Understanding this is the new challenge the most powerful leaders in the world have to face”

    No. 23, May.-Jun. 2020

    Who would have thought that precisely the most powerful countries on the planet, which invested the most in their health systems, registered the most cases of contamination with the new coronavirus? Well, an analysis by Professor Cezar... More



    The Romanian Government’s Underwhelming Response to the COVID-19 Crisis

    The Romanian Government’s Underwhelming Response to the COVID-19 Crisis

    No. 23, May.-Jun. 2020

    The Romanian Government’s response to the COVID-19 crisis has nothing exceptional, no original idea, no single individualized policy, no special or particular focus. If Sweden, no matter how controversial, dared to pursue an individualized strategy... More



    European (Dis)Integration During Pandemics

    European (Dis)Integration During PandemicsLessons for EU members about the convergence of interests

    No. 23, May.-Jun. 2020

    The big aspirations of “Unity in diversity” within European speeches seem to fade, as the supranational gathering around connection and cooperation is now, in the context of the pandemic, an ideal with less commitment than before... More



    Romania – the Fourth EU Economy in the Share of Foreign Capital Enterprises

    Romania – the Fourth EU Economy in the Share of Foreign Capital EnterprisesAnd an Interesting Paradox

    No. 23, May.-Jun. 2020

    Romania ranks fourth among EU Member States in terms of the share in gross value added (GVA) of enterprises with foreign capital (controlled from abroad) – FCE –, according to a study published by Eurostat, based on data from 2017... More



    Pandemic: How to Avoid What Is Worse

    Pandemic: How to Avoid What Is Worse

    No. 23, May.-Jun. 2020

    In addition to major health issues, COVID-19 creates major economic problems. The risk of a deep global recession is very high. It is a shock that reduces supply, especially through the shock on the labour force, through illness or social... More



    A Primer on Political Economy

    A Primer on Political Economy

    No. 23, May.-Jun. 2020

    Economist Walter E. Williams learned a principle of success by missing lunch. “At 13, I was a typical barbarian growing up in the slums of Philadelphia”, he recalls. “My mother supported us by working as a maid. Frivolous consumption often meant... More



    MORE ARTICLES

    Man, Mansion, and Motion (I)

    Man, Mansion, and Motion (I) A Forward History of Homesteading and Horsepowering

    No. 5-6, May.-Aug. 2017

    Known as one of the economic foundations, human action, as stated by Ludwig von Mises, refers to action as any process which is based on a certain purpose and conscious behaviour. In order for the action to be done, people employ particular means, mechanisms, tools or other helpful implements. However, those tools are not necessary for men to act. Action can be exercised with or without additional equipment. David Gordon further details the action axiom in An Introduction to Economic Reasoning and outlines that actions are not necessarily linked to physical movement. The process of acting can be done either with mobility and motility (a case in which examples are more than obvious) or with no physical movement on the part of the subject. An action can be performed without physical movement if it passes the self-consciousness filter and aims towards an increase in utility. For example, being in a waiting room, a seated man can stand up (which is an action realized through movement) or can stay down (which is also an action as staying is done deliberately and consciously in order to rest his feet). As long as voluntarily not moving involves further consequences, the action still takes place. More

    The Reconstruction of the National Defense Industry, a Historic Opportunity

    The Reconstruction of the National Defense Industry, a Historic Opportunity

    No. 5-6, May.-Aug. 2017

    Prior to 1989, the defense industry in Romania was an important contributor to the state budget, bringing in hundreds of millions of dollars and providing extensive employment. At that time, Romania ranked ninth in the world in terms of export of armament. In the early 1980s, Romania exported arms worth $670 million. More than that, two thirds of the armament and ammunition required by the Romanian Armed Forces were covered by internal production, which is an important security factor in a country’s ability to sustain a prolonged conflict. More

    Telecommute and Video Games – On the Future of Work

    Telecommute and Video Games – On the Future of Work

    No. 5-6, May.-Aug. 2017

    Today, many new paths are being created towards financial security and professional accomplishments. The market allows for numerous choices. And the effects are seen throughout society. Certain people love jobs which involve a lot of traveling. Some, on the contrary, prefer to be in an office environment. Others want or need to stay at home. Those in the latter category, however, sometimes dread losing their income or are worried that they will miss out on professional achievements. They may even be concerned that society will look down on them for not working, which happens, perhaps more often than previously thought.  More

    Womenomics – Is It Worth Talking About Gender?

    Womenomics – Is It Worth Talking About Gender?

    No. 5-6, May.-Aug. 2017

    Women Prime Ministers and Presidents are no longer newsworthy. At least not everywhere. Company presidents are so many that, again, the gender of a company’s CEO is not at all a newsworthy issue. At least no one wonders that the Northern countries, Ireland and some of the others have no issues with women in business or politics and generally consider diversity in almost all areas of public life as a norm. More

    Water – the Ultimate Geostrategic Resource

    Water – the Ultimate Geostrategic Resource

    No. 5-6, May.-Aug. 2017

    Water resources are a vital substrate and precondition of life and human development has increased this importance, by introducing considerations of agriculture, economics, industry (especially metallurgy) and energy extraction. Where there is a shortage of water, competition for limited supplies may cause nations to consider access to water as a matter of national security and act accordingly. History is abundant in examples of competitions and disputes over cross-border freshwater resources, which in John Waterbury's (1979) vision is called hydropolitics. More

    The Private Academy

    The Private Academy And the “lost tools of learning”

    No. 5-6, May.-Aug. 2017

    The Private Academy (www.academiaprivata.ro) is a purely private educational project. Initiated in the fall of 2015, it was meant as an alternative set up to recover the spirit of authentic education, devoid of official accreditations and useless stencils, and at the same time not dependent on captive clienteles. The idea behind it was that maybe there are people who still believe that education is a good thing that must be acquired not for diplomas or formalities, but for its intrinsic value. Likewise, maybe there are people who think education is a good thing and who believe that they have something to offer in this respect. The only genuine reform of education is to bring those categories together. More

    The European Construction. Intellectual Project vs. Emergence

    The European Construction. Intellectual Project vs. Emergence

    No. 5-6, May.-Aug. 2017

    Society is a component element of Popper’s third world, i.e., of the world formed by objectivizing the content of thoughts (ideas, theories, desirability, etc.), which is achieved mostly by social action. This means that the social “objects” (therefore the economic “objects” too) appear, become and disappear only by social action. One may say that the social ontology is, simply, the effect of the social praxeology, that society is a political product (supra-individual cause and effect). Therefore, the social construction is a teleological construction obtained by completing the universal causes (material, efficient, formal) with the final cause (purpose). Being a teleological construction, the social construction is an intellectual construction (intellectual project), therefore a normative process, not a natural process (as one of the parents of the European construction, Robert Schuman, believed). More

    Do Not Miss the EU’s Ringing Bell!

    Do Not Miss the EU’s Ringing Bell!

    No. 5-6, May.-Aug. 2017

    Romania has to comply quite quickly with the documents produced and published by the European Commission with regard to the future of the European Union. As authors, we are advancing some proposals according to which Romanian policymakers should see the reformation of the EU as a good opportunity to match the country’s future with the EU’s destiny. We are advocating for immediate steps to be taken if Romania will effectively contribute to a more united Union with Romania in it. All European partners should consider seriously the principles of solidarity and cohesion and sharing responsibilities for a stronger Europe. The disrespect these stakeholders felt during the last crisis was echoing in the lack of political discipline in many economic and social engagements regarding the EU as a whole and every member state individually. Romania has to take the opportunity to be closer to the decision-making process within the EU, thinking seriously about becoming a member of the Eurozone by joining the Banking Union and adopting the euro.  More

    Euro Adoption: Chance and Challenge for Romania

    Euro Adoption: Chance and Challenge for Romania

    No. 5-6, May.-Aug. 2017

    Like the other Central and Eastern European countries, Romania committed itself to adopting the euro as soon as it will meet the necessary conditions. The candidates have, however, a considerably large margin of manoeuvre in determining the moment when they will adopt the euro. Especially two accession criteria to the Monetary Union – harmonization of the legal framework with the Eurozone standards and the prior participation in the European Exchange Rate Mechanism II (ERM) – are entirely under the sovereign control of the states. On the other hand, the institutions of the Eurozone have an important role in the euro adoption process, notably when it comes to assessing the extent to which a certain country is ready to participate in the ERM II. More

    Horror Vacui: The Crisis of Meaning of the Globalized World, as Demonstrated by the EU. A Jungian Approach

    Horror Vacui: The Crisis of Meaning of the Globalized World, as Demonstrated by the EU. A Jungian Approach

    No. 5-6, May.-Aug. 2017

    What does globalization mean? But actually, is there any meaning to it? If not, could one be edified? By whom, on what grounds, how and, after all, why would it matter? I will partly explore all these questions, with special regard to the European Union and, maybe surprisingly, on the grounds of Jungian analytical psychology (with some tints of phenomenology and hermeneutics).  More

    Can Prosperity Be a Catalyst for Integration?

    Can Prosperity Be a Catalyst for Integration?

    No. 5-6, May.-Aug. 2017

    More and more, in every segment of society, it has become clearer that the dimensions of societal progress must be better understood. As growth and development proved to be less relevant to measure societal progress, experts and decision-makers consider that another concept could be more relevant, namely economic prosperity. In the equation of the new concept, in addition to the economic dimension of development, the social one becomes essential. Reducing discrepancies across member states has always been one of the objectives of integration, but the evolution of each economy made it more difficult for the European entity to reach this goal. Another assumption is that European citizens consider that the European project started to undergo certain changes, a “social deficit”, so it is imperative to define the elements of the new social dimension of the Economic and Monetary Union.  More

    Does the European Union Pursue a Neo-Protectionist Trade Policy?

    Does the European Union Pursue a Neo-Protectionist Trade Policy?

    No. 5-6, May.-Aug. 2017

    With the advancement of the multilateral negotiations, which resulted in a significant reduction in the level of customs duties and other measures implemented at the border, traditional means of protection have become less important in the public policy equation adopted and implemented by the economic powers. These paradigm shifts have created a favourable framework for the proliferation of non-tariff measures, which have gained a significant influence on trade flows. The main analytical objective of this article is to analyse the trade policy of the EU, bringing to the fore the trend of restricting trade flows with third countries. There is some evidence that, in the 21st century, the trade policy of the EU continues to have a flavour of neo-protectionism, with the trend of restricting trade flows gradually increasing, calling into question the achievement of the desideratum of multilateral trade liberalization.  More

    The Worrisome EU Defense Union

    The Worrisome EU Defense Union

    No. 5-6, May.-Aug. 2017

    In 2016, the EU put forward a new vision and a new plan for a “Defense Union”. The proposals are supported mainly by France and Germany – Europe’s most notable military powers. France and Germany are also the two major continental contributors to NATO’s defense system. Presently, both of these European states look for a more substantial “European defense” structure by and for Europeans, but certainly not excluding NATO. While the French loudly claim that the current EU proposal was initially a French one, the German side has more interest in its success. The team of France and Germany is mainly an alliance of common pragmatic interests rather than of a common political will. Germany’s defense industry is in a better situation, while the French one is hindered by the country’s stagnating economy (i.e., the French deficit issue due to EU’s macroeconomic governance requirements). More

    Fortress Europe under Siege: The Ongoing Refugee Crisis

    Fortress Europe under Siege: The Ongoing Refugee Crisis

    No. 5-6, May.-Aug. 2017

    The term “Fortress Europe” was used during World War II to denote European territories occupied by Nazi forces, as well as military operations conducted by the British military against mainland targets in Germany. It was also used by Britain’s enemy, Nazi Germany, to refer to its goal of conquering the entirety of Europe so as to create an impenetrable powerbase. After the war ended, the term was used in the context of the European Union’s policies on immigration, border control and trade matters, with positive connotations for conservative factions opposing migration and negative for the more open factions.  More

    The European Union Is in a Limbo of Its Own Making

    The European Union Is in a Limbo of Its Own Making

    No. 5-6, May.-Aug. 2017

    The current woes of the European Union are intentionally treated superficially or obtusely in public discourse, as it also emanates from the prestige media which generally co-opts European elites to its worldview, even when they nominally disagree with specific policy prescriptions. Beyond the crisis of the moment and the tendency to transform everything into a morality play involving good and noble Europeanists and regressive nationalists, there are specific factors of its own making which hinder the EU’s adaptive processes and make it increasingly likely that the project may founder. Whether it does so under the blows of an unknown or unremarked crisis or threat (as most empires do), or whether it will simply strain under the accumulated errors and stresses of a thousand bad policy compromises, one should dismiss the “illusion of inevitability” that accompanies public discourse on globalization in general and EU regionalism in particular.  More

    Three Unions in a (Life)Boat

    Three Unions in a (Life)Boat Lessons for the Europeans, from the Americans and the Soviets

    No. 5-6, May.-Aug. 2017

    The unions of states, in their either federalist or inter-governmental setting, are portrayed in economics and political science literature, by certain scholars and pundits, as quasi-romantic stories and, by others, as purely-cynical undertakings: they are, for the first, expressions of common destinies, while for the second, mere cartels of political exploitation. Though, beyond charitable or circumspect translation of state gatherings, the undeniable facts are that the state, as an organization of humans, has a maximizing logic and that this logic is exercised as the monopoly of (legitimate?) violence with the privilege of (unconsented?) expropriation, by taxation, regulation and inflationary redistribution of purchasing power. The maximization logic of the state (apparatus) – rightly de-homogenized from the rest of society – leads to a triple choice: to increase domestic exploitation, to expand abroad, or both. More

    Banks as Money Labs

    Banks as Money Labs Mervyn King, The End of Alchemy

    No. 5-6, May.-Aug. 2017

    A year has passed since the publishing of Mervyn King’s book The End of Alchemy. Money, Banking and the Future of the Global Economy, by Little Brown, London. Why, then, review it today? As readers will see for themselves, the book is definitely topical, not only as money and banks and global economy are leading characters on the world stage, but also as it is written in such a manner as to allow the (un)initiated peruser to gain (further, deeper) insight into the intricacies of world economy and how it came to be what it is today. More

    Food Wars

    Food Wars

    No. 5-6, May.-Aug. 2017

    ‘May the force be with you’, and it’s not Anakin Skywalker who possesses it, but it looks like you’d rather find it in old grandma’s cooking book. Dishes seem to have historically had the power not only to feed hungry stomachs and greedy souls, but also to beget monstrous diplomatic disharmonies. Not that it necessarily came to weapon-like conflicts, but still enough on the plate to leaven in a sourdough of cultural schisms.  More

    The Youth Atlantic Treaty Association and Its Role in Promoting Euro-Atlantic Values

    The Youth Atlantic Treaty Association and Its Role in Promoting Euro-Atlantic Values

    No. 5-6, May.-Aug. 2017

    The Youth Atlantic Treaty Association (YATA) is a network of young professionals and academics who are interested in international security policies. YATA consists of 36 member organizations or so-called National Chapters, all of which are the youth wings of established NGOs in their respective countries. These NGOs act as the national chapters of YATA’s parent organization, the Atlantic Treaty Association (ATA). YATA’s vision is to be the leading youth network to foster the values of democracy, rule of law, liberty, peace and security, and reinforce the transatlantic link. More

    Building Civil Society Resilience in the Baltics

    Building Civil Society Resilience in the Baltics

    No. 5-6, May.-Aug. 2017

    The Estonian Atlantic Treaty Association (EATA) is part of the Atlantic Treaty Association family of organizations. Being established in 2001, the main purpose was to prepare Estonian society to join NATO by introducing NATO as an organization and its values to the people. After joining NATO in 2004, EATA’s activities have been very closely related to NATOs public diplomacy and promoting NATO among the Estonian people. More

    Challenges and Opportunities for the Future of Competitiveness

    Challenges and Opportunities for the Future of Competitiveness

    No. 5-6, May.-Aug. 2017

    Discussing competitiveness is both a challenge and an act of courage. Nonetheless, approaching a new perspective in this matter literally means walking into the lion’s den.Tackling such a challenge was a consequence of the subtitle of the Sectorial Operational Programme “Increasing Economic Competitiveness”, namely “Investing in your future” (structural instruments 2007-2013). This was the main instrument to bring into being the second specific priority of the National Strategic Reference Framework (2007-2013) – long-term improvement of the economic competitiveness in Romania – an aspect, which is covered by the National Development Plan as well. More

    “America’s Subprime-acy” in Retrospect

    “America’s Subprime-acy” in Retrospect (A decade after the first signs of another wasted crisis)

    No. 5-6, May.-Aug. 2017

    Almost ten years have passed since the first symptoms of America’s subprime crisis emerged, yet the lessons of the “age of turbulence” remained unabsorbed by the great public. People devoured semi-explanations imputing the crisis to epidemics of greed and/or stupidity, ignoring the white elephant in the room: the flawed design of the modern finance & banking system. More

    Understanding Sudanese and South Sudanese “National Dialogues”

    Understanding Sudanese and South Sudanese “National Dialogues”

    No. 5-6, May.-Aug. 2017

    Assessing the conduct and results of the recent National Dialogue in Sudan, and its current variation in South Sudan, reveals a lot about the countries’ political culture(s). The division of the biggest African state into an Arab-dominated, Muslim-majority North and the African, Animist-and-Christian South, completed in 2011, did not stop the flow of models of political “ways of doing things”. In many aspects, borrowing the neighbour’s ideas remains a natural choice.  More

    Saudi Arabia and the New Middle East

    Saudi Arabia and the New Middle East

    No. 5-6, May.-Aug. 2017

    The Arab Spring, also known as the Jasmine Revolution, represents a series of protests that embraced the Middle East and North Africa (MENA), since the end of 2010, resulting in the collapse of certain authoritarian regimes in the region. In practice, the Arab Spring was externally regarded by Riyadh as a threat to its strategic security, potentially undermining its regional influence, as well as the Saudi alliances More

    Rendez-vous in Paris: Trump vs. Macron, Round No. 4

    Rendez-vous in Paris: Trump vs. Macron, Round No. 4

    No. 5-6, May.-Aug. 2017

    Paris sera toujours Paris, as the title of a famous song rightfully acknowledges: traditionally a land of grace and sophistication that inspired poets and artists for centuries, and the shiniest jewel in Europe’s crown, which, through its charme et charactere, can impress everyone who happens to be its guest, including world famous political leaders. Recently, it hosted one of the most important events on the current international relations agenda, namely a high-level meeting between the newly elected chef d'État of the French Republic, the young Emmanuel Macron, and the President of the United States, an already controversial figure, although relatively new in his position as well, Donald J. Trump. After their first three meetings at the NATO and G7 summits in May, and at the G20 summit in early July, during which each of them has been trying to tilt the balance of power, Macron invited Trump over on Bastille Day to celebrate and extend France’s thanks on the occasion of the 100th anniversary of the US entry in the First World War. The anniversary was an excellent pretext for the two to get together and talk real politics, settle disagreements and figure out common approaches to the most important international problems, such as terrorism and climate change. More

    North Korea: “Reading the Tea Leaves”

    North Korea: “Reading the Tea Leaves”

    No. 5-6, May.-Aug. 2017

    The “hermit kingdom” of North Korea is back in the news, at the center of a new round of exchanges of bellicose declarations, underpinned by failed tests for intercontinental ballistic missiles (ICBMs) that, nevertheless, show the impressive progress of the country’s indigenous program. The missile capabilities are meant to provide a delivery device for the country’s nuclear weapons, the other great program beset by a string of failures and shoestring successes. Western observers are now attempting to “read the tea leaves” in order to predict when the country will have achieved the ability to threaten the continental United States, while the threat to its immediate neighbors, South Korea and Japan, remains real but uncertain. The weapon systems involved are complex and, as has been suggested of the recent failed test, prone to cyber-attacks and sabotage through the component supply chain. Rather, the immediate threat to a country like South Korea is all of the conventional artillery pointed at its capital, which would make flattening Seoul in a matter of hours a foregone proposition. With Donald Trump at the helm of the US and sending carrier groups in the vicinity, a man given to grand gestures as negotiating bids, the latest tensions with North Korea seem momentous, as if some form of denouement to the regime in Pyongyang is looming. The form it would take is critical to its neighbors, who fear both the ways in which the country can lash out violently, as well as the consequences of a collapse of power, such as millions of refugees trying to cross land borders or internecine warfare.  More

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    Amfiteatru Economic

    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).

    More
    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.

    More
    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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