Annals of the University of Oradea: Economic Science (Apr 2008)

The impact of the controversies within the contemporary world economy onto the regional economic integration and international trade

  • Giurgiu Adriana

Journal volume & issue
Vol. 1, no. 1
pp. 313 – 317

Abstract

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Following the new position of Romania as a member state of the EU, I consider it imperiously necessary knowing and approaching the problem of the nowadays phenomena the world trade and the world economy are confronting, EU according to today statistics being in the top of world exporters and on the second place as importers. It is for this fact obvious, because of belonging to this integrationist group, EU position and strategy in approaching international trade relationships to have a major impact on our country’s trade orientation. In this context, taking into account the fact that economic integration represents a main component of globalization and that Romania wanted, since 1990, to be reintegrated into the international trade, theoretical globalization approach was felt necessary, as well as describing the impact of the present controversies within the world economy onto the international trade and regional economic integration processes, respectively.

Keywords