Romania in a More Globalized World

Botescu Ion ()
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Botescu Ion: “Ovidius” University of Constanza

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 20-24

Abstract: Considered by some as a factor of progress and by others as the origin of many insufficiencies, globalization is an unstoppable phenomenon of the current times. It would be counteractive from the part of many countries, not to try, under these circumstances, to use the opportunities brought by the process of globalization to their own advantage. Through the economic openness which was assumed by Romania, the country has integrated itself more and more in the world economy. The indexes upon which this openness was based have been emphasized both in their dynamic but also in comparison with other countries in this study, without excluding the vulnerabilities which threaten our countries in a more and more globalized world.

Keywords: globalization; economic openness; commercial; international commercial trade; foreign direct investments (search for similar items in EconPapers)
JEL-codes: F01 (search for similar items in EconPapers)
Date: 2012
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