Florin Bonciu

Romanian-American University · Education & Research

As the world economy is confronted with the urgency of climate change, the emergence of new technologies and a redefinition of the balance of power, one of the areas that attracts more and more interest is that of the hydrogen-based economy. Thepaper proposes a classification of participants into 4 categories and analyses their currentand announced...

The paper is structured in three parts: the first contains some reflections on the essence of the circular economy concept; the second reviews the European Union positions vis-à-vis the circular economy and the large scale utilization of hydrogen, with reference in particular to the most recent strategic documents (European Green Deal, EU New Indus...

In the context of climate change and increase of environmental challenges determined by human activity circular economy and other eco-friendly approaches are more and more promoted as possible solutions. The research analyzes if these approaches can be implemented in a capitalist, market based system, and proposes several possible scenarios. The co...

The paper starts from two realities of the contemporary world (the unfolding of the 4 th industrial revolution and the change of the world order) and attempts to evaluate to which extent the latter influences the former. After reviewing the possible impact of the 4 th industrial revolution on the main factors that influence the perceived power of a...

The paper analyses the opportunity, importance, implications and chances of success of one of the leading initiatives of the European Union, namely the European Pillar of Social Rights (EPSR). The conclusion is that, because of a number of economic, political and social phenomena manifested in the European Union among 2007 - 2018, such an initiativ...

The paper identifies two broad and unrelated processes that take place in contemporary world economy, the historical process of redefinition of the balance of power and spheres of influence which is characterized by the geopolitical dimension and the process of profound technological change determined by the 4th industrial revolution which is chara...

The European Union has been confronted, particularly in the past decade, with a diminishing position in the world economy in nominal terms (as percentage of world GDP), a decline of its global competitiveness and an increase in the diversity of the situations that cause troubles to its member states and regions that went far beyond the possibility...

Given the global background one may compare the world economy with a game board where the big players are usually confronting each other and quite rarely cooperating with each other. The point we want to make here is that while the big players are playing with each other, they are playing different games. For the purpose of this analysis the big pl...

The paper bases its analytical approach on two assumptions: the first refers to a significant change taking place in the contemporary world economy - the phenomenon of multipolarity - and proposes a new concept, that of multi-level manifestation of multipolarity; the second has in view the need of a new model of sustainable economic growth. In the...

The paper analyzes the impact of certain historical and meta-structural factors (such as the adoption of Western style democracy, the adoption of profit as the implicit rule of the game and the accession to the European Union as well as some global factors of influence) on the direction and manifestations of the transition process in Romania after...

Placing the current European Union crises (among them the Euro crisis, the Greek crisis and the economic crisis) into a long term perspective and taking into account the characteristics and consequences of the globalisation process, the author presents arguments to support the idea of a new approach regarding the very essence of the European integr...

The paper analyses the shift taking place in multilateral approaches to international trade following the de facto failure of Doha Round negotiations. In this new context all significant participants to international trade either already signed or are negotiating free trade agreements as an operational second best to a real multilateral regulation....

For quite some time a profound preoccupation for many economists, politicians, environmentalists, sociologists or philosophers looking towards the coming decades consisted in searching for a new paradigm of development and growth that is feasible within the given limits of planet Earth. There are already widely accepted concepts like "sustainable d...

The paper analyzes the international context in which negotiations between the European Union and United States on a Transatlantic Trade and Investment Partnership have been launched in July 2013. This context includes both the repeated failures of the Doha Round negotiations as well as the previous attempts and achievements of the European Union a...

The paper aims to analyze the concept of United States of Europe from the point of view of previous historical attempts to unite the European state entities as well as from the point of view of a comparative analysis with the United States of America. In order to establish a very clear framework of analysis from the very beginning some possible err...

The paper has in view to present the intrinsic characteristics of the European Union and to show that these characteristics require in an objective way the implementation of a multi-level governance. A comparative analysis of cohesion and competition policy of the European Union is presented from the point of view of these elements. Further on, giv...

This paper aims to analyze the role played by foreign direct investments (FDI) in the restructuring of some Central and Eastern European economies with special emphasis on Poland, Czech Republic, Slovakia, Hungary and Romania. While it is generally accepted that FDI have had a positive impact on host Central and Eastern European (CEE) economies dur...

The study “Romania and Europe – Economic gaps’ storage (1500 - 2010)”, by the historian Bogdan Murgescu brings the idea of a journey in time, documented and researched across more than five centuries, oriented towards the economic history field with numerous additions and incursions to the factual history, sociology, politics, religion, culture in...

The research objective is to determine if the state interventions (including in case of European Union member states) in their respective economies due to the international economic crisis of 2008 2009 may have as a consequence the long term undermining of the competition principles. In this context the paper analyzes the magnitude of these interve...

The paper analyzes the implications of the current global economic crisis for the decision-making mechanisms and interactions among the major players. The analysis explores the possibility that the changes implied and required by the economic crisis may lead either to better global governance or even a step closer to a possible, virtual, global gov...

The paper focuses the analysis on the relation among globalization, sustainable development and transports. The consequences of transports development on environment and energy resources exhaustion are studied against the system of crises that characterizes the world economy. As the world has to design a more efficient and stable configuration, thi...

The paper analyzes the implications of the current global economic crisis for the decision making mechanisms and interactions among the major players. The analysis explores the possibility that the changes implied and required by the economic crisis may lead either to a better global governance or even a step closer to a possible, virtual, global g...

The paper examines the main decisions made at the 24 - 25 September 2009 Pittsburg Summit of G20 and their implications on the design and implementation of a new world order. The analysis reflects the long term trends and changes in the world economy that have led to the necessity of significant changes in the institutions and procedures that gover...

The article focuses on the changes in the economic balance of power in the world economy, particularly as result of long term trends related to globalization and in correlation with the implications of the current economic crisis. The analysis is done in the framework of the G20 meeting which is attempting to design a new system of international in...

The paper analyzes the implications of some global trends and developments on the prospects of further European Union integration. The transfer of attributes from member states to community institutions is a long term process which has been confronted with numerous set-backs and re-launches. The hypothesis discussed in this paper refers to the fact...

After the enlargements of 2004 and 2007 European Union has confronted with an unprecedented increase of the development disparities. The cohesion policy for the period 2007-2013 concentrates on investments in researchdevelopment and innovation, infrastructure, industrial competitiveness, labor training, renewable energy sources and increase of ener...

Human activities have had an impact on environment since immemorial times but significant effects could be traced since about 500 years. The world is getting rapidly warmer, and there is an overwhelming consensus among the leading climate scientists that this is being caused mainly by carbon dioxide and other 'greenhouse gases' emitted by human act...

The paper analyzes the implications of the current global economic crisis for the decision making mechanisms and interactions among the major players. The analysis explores the possibility that the changes implied and required by the economic crisis may lead either to a better global governance or even a step closer to a possible, virtual, global g...

In March 2007 experts, politicians and general public had a good opportunity to reflect not only upon the achievements of the past 50 years, but also upon the prospects of the next 50 years. If one looks how the idea of “an ever closer union” of 1957 that had among the few clear objectives the establishment of a customs union materialized 50 years...

The Lisbon Treaty or Reform Treaty represent in brief the current position of the European Union member states towards the idea of European economic integration. One important characteristic of this Lisbon Treaty is the fact that it amends at the same time two previous treaties, namely the Treaty on European Union and the Treaty establishing the Eu...

The paper analyzes the recent developments in labor migration regulation in the EU and its implications for Romania as a EU member country. The new regulations will affect both Romanian economy and Romanian education system and in order to minimize these effects adequate measures have to be initiated as soon as possible.

After the end of the Second World War Japan was not only a defeated country but also a country that experienced the unimaginable shock of the atomic bombs. Despite all that, Japan succeeded to become the second economic power in the world and many people spoke about “The Japanese Miracle”. The miracle was even greater due to the fact that the count...

The paper analyzes the existing and potential impact of 2004 and 2007 enlargements on EU economy and argues that in order to increase its competitivity on the global market EU needs to deepen the liberalization of markets. More focus is put on the implications of the liberalization of the labor market and answers are found to the fears expressed in...

Purpose The purpose of this paper is to review the ways in which the regulation of the telecommunications sector has contributed to the economic development of the Romanian economy (as an example of a transition economy). Design/methodology/approach The paper takes a case study approach, considering Romanias's transition to a market economy, a des...

One may say that the European Union is a success story: it is growing and in 2004 it witnessed the most significant enlargement in its history up to now – 10 new countries have become members;two other new countries – Romania and Bulgaria – are ready to join the Union. Beyond these positive and encouraging facts the European Union seems to be confr...

One may say that the European Union is a success story: it is growing and in 2004 it witnessed the most significant enlargement in its history up to now – 10 new countries have become members;two other new countries – Romania and Bulgaria – are ready to join the Union. Beyond these positive and encouraging facts the European Union seems to be confr...

The paper analyzes the current implications of globalization on the European Union. While the EU recorded significant successes mainly in the filed of integration and enlargement, the implications of globalization seem rather worrisome. The EU – 15 member countries are facing increased competition from both developed countries and emerging countrie...

During the past months the energy issue became more and more present on the EU agenda for various reasons ranging from the consequences of EU vulnerability as an oil importer when Russia's row with Belarus hit its supplies to the gloomy implications of climate change which is clearly accelerated by current energy consumption patterns. This will inc...

The general implications of globalization as well as those resulting from 2004 and 2007 enlargements have forced EU to think seriously about approaching issues related to rigidity and stagnation in the major EU economies. The problems are well known and recognized. Their solution implies anyway to accept a number of liberal measures characterized b...

In an ideal world, characterized by the ever increasing, linear type of history described by Jacques Turgot, in case developing countries have a higher growth rate than developed ones they may catch up in a number of years that can be easily computed. Unfortunately, history has the tendency of not being linear and, the more so, of not being ever in...

Începând cu 1 mai 2004, Uniunea Europeană a cunoscut o extindere de la 15 la 25 de membri şi se defineşte ca o uniune de 25 de state, reunind circa 455 de milioane de locuitori şi producând circa 25% din PIB mondial.

This paper evaluates the performance of the FDI in Romania over the past 10 years. In this context, FDI policies in this period are evaluated. The author also analyzes the impact of the FDI on the national economy, including the regional development.

The paper aims to identify the peculiarities and some of the implications of global protectionism associated with the financial and economic crisis of 2008-2009, from both a quantitative and a qualitative point of view. The approach is based on a political economy perspective rather than an econometric one, and starts from the assumption that globa...