The paper underlines the importance of the Inward Processing Trade (IPT), supporting it by the standard examples from South East Asia. The author tries to estimate the IPT for the case of Romania using the available data and taking into considerations the benefits both in the long and short run...

The integration of the CEECs into the global network economy represents a tremendous challenge for their emerging markets. The accession to the EU is an important exercise of implementing globalization principles at a smaller scale so as to find appropriate solutions to the constraints generated...