The study is focusing on excessive current account deficits accumulation which is endangering the perspectives of Romania’s long-term external financial position. In order to reveal the real drivers of current account balance, the development of two distinctly components of the foreign trade...

Under the circumstances of rising and persistent deficits in the Romanian foreign trade, the contribution of net exports to the GDP growth remains negative, in 2005 halving practically the domestic demand increase. One factor behind this trend is the IPT (Inward Processing Trade) which doesn’t...

The international organizations acting at world-wide scale seems unable to manage the multitude of rising problems due to the accelerated globalization and of the fast geopolitics’ shift. The world is facing growing imbalances in international trade and financial flows, deepening of social...

One of the roots of the current global imbalances resides in the asymmetry of the international trade flows under the constraints of maintaining non-tariff barriers and of protectionism revival. Trade liberalization is critical for restoring the financial global equilibrium. The study is...

This paper aims to research existing literature on the collapse of the Doha Round and its causes. The first part is a review of significant paper in the vast literature on the history of international trade from the end of the Second World War until the present, focusing especially, on the...

The World Trade Organization represents the common institutional framework to carry on the commercial relations among its members on the basis of the accepted international principles endorsed by agreements for standardization and certification, using of sanitary and phytosanitary measures,...

The protest campaign against globalization proves a public, general anxiety that, thinking deeply, is not entirely unjustified. It’t about political interests that, unfortunately, have an influence on the economic ones. Therefore, one can speak about a discrepancy between the economic...

Multinational corporations’ competitiveness is an extremely complex notion due to the fact that at the present moment this sort of companies represents continuously moving economic entities given the internationalisation process and the swift to using global strategies.

In economic literature, the competitive advantage’s relevance is still debatable.

Identification through dialectical and aristhotelic judgments of the concordance between the built analytical reality and the empirical one assures the check of the analytical economicity’s principle.