In the current world situation, regional integration processes place in parallel with globalization, both representing not an end in itself but the way to achieve national interests. Thus, for U.S. economic interests prevail in societies transnational; for Japan's economic interests were...

This paper analyses how adjustment dynamics, in an environment with some degree of price and wage rigidity, may create and strengthen asymmetric developments in a monetary union. It presents a simple illustrative model of adjustment dynamics that reproduces quite nicely actual developments in...

To what extent did systemic research/academic failure contribute to an inability to anticipate or effectively mitigate the consequences of the COVID-19 outbreak? This paper makes the argument that we have failed to adequately innovate the research system and its processes- and have failed over...

Theories of economic integration refer to the benefits of creating a free trade area (trade creation effect, the effect of shifting trade flows). While observing the economic reality, it seems that it is difficult to limit the benefits of integration agreements only to the issues of foreign...

In the current discussion on the future of CAP after 2020, not much is being said on the issues of real importance for agriculture and rural development in the EU Member States. The EU exposes mainly the passive protection and simplification tasks. No expansion vision is in place. We may assume...

The North-Western region has a national relevance for the crop production, due to the gain brought to the oats yield, covering almost 20% of the total oat yield. Yield increase took place especially amid increasing yields per hectare, more than 30% for winter wheat and about 20% for barley and...

An almost unanimously accepted issue is that the path to competitiveness of economies, whose companies are exposed to international competition, goes through innovation. This enables companies to adapt quickly to the pace of the technological change, in order to increase competitiveness. This...

The energy sector is one of the most important economic sectors, so an appropriate orientation of the strategies in this sector represents a vital element for the sustainable development of society. Problems associated to GHG emissions, especially carbon dioxide emissions, resulting from fossil...

In 2009 the euro entered a crisis from which it has yet to emerge. It has led to increased social tensions across the Eurozone and even speculation that the euro might break up. Against this background this paper sets out to re-examine the Hard ECU, the British government's 1990 alternative to...