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The World Order Challenges and the Main Risks of European Integration

Author

Listed:
  • Simona Moagăr Poladian

    (Institute for World Economy)

Abstract

This paper is dedicated to the World Economic Order and to its evolution since the end of the Second World War, while showing its influence on the European Union's position as one of the key global actors. The author highlights also the new phase of the Global Order and the main forces that drive a new system of international relations under the strength of regionalization. At the same time, the position of the EU under the pressure of the main challenging forces has been analysed by the author, after more than 15 years since the eruption and spreading of the deepest financial international crises of the last century. The 2008 international financial crash and the post-crisis period embodied a seismic shock to the world economy in the form of a deep economic recession. It is important in the rapidly changing world that the EU Member States take the necessary measures to increase their competitiveness position in the world.

Suggested Citation

  • Simona Moagăr Poladian, 2023. "The World Order Challenges and the Main Risks of European Integration," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 11(2), pages 7-12, December.
    • Handle: RePEc:ntu:ntugeo:vol11-iss2-7-12
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    File URL: http://www.globeco.ro/wp-content/uploads/vol/split/vol_11_no_2/geo_2023_vol11_no2_art_001.pdf
    File Function: First version, 2023
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    More about this item

    Keywords

    New World Economic Order; Trade; Integration; Liberalization; Technological Innovations;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F15 - International Economics - - Trade - - - Economic Integration
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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