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Economic Dynamics and Sustainable Development – Resources, Factors, Structures and Policies

Proceedings ESPERA 2015 – Part 1 and Part 2

Edited By Luminita Chivu, Constantin Ciutacu, Valeriu Ioan-Franc and Jean-Vasile Andrei

The book is dedicated to the 150th anniversary of the Romanian Academy. It contains the most valuable 100 papers presented at the International Conference «Economic Scientific Research – Theoretical, Empirical and Practical Approaches» (ESPERA 2015). The event is initiated annually by the National Institute for Economic Research «Costin C. Kirițescu» of the Romanian Academy. ESPERA aim to present and evaluate the economic scientific research portfolio as well as to argue and substantiate development strategies, including European and global best practices. ESPERA intend to become a scientific support for the conceptualization and the establishment of policies and strategies and to provide a systematic, permanent, wide and challenging dialogue within the European area of economic and social research.

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The Dark Side of Globalisation (Napoleon Pop / Valeriu Ioan-Franc)


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Napoleon Pop & Valeriu Ioan-Franc1

The Dark Side of Globalisation

Abstract: Our paper deals with actions and other problems which globalisation brought about after the crisis. The global financial crisis that started in August 2008 and still is producing territorial effects in various fields in the whole world has been accompanied by a new perception of globalisation. We were tempted to idealize globalisation and choose, with the phrase „opportunities and challenges” to deal rather with benefits of this global process; we were also ready to believe that a courageous approach to these issues would provide solutions to world problems, some identified decades ago: global warming, limited resourses for development, sustainable economic development, energy, endemic poverty, etc.

Keywords: Economic development, International economics, Globalisation, Financial aspects of economic integration, General economics, EU, Capital Markets Union, Romania

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