The World Order Challenges and the Main Risks of European Integration

Simona Moagăr Poladian ()
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Simona Moagăr Poladian: Institute for World Economy

Global Economic Observer, 2023, vol. 11, issue 2, 7-12

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.

Keywords: New World Economic Order; Trade; Integration; Liberalization; Technological Innovations (search for similar items in EconPapers)
JEL-codes: F10 F15 F60 F62 O10 (search for similar items in EconPapers)
Date: 2023-12
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Persistent link: https://EconPapers.repec.org/RePEc:ntu:ntugeo:vol11-iss2-7-12

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