A PARADIGM OF THE NEW ECONOMY BETWEEN CONVERGENCE, COHESION AND INCREASING DISPARITIES - CHALLENGES FOR ROMANIA IN VIEW OF THE 2020 HORIZON

Cornelia Dumitru ()
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Cornelia Dumitru: Institute of National Economy, Romanian Academy

Internal Auditing and Risk Management, 2014, vol. 34, issue 1, 125-138

Abstract: High-tech, cutting-edge disciplines, innovation and research-development have entered the daily life nowadays. ‘Networks’ either dedicated to researchdevelopment or industrial, economic or social ones shall define the future, and the interaction and interference of all of the above with social and cultural networks is one of the key-elements of impact for exiting the crisis and resuming sustainable, consistent and constant economic growth at European and world level. This context, at European level is conditioned by the convergence and cohesion processes which are increasingly threatened by the considerable increase of disparities between the development level of the regions and the optimum valuation of the human capital regarding access to education, training, high-tech outcomes and products. Romania, as all other EU Member-States makes considerable efforts for reaching the objectives mentioned by the new Europe 2020 Agenda and, as result of the experience gained in the period 2007-2013 must aim to formulate some strategies, policies and measures that would take into account both the complexity of processes and phenomena that originate in the increasingly obvious effects and outcomes of the new economy.\r\n The present paper intends to present the manner in which policies and measures dedicated to reaching the objectives of the Agenda “Europe 2020” answer to the context created by the new economy and by the changed economic and social picture as result of the economic and financial crisis. A brief comparative analysis is made between Romania and Member-States sharing some common features from the perspective of the accession and integration process, of the regional disparities, but also from the viewpoint of cultural similarities.

Keywords: new economy; economic and social structures; high-tech; networking; human capital; competitiveness; Europe 2020 Agenda (search for similar items in EconPapers)
Date: 2014
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