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THE FORMING OF ROMANIAN NATIONAL CAPITAL

Ion Gr. Ionescu and Camelia Isabela Marcu
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Ion Gr. Ionescu: Faculty of Management in Tourism and Commerce, „Dimitrie Cantemir” Christian University, Constanta
Camelia Isabela Marcu: Virgil Madgearu” Technological High School, Constanta

SEA - Practical Application of Science, 2017, issue 15, 487-491

Abstract: The evolution of the international economic and social-politic life, after 1821 was strongly marked by visible trends and renewing action, animated by the idea of civic freedoms and feudal privileges deleting, emancipation of the peoples and nations. As an expression of the capitalist development, we assist at the constitution intensification of the global market, at the same time, with many differences in opinions, misunderstandings, disagreements and controversies, between the developed strong states, for domination. Politically, this situation has led to convolutions interstate relations, first of all, in Western Europe. Because capitalist relationships were deeply consolidated in this part of the continent, it is easy to understand that countries regarded as great powers - economic, military - were therefore acting, for domination and expansion. The level of economic freedom, as well as the rules of private property defining, have varied, from historical stage, at historical stage. However, on the territory of Romania, the penetration and the development of capitalism and its specific relations have been carried out slower, comparatively, with the West and even the center of Europe. The present study is the fruit of a profound research, through archives, libraries, published papers, periodicals, general and special works, of which, some of them have been finalized with conclusions in order to better understand the processuality and phenomenology of the capital accumulation and capital market formation, drawing of models and templates, depending on conditions and causalities, for knowing their effects.

Keywords: Feudalism; Word market; State capital; Western trade (search for similar items in EconPapers)
JEL-codes: B11 N23 P42 (search for similar items in EconPapers)
Date: 2017
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