From National Independence to International Integration: Europe and Romania
Holistic Marketing Management Journal, 2017, vol. 7, issue 1, 07-11
In the process of globalization, some countries and their inhabitants do progress and prosper while others are left further behind. And here is where national governments still have an important role to play because they can enact policies that no corporation can. Thus, governments should keep a balance between international interests, local businesses, and the general population. There is a strong link between political decisions and economic activities. In order to prosper, a country needs honest and competent political leaders and good economic specialists. And they must act together keeping in mind the national interests of the country and the needs of the people. The case of Romania is complex and a true analysis of the transition from a command economy to a market economy is beyond the scope of this paper. The situation could only improve if people elect honest political leaders who in turn appoint competent specialists to rebuild the economy. Only then could Romania aspire to a dignified place in the New World Order brought about by the process of globalization.
Keywords: Globalization; Transition; National interest; New World Order (search for similar items in EconPapers)
JEL-codes: F02 F23 R11 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:hmm:journl:v:7:y:2017:i:1:p:07-11
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