European Regional Science Association
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European Regional Science Association
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The abstract for paper number 232:
Adriana Grigorescu, Eurouniversity Dragan Lugoj, Bucharest, Romania, Constantin Bob, Academy of Economic Studies Bucharest, Bucharest, Romania
Stategic Model of Romania’s Ecomony Integration in European Union
Romania as the others Eastern European countries follows the procedure of the European Integration, through the negotiations on running. The European Commission had settled a system of rules and indicators to be agreed and achieved by the nominated countries. At the same time each country established his one development strategy.
There is not doubt that the harmonization between the national and European objective is the main solution of the possible future economic sustainable development and quality of life growth.
The various forms of economic cooperation and international trade are so many channels for the Romanian economy to connect itself to European and International Economy. That is why, by making use of R&D (Research & Development) cooperation mechanisms, Romania could access - even in times of transition but with the help of its national highly qualified labor force - peak technology sectors.
By developing production capacities in cooperation with companies from the European Union, Romania’s affordable (cheap) labor, natural resources, commercial facilities could be driven to the technology of the third millennium. Cooperation with regard to marketing and sales is leading to the integration of the Romanian market into the European one, increasing the awareness of market requests and improving negotiation skills.
High technology, new technique, trade under the auspices of international competition are steering the capitalization and management of natural, human, financial and information resources, facilitating both the integration processes and the economic and social development.
The classification based on added value products is more and more light up by the scientist and researchers and at the same time the practice is looking for new approaches and solutions.
The Romania Foreign Trade Center is the expression of this concerns and has the objectives to issue the national trade strategies, based on the harmonization of macro and mondo-economy aims, to support and to promote the Romanian producers under the concept of sustainable development.
The paper aim to define a strategic model of Romania’s Economy integration in the European Economic Community through foreign trade.
Unfortunately full paper has not been submitted.