0000000000773096
AUTHOR
Cristina Elena Popa
showing 3 related works from this author
The Challenges of the Schengen Area
2016
After focusing on the Euro crisis, European leaders are now struggling with the biggest migrant crisis since Second World War. Up to now, over 1.1 million migrants have requested protection in Europe, and their number is growing every day. The functioning of the Schengen area is in danger due to control deficiencies at external borders. As it’s facing this challenge, the EU is constantly seeking solutions designed to restore the proper functioning of the system and prevent its collapse.
The Impact of China’s “Belt and Road Initiative” on the European Union
2018
After introducing the 1978 reforms, China shifted from a centrally-planned to a market-based economy. The success of these economic reforms has been immense, as today China has become a leading player in the world’s economy. In order to achieve the goal of becoming the world’s biggest superpower within the next 30 years, China’s 13th Five Year Plan (2016–2020) increased the government’s focus on innovation, with particular emphasis on infrastructure development. In this article, we have analyzed the impact of China’s “Belt and Road Initiative” on the European Union. China’s investments have a positive impact on the economic growth of the EU member countries, as they provide new jobs, capita…
U.S. Protectionism on the Rise
2019
A burning topic today is the freedom of international trade, namely the degree of intervention of the state in the economy. Like most of the developed countries, the U.S. got rich and promoted its young industries by applying tariffs and quotas. Protectionist measures proved to be beneficial in the short term, but if prolonged, they are likely to discourage trade and confer too much power to the state. The U.S. President Donald Trump has decided to turn from free and open trade toward so-called fair trade based on "America first" policy. Thus, the U.S. free trade began to lose the fight with economic protectionism, and national interest gained ground at the expense of economic cooperation. …