IDEAS home Printed from https://ideas.repec.org/a/jes/wpaper/y2015v7i2ap519-530.html
   My bibliography  Save this article

The Reconfiguration Of The Contemporary World Economic Order. Determining The Position Of The European Union Within The Hierarchy Of Power Centres

Author

Listed:
  • Larisa LUCHIAN

    () (Alexandru Ioan Cuza University of Iasi, Romania)

Abstract

The hereby study offers an ensemble image upon the effects of the contemporary economic order and reconfiguration of the European Union. In this light, we wish to stress the main tendencies of the current world conjunction, the economic, politic and geostrategic opportunities and challenges, as well as the factors that contributed to the affirmation of the European Union on the global economic scene. In order to determine the position that European Union occupies in the hierarchy of the power centres, we analysed the main indexes of economic growth, the impact of politics and reforms upon the integration process, the effect of the global crises upon the European structure and the existent discrepancies between different regions of the European Union. The main conclusion drawn from this study is that, by aspiring to the status of a superpower and trying to affirm itself as an economic and politic individuality, able to sustain its own visions and protects its own interests, the European Union should aim to become a political global force. However, it is hard to achieve that since the European Union lacks an internal cohesion and the required capabilities in order to develop a global policy.

Suggested Citation

  • Larisa LUCHIAN, 2015. "The Reconfiguration Of The Contemporary World Economic Order. Determining The Position Of The European Union Within The Hierarchy Of Power Centres," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 7(2a), pages 519-530, September.
  • Handle: RePEc:jes:wpaper:y:2015:v:7:i:2a:p:519-530
    as

    Download full text from publisher

    File URL: http://ceswp.uaic.ro/articles/CESWP2015_VII2A_LUC.pdf
    Download Restriction: no

    More about this item

    Keywords

    power centre; integration; economic order; global force;

    JEL classification:

    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects
    • P52 - Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jes:wpaper:y:2015:v:7:i:2a:p:519-530. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alupului Ciprian). General contact details of provider: http://edirc.repec.org/data/csjesro.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.