Articles on Issue Theme
Sarmiza PENCEA
Institutul de Economie Mondială, Academia Română
In just about one decade – of which the most recent five years were plagued by the global economic crisis – the EU - China bilateral trade developed swiftly and vigorously, by almost 400%, to become one of the most important commercial flows in global trade, with daily exchanges exceeding 1 billion euro. The paper looks at this development, both in quantitative and structural terms, highlighting the impact inflicted to it by the economic crisis, marking out some of the peculiarities of the EU - China commercial relationship, the mutual advantages and benefits shared by the two partners and, on the other hand, the inherent asperities and tensions incurred in recent years. The conclusions of this assay maintain that undoubtedly the benefits prevail for both parties, and that as long as it is fair, competition – fierce and unnerving as it might be – is the main sound driver of innovation and progress for companies and for countries alike, and, therefore, only its unfair, disrupting forms should be fought against.
ŒCONOMICA no. 2/2013
Keywords: economic crisis, bilateral trade, competition, innovation, progress
JEL: F12, F31, O31
EU - China Bilateral Trade, a Consistent Source of International Exchanges [Comerţul bilateral UE - China, un filon consistent al schimburilor internaţionale]
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Octavian-Dragomir JORA
Academia de Studii Economice din Bucureşti
Mara Andreea TUDOR
University of Chicago
Cătălin MURARAŞU
Academia de Studii Economice din Bucureşti
Ramona Iulia DIEACONESCU
Academia de Studii Economice din Bucureşti
Maria GHEORGHE (NIŢU)
Academia de Studii Economice din Bucureşti
Sorin-Nicolae CURCĂ
Academia Română
Revista ŒCONOMICA
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