Revista OEconomica

Tudor Constantin BĂLAN - Cycles of Freedom: Are Our Rights Today Permanently Secured, or Are We in a Transitional Phase? The Cases of Great Britain, the United States, and Russia

Marius-Cristian PANĂ, Adela BĂLAN - Economic Freedom and Prosperity: A Comparative Analysis of Welfare Determinants at the International Level

Ana Octavia ALBU - When Accurate Forecasts Still Produce Waste: Demand Shocks and Over-Forecasting Risk in Food Retail

Adrian-Ioan DAMOC - The Persian Pivot and the Reconfiguration of Geopolitical Realism: Iran and Venezuela in Strategic Competition among the United States, China, and Russia

Emmanuel Olusegun STOBER - Coercive Diplomacy in the Gulf and the Limits of the Strike-Forward Strategy: Toward a Middle-Power Coalition for Regional Stability

Sorin-Nicolae CURCĂ - On the Informational Entropy of Economic Shock

Florin DĂNESCU - The Banking Sector as Critical Infrastructure in the Logic of Hybrid Conflict: Post-2014 Legislative Convergence in Central and Eastern Europe and the Case of Romania

Alexandru POPOVICI - The Contribution of the Music Industry to GDP and Employment: A Comparative Analysis

Mohammed AL-NASSERY - Implications of the War in the Middle East: An Analysis of the Economic, Security, Humanitarian, and Political Dimensions

Mihai LĂCĂTUŞ - GDP as a Means, Not an End: Inequality as the Missing Variable in Fiscal Policy Design – A 60-Country Analysis of Economic Growth and Subjective Well-Being

Articles on Issue Theme

Mihai Răzvan NEDELCU

Academia de Studii Economice din Bucureşti

This paper’s aim is to analyse the new foreign policy focus of the British Government in a post-Brexit world. While the new approach, presented in the Parliament in 2021, known as “Global Britain in a competitive age”, may seem somewhat distant to the globalized world of the 21st century and more appealing to the imperialist past of the island nation, the truth can be far from that. Relations with the European Union may be colder than what they used to be, but the world does not end with the Mediterranean or the Urals. In this paper, I will attempt to answer the question regarding Britain’s place in the world and whether or not is it capable of displaying power while taking advantage of its old network of allies.

ŒCONOMICA no. 3/2021

Keywords: Great Britain, Brexit, diplomacy, geostrategy, power, globalisation

JEL: F50, F54, F59

Global Britain – Between “Gunboat Diplomacy” and “Soft Power Superpower”

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