In the article it is shown that current definitions of economic recessions are unsatisfactory. NBER definition of an economic recession is only qualitative, so it does not enable identifying recession unequivocally. Another often used ‘technical definition’ of a recession takes into account...

The aim of the paper is to present the economic dimension of the Europe 2020 strategy. The new strategy of European Union, was launched on 3 march 2010, as a response for economic crisis. Considerated as a new agenda for economic problem, continue, as Lisbon strategy did, to offer a new...

In order to understand the common policies implemented by European Union for ensuring the political and economical integration,it is necessary to analyze the European Union Budgetary Expenditures,which are reflections of such policies. In this study, EU budgetary expenditures during 2007-2010...

This present volume contains the papers of the international conference Ethnicity, Confession and Intercultural Dialogue at the European Union’s East Border, held in Oradea between 2nd-5th of June 2011, organized by Institute for Euroregional Studies Oradea-Debrecen, University of Oradea and...

The European Union (EU) is one of the largest recipients of outward foreign direct investment (OFDI) from emerging economies. We apply a discrete choice model to analyze the location choice of emerging market firms in the EU27. In particular, we test to what extent these firms’ location...

European cultural identity reflects both the image of homogeneity and that of cultural diversity. This double perspective gives the integration process a complex dimension which makes us take into consideration not only the European unitary ensemble but also the local, regional, or national...

The Water Framework Directive defines common objectives for water resources throughout the European Union (EU). Given this general approach to water preservation and water policy, the objective of this paper is to analyse whether common patterns of water consumption exist within Europe. In...

The approach of the European Union external border has been made on the one hand through an analysis of the concepts of external border from the point of view of official documents and the concepts introduced by authors and specialists in the field; on the other hand, it has been made through an...

This policy document analyzes the effectiveness and efficiency in allocation and use of funds from the Fifth component of the Instrument for Pre-Accession of the European Union for rural development - IPARD in Macedonia. The findings and recommendations are based on previous observations of the...

The formation of the European Union (EU) is the one of the biggest political – economic events of the last 50 years. The aim of this study is to develop EU economy functioning system dynamic model. Main research method is system dynamics. General scheme of EU economy system dynamic model is...