Revista OEconomica

Raluca-Georgiana ROBU, Maria GHEORGHE (NIŢU), Valentin COJANU, Alexia-Maria POPESCU - Between Opportunity and Dependency: The Evolution of Romania’s Trade with Asian Economies [Între oportunitate şi dependenţă: evoluţia comerţului României cu economiile asiatice]

Narciz BĂLĂŞOIU, Octavian-Dragomir JORA, Răzvan Marian PÎRCĂLĂBESCU - Romania’s Positioning and Room for Manoeuvre: The Dilemmas of Peripheral Adaptation in the New Indo-Pacific [Poziţionarea şi marjele de manevră ale României: dilemele adaptării periferice în noul Indo-Pacific]

Mădălina JURUBIțĂ - Redefining EU Trade Policy for an Age of Geoeconomic Rivalry: Strategic Autonomy, Security, and Resilience

Geicun MUSTAFA - Islamophobia as an Informal Trade Barrier: Reputational Risk and the Political Economy of Deglobalization

Hesam JEBELI-BAKHT-ARA - Racialized Capitalism and Economic Discrimination: The Case of Ethnic Labour Segmentation in Contemporary Europe

Articles on Issue Theme

Sarmiza PENCEA

Institutul de Economie Mondială, Academia Română

Irrespective of their size, companies seem to be more efficient when they compete with one another, and more creative when they co-operate. This explains the birth of a “new” economic structure, the cluster, where similar or vertically-linked companies, universities, research labs and other private or public institutions geographically stick together. By clustering they get economies of scale, cut costs, make better use of resources, exchange information and experience, improve quality, innovation, skills, productivity. This paper shows why clusters can raise competitiveness and how they should be fostered by industrial policy interventions.