Theory and practice on Romania’s role in the globalization process

Abstract:

This research paper is targeted towards the globalization process in general and Romania’s evolution in particular, and tries to present how the globalization process can help developing countries to reduce their gap between them and advanced economies. The main idea is that this study emphasizes also how globalization could represent an accelerated way to forget communism and embrace the open market economy also known as the capitalist system. To understand the strong link between globalization and economic development for ex-communist countries, the paper inserts in the spotlight Romania’s case and highlights the processes that accelerated the development of these countries, for example Poland’s case of perfect sustainability in its evolutionary process towards it being a developed country.