RJEA, Vol. 3, no. 1, March 2003

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Towards Effective and Accountable Leadership of the Union. Options and Guidelines for Reform

Wouter Coussens, Ben Crum

The success of the Convention on the future of the EU will to a great extent depend upon its answers to the institutional questions. Among these questions, the issue of EU leadership plays a crucial role. In this paper, three challenges for the re-organisation of leadership in the Union are identified:
– Union leadership has to be more effective;
– Leadership in the Union should contribute to the democratic character of the Union;
– Leadership reform should not fundamentally distort the UnionÕs institutional balance.
In view of these three challenges, the authors consider the two main strands of debate that touch upon the issue of leadership in the EU: first, the debate on the election of the Commission President and, secondly, the different proposals for reforming the Council Presidency.

Keywords: CFSP, Convention, election, European Commission, institutional balance, Union leadership

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Unele aspecte privind aplicarea legislaţiei de protecţie a concurenţei în România

Gheorghe Oprescu

Romania is trying for some time to launch the deregulation and liberalization processes, absolutely necessary for economic development. Unfortunately, many persons in Romania consider competition as a harmful force, the cause of the hardships faced by indigenous firms. Our analysis will show that competition is indeed harmful not to all but only to inefficient firms. The role assigned to competition policy is to cure market failures. These failures may spring from two sources: business activity and government regulation. The former cause of monopoly and inefficiency is dealt with by legislation, the latter by lobbying decision-makers.

Keywords: competition law, concurrencies principles, dominant position, free market institutions

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Consolidarea monetară mondială şi probleme ale tranziţiei României la moneda regională

Marin Frâncu

As the pressure of the currency consolidation increased in the years 1990, the world became aware that the world currency system, with 178 separate national currencies, became too costly, both for the domestic economies and for the world economy. The high costs and great vulnerability of the national currencies determined the financial and economic business of small open economies to move into the major currencies of the world. The euro is the first great success of a regional currency with a large potential in the international finance. Romania needs to overcome many problems to get through the stages required for the euro adoption. They range from the problem of standardising the macro and micro economic policies and adjusting the business cycle in line with the business cycle of the euro zone to the problem of putting on track the role and the functions of the national central bank according to the Eurosystem standards, of the preparing to join to the Exchange Rate Mechanism II and to meat the convergence criteria. Romania must very seriously get prepared in a shorter period of time for the advantage of adopting the euro and also for losing inter alia its national monetary policy and capital markets.

Keywords: capital movement liberalization, central bank, central single currency, economic and monetary coordination, ERM II mechanism, monetary policy, unification of official monetary standards

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Romania and the EU’s Common Foreign and Security Policy

Daniel Călin

Within this article, the author tries to sum up the most salient steps undertaken by Romania on the way to the EU, with respect to an area of particular importance for the Union, i.e. CFSP. After a presentation on its actions in CFSP area, one reviews in short the stances adopted by Romania vis-à-vis the new child of EU policies, i.e. ESDP, as well as towards the Romanian involvement / participation in military crisis management. In the end, the European security policy and the enlargement of both the EU and NATO are assessed in the light of the coming IGC and against the background of the 9/11 events.

Keywords: defence procurement, European Security Defense Policy, military crisis management, professionalisation of personnel

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Increasing Women Senior Managers Effectivness: Evidence from Romania

Dr. Farhad Analoui

In the wider context of increased participation of women to managerial positions, the issue of effectiveness at work has become equally important for female managers. Therefore it is important to identify the factors, which can determine an increase in their managerial effectiveness. This article looks at the factors conducive to managerial effectiveness in organizations, as perceived by women senior managers in Romania. The research was carried out through questionnaires and semi-structured interviews applied to a sample group of 35 Romanian women managers at various levels, in both public and private institutions. The empirical results were then analysed with theoretic instruments. The main conclusion of the research was that, for Romanian female managers, work effectiveness is determined primarily by the managerial skills and knowledge acquired by women. These in turn are connected with the years of accumulated work experience, seniority, and education, especially if it is centred on managerial education.

Keywords: managerial effectiveness, managerial skills, Romania, women

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