Revista de Economie Mondiala/ Journal of Global Economics

1-17

Authors: George Cornel Dumitrescu, Simona Moagar-Poladian

China`s spectacular economic growth in the past decades imposed a change in the principles governing its relations with the neighboring countries and the main global players, especially after 2010 when the “Red Dragon” become the second largest economy in the world, at the expense of Japan. To maintain the current ranking or even to become the world economic leader, China has to join its actions on several levels (economic, military, political, etc.) to toss out the limitations of Deng Xiaoping’s ”doctrine” of "keeping a low profile”. Analyzing the literature, the statistical data and the Chinese strategies designed to protect and promote the national interests, our paper aims at identifying and assessing the main pillars that support China`s assertiveness towards the great regional and global powers.

41-52

Authors: Andreea-Emanuela Drăgoi

Rural development represents a major component of the financial support allocated to the Member States through the Common Agricultural Policy. The analysis undertaken in this article aims to assess the benefits of these bottom-up policies for financing rural development through the central element of the local communities (most specific, through local action groups - LAG). In order to achieve this objective, our analysis will base its assumptions on a series of case studies taking into account the LEADER experience during 2007-2013 and the available European statistics regarding LEADER. In the final part of our research we will highlight some conclusions that might be helpful for designing the rural development strategies of the Member States during the current financial framework (2014-2020).

72-89

Authors: Iulia Monica Oehler-Șincai

This paper highlights the main stages and features of the relationship between China and India in recent decades. In this article we analyze the “peaceful rise of China 2.0”, aimed at “a new type of relations between major powers” on equal footing and India’s current strategy of foreign policy, “Act East”, which is associated with “neighborhood first” and targets mainly the expansion of the Indian influence. In the wider context of the reconfiguration of forces and alliances in the Indo-Pacific region, we examine the new US strategy towards Asia-Pacific and its implications for the relations between China and India. The analysis of the connections on the three sides of the US-China-India triangle reveals that: (1) India is a cautious supporter of the US rebalancing towards Asia-Pacific. (2) India does not accept the role of second-tier economic power in Asia-Pacific, which causes new tensions in the relationship with P. R. China. (3) The offers received by India from the US to cooperate in various fields (military, defense, technology exchange) are considered as means to counteract the Chinese influence in Asia-Pacific. Based on this evidence, we conclude that although China and India have complementary economies, and the potential for cooperation is significant, nevertheless tensions associated to the reconfiguration of forces regionally and hence worldwide have a negative impact on the Indo-Chinese relations.