Revista de Economie Mondiala/ Journal of Global Economics

5-32

Authors: Sarmiza Pencea

At the dawn of a new industrial revolution, against the backdrop of globalization’s receding tide, the theUS-China competition for technological supremacy breeds a new strain of mercantilism: the economic techno nationalism. It is the direct connection between a country’s national security, economic prosperity and social stability on the one hand, and its innovation achievements and capabilities on the other hand, that distinguish and define this new trend and that justify the state’s activism, as the nation’s protector against the opportunistic or hostile actions of other actors. This paper captures and dissects the techno-nationalistic acts and facts bred by the US-China high-tech war both in the two rival economies and in others, with proved technological authority, in support of the prediction that this type of economic behaviour will becomeincreasingly dominant in the 21st century’s international economic relations.

63-76

Authors: Alina Ligia Dumitrescu

The article begins by presenting the pandemic context and the implications for the EU labour market, and then analyses the evolution of labour supply and demand, through the prism of three macroeconomic indicators: the employment rate, the unemployment rate and the index of hours actually worked, based on data provided by Eurostat and Statista. The emphasis is on describing the measures taken at Member State level to combat the social effects caused by the COVID-19 pandemic, as well as on the EU's efforts to step up the implementation of the objectives of the European Pillar of Social Rights, namely: (1) Workforce and employment; (2) Skills and innovation; (3) Welfare State and social protection, at the Porto Social Summit, on7 May 2021. The conclusions and recommendations of the research focus on capitalizing on the challenges of the pandemic crisis and transforming them into new opportunities for development, innovation and new job creation, such as digitalization and the implementation of a sustainable economy based on green energy.