REFLECTIONS ON THE STATE OF GLOBALIZATION AND REGIONAL INTEGRATION AT THE BEGINNING OF THE NEW MILENIUM

Abstract

World trends at the beginning of a new millenium requires, undoubtedly, a new (theoretic and practical) approach of the phenomenon of globalization and regional integration. It is increasingly clear that the world is tending toward a multipolar system, with three main world centers – USA, Europe and Japan, and new actors manifesting a regional and global vocation – China and Russia, and, in a not so distant future, India and Brazil. A fundamental condition for revitalizing the world economy is the intensification of international cooperation, by associating national efforts with international technological and financial assistance.Globalization, integration, regionalism, cooperation, development