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After the economic crisis, all member states of the European Union have begun to take drastic measures to adjust national economies and to tackle the main problems that have affected and that still affect some countries, such as unemployment and in particular youth unemployment. Romania is one of the European Union countries that still faces this problem, despite the measures taken since the end of 2008. Although youth unemployment fell from 22.4% in Romania in 2014 to 21.7 % in 2015 reaching 2016 at 20.3%, Romani...

The objective of a countryВ’s economic diplomacy is to gather all foreign policy instruments and to consequently implement them successfully, in order to advance the economic interests of the country itself. Therefore, economic diplomacy must be ensured by an efficient framework for institutional cooperation which is aimed at furthering a countryВ’s economic interests abroad. The cooperation with international organizations, mainly economic organizations such as World Trade Organization and Organization for Econom...