Acta Universitatis Danubius. Œconomica, Vol 8, No 1 (2012)

Abstract

The paper deals with the idea of the world continuous transformation to the present regionalism. This is why the analysis is focused on the regional emergence as a multi-faceted concept. Another objective of the paper is the delimitation between the global political terms and the regional policy sectors. The first conclusion of the paper is that the regions do not fight each other with military weapons, but with economic, monetary and trading instruments used within an encompassing institutional and legal framework. This transposition may also apply to political and cultural issues. Economists use competition from an ideal-typical angle and, again, a belief in the market forces, the hidden hand, and the ensuing equilibrium between offer and demand. However, in political science, settlement or equilibrium does not really apply. For a political scientist, competition refers to power games that cannot result in lasting, uncontested domination by one but consist in shifting dynamisms of power/domination among all.