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From Transition to Opportunity: Security through Economic Development & Institutional Strengthening

DOI: 10.5430/rwe.v3n2p29

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Abstract:

The Economic Crisis affects us all. It does not favor structured long-term development reforms that project stability and growth. Rather it requests for reforms that are necessary to prepare society at large to counter with measures in the short-term, the existing crisis. This paper aims to portray that only long-term development reforms and institutionalized strengthening will effectively counter the fiscal crisis both in the short-term and in the long-term. The article is looking at the dimensions of economic security and development, on the supranationalization of cross border cooperation and it proposes the creation of a Foreign Direct Investment Network through the prism of an Interoperable European Development Network that will be associated both with countries wishing to re-structure or reform as to be more attractive to the Euro-Atlantic Institutions.

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