The 12th International Conference - ESPERA 2025
Pivotal changes in the global landscape amid challenging conditions.
Prospects for stronger resilience, potential disruptions and key governance policies
The aim of the international conference ”Economic Scientific Research - Theoretical, Empirical and Practical Approaches”- ESPERA, initiated in 2013 by the National Institute for Economic Research ”Costin C. Kirițescu” (NIER), is to present and evaluate the economic scientific research portfolio, to argue and substantiate the Romanian development strategies - including European and global best practices. The 2025 edition of the Conference will be held on 16th - 17th October, under the title: ”Pivotal changes in the global landscape amid challenging conditions. Prospects for stronger resilience, potential disruptions and key governance policies”.
The event program addresses a wide diversity of themes, bringing together researchers from all NIER institutes and centres, members of the Romanian Academy and also guests, from Romanian universities and from other countries, including master, PhD and post PhD students.
After the series of shocks in the previous years in 2025 the global landscape is changing under the pressure of trade tensions escalation following the tariff measures introduced by the new US administration bringing tariff rates to unprecedented levels pushing its trading partners to respond with proportioned countermeasures, resulting a negative shock to economic activity and global growth.
The governments around the world are striving to reorder priorities, to resettle the international trade channels and supply chains, to address domestic policy and structural imbalances in such a way to ensure their internal economic and financial stability and security.
Under these circumstances, in order to contain vulnerabilities and increase resilience in case of stress events, macroprudential tools should be activated while rebalancing growth-inflation trade-offs, preventing severe disruptions, implementing credible medium-term fiscal consolidation plans, rebuilding buffers, restoring fiscal space and putting public debt on a sustainable path. All these should be complemented by structural reforms concerning labour markets, production, financial markets that support economic, social an environment resilience which help also narrowing cross-countries disparities.
Researchers are encouraged to present papers of scientific research regarding, as much as possible, the topics presented above.
Even if many of the papers deal with these aspects from the perspective of the impact and relevance of the analyzed aspects from the point of view of the Romanian economy and society, through the significant number of foreign authors participating in each of its previous editions, the ESPERA International Conference has proven its worth to act as a conducive forum for debating, sharing of knowledge and good practices with representatives of the academic environment, researchers and teaching staff from other countries, both from the European Union and non-EU countries.
The International conference proceedings is dedicated mainly for professionals, researchers, decision makers, but also for all interested parties - academia, practitioners, PhD and post PhD students and a broader public audience - providing valuable knowledge about the world economy latest developments and its foreseeable evolvement, understanding transformational drivers of national economies and developing strategies, policies and tools adequate to the related reforms.
The Conference is intended as a thought-provoking exercise for researchers and it is organized in such a way as to provide a wide-ranging platform for debates, covering the broadest approaches, enabling an interactive exchange of ideas and the most recent scientific results and findings, including those emerged in economic science arising from both fundamental and empirical researches and promoting evidence-based policy making new vision under crisis circumstances.
The contributions and views that will be expressed, on a meritorious and wide-ranging level, will be disseminated, as in previous years, in a volume - Proceedings of the International Conference ESPERA 2025, that will be submitted to EBSCO and also for evaluation and inclusion in Conference Proceedings Citation Index by Clarivate, Web of Science.
The Conference includes an additional section dedicated to master, PhD and post PhD students, thus providing a conducive framework for scientific debate and their training.
The Conference will be held in a hybrid format (on site and online). The correspondence with the authors will take place using the email address: espera@ince.ro.
Academia Românã
Institutul National de Cercetari Economice 'Costin C. Kiritescu'
