Whether and how it is possible the recovery of the economy in conditions of globalization?

The transition from a socialist to a market economic activities as an integral part of the overall political and ideological changes in Eastern Europe, still proves to be a painful and incomplete process. On the other hand, according to the vision of Europe's social market economy for the 21st century, the economy of the EU should be: intelligent, sustainable and integrative. Also, the strategy document says that there is a broad consensus that this is the implementation of the three priorities of the 2020th year, where they encourage one another, and that when their implementation in practice must take into account the specificities of each Member State. Th ere is no doubt that this also works well as reforms as tasks imposed for countries wishing to join the EU. In this paper, the authors aim at comparing primarily as highlight competitiveness indicators of the overall quality of a nation's economy, the countries of Southeast Europe and the group's leading market economies in this respect occupying leadership positions indicate the need to respect the principles of the "new economy" and the development of their own innovation strategy. [ABSTRACT FROM AUTHOR]