COSTEA MUNTEANU. Director of the International Business and Economics Department. Full Professor, Bucharest University of Economic Studies

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1 COSTEA MUNTEANU PRESENT POSITION Full Professor at the Faculty of International Business and Economics, Bucharest University of Economic Studies PERSONAL Born: July 24, 1949, Preasna, Romania married, two children ADDRESS Home: 113 Dacia Bvd., Sector 2, Bucharest , ROMANIA Tel ; Office: M. Eminescu St, sector 1, Bucharest University of Economic Studies - ROMANIA EDUCATION 1990 Ph.D. in ECONOMICS from the National Institute of Economic Research, Bucharest 1971 MA in INTERNATIONAL TRADE from the Academy of Economic Studies, Faculty of Foreign Trade ( ), Bucharest LANGUAGES Native speaker of Romanian. Fluent in English. Varying degrees of familiarity with French and Russian CAREER Oct 2011 to Oct 2014 Since Nov 2004 Oct 1995 to date Jul 1996 to Mar 1997 Dec 1995 to Sep 1996 Jan 1993 to Jun 1993 May 1992 to Dec 1992 Dec 1990 to Apr 1992 Mar 1976 to Nov 1990 Director of the International Business and Economics Department Supervisor of doctorate theses Full Professor, Bucharest University of Economic Studies Dean, Romanian American University, Bucharest President of the Board of Directors, S.C. PACTINVEST S.A., (an asset-management company) Secretary of State, Department for Economic Reform, Government of Romania Director-General, Strategy and Promotion Directorate, Romanian Development Agency Advisor to the President, Romanian Development Agency Senior research fellow, Institute of World Economy, Bucharest

2 May 1974 to Mar 1976 Sep 1971 to Apr 1974 Economist with the National Tourist Office Carpaţi, Bucharest Economist with EXIMCOOP Foreign Trade Company, Bucharest PROFESSIONAL AFFILIATIONS Mar 1987 Apr 1990 Sep 1990 member of the Romanian Scientists Association, Bucharest co-founder and member of Executive Board of the Romanian Institute for Free Enterprise, Bucharest co-founder of the European Association for Comparative Economic Studies (EACES), Freiberg, Germany Jan 1991 member of the Editorial Board of the quarterly journal OECONOMICA, Bucharest Oct 1991 Jun 1992 Jun 1994 co-founder of the International Center for Entrepreneurial Studies, University of Bucharest, Romania co-founder of the Romanian Society of Economics, Bucharest co-founder of the Civic Action Foundation, Bucharest Jan 1996 member of the Editorial Board of the quarterly journal MICROECONOMIA APLICATĂ, (Applied Microeconomics), Bucharest Sep 1998 Oct 1998 Nov 2002 Aug 2015 Sep 2015 co-founder of the Institute for Liberal Studies, Bucharest member of the Board of Directors of the Romanian Center for Economic Policies, Bucharest member of the Consultative Scientific Council of the European Institute of Romania, Bucharest member of the Editorial Board of the Journal of Philosophical Ecomomics member of the Scientific Board of the journal Intermational Economics (Ekonomia Międzynarodowa) EXPERTISE AND RELATED COUNTRY AND REGIONAL EXPERIENCE Government Leadership Experience As secretary of state and head of the Department for Economic Reform, had coordinated the elaboration of the Romanian Government s economic reform programme for The programme passed the Parliament in March 1993.

3 Private Sector A. Home-country experience Development Expertise Coordinated the PHARE Foreign Investment Promotion for Romanian Development Agency (RDA) and the British Know How Fund in-house Training Project for RDA staff. Served as project manager for development and implementation of the project entitled Private Enterprise Development Programme which was jointly carried out by the Washington based Center for International Private Enterprise (CIPE) and Bucharest based International Center for Entrepreneurial Studies (ICES). The project covered the period April March Served as local consultant for MPR Management, Planning & Research GmbH/Germany within the project "Export Development Programme for Romania financed by PHARE Programme, April June Local consultant for the preparation of the OECD report Review of Romanian Privatization: , presented at OECD seminar on Romanian Economic Reform Policy held in Paris, October 16-17, 1997 Local expert in the Working Group based within the Romanian Ministry of Finance with the aim to help prepare and elaborate the National Medium-Term Strategy of the Romanian Government in the Context of Pre-Accession, February-September 1998 B. Regional experience Served as consultant to the European Bank for Reconstruction and Development (contract period: September October 1993) to prepare the report on the Private Sector Development for the Consultative Group meeting on the Republic of Moldova in Paris on 26 October, RESEARCH EXPERIENCE (SELECTED TOPICS) , RESEARCH PROJECT ON THE EAST WEST JOINT VENTURES IN CMEA COUNTRIES, WITH A PARTICULAR FOCUS ON THE LEGISLATIVE AND OPERATIONAL FRAMEWORK IN ROMANIA. Coordinated the basic work group. Conducted research on the problems related to East West joint ventures as new and exciting arena (at that time) in which to try out new ideas and constituting the beginning of the departure into future global economic partnerships. The emerging of new special legislation on joint ventures in CMEA countries during the eighties was contemplated and attempts at standardization in legislation were analyzed for all CMEA countries. The basic task of the project was to provide Western business executives with answers to most essential

4 questions on joint possibilities that existed in Romania [Institute for World Economics, Bucharest] , RESEARCH PROJECT ON THE INTERNATIONALIZATION OF ECONOMIC ACTIVITY IN SERVICES TRANSACTIONS Member of the analysis group. Conducted research on the theoretical understanding of the process of transnationalization of service corporations as part of the general process of the globalization of business activities. The purpose of the research was to up-date the information available in Romania at that time regarding the theories for services in foreign direct investment [Institute for World Economics, Bucharest]. 1991, RESEARCH PROJECT ON THE DETERMINANTS OF FOREIGN INVESTMENT IN A TRANSITION ECONOMY Coordinated the analysis group. Conducted research on how the main theoretical steams can be used to explain what happens with regard to the determinants of foreign direct investment in a transition economy. The major finding was that, to a greater or lesser extent, all theories admit there is some differentiation in foreign investment determinants, but mainly due to development differentiation among countries so one cannot have an acceptable explanation as to what happens with regard to FDI determinants in a transition environment [Romanian Development Agency, Bucharest] , PRIVATISATION PROJECT RESEARCH NETWORK IN EASTERN EUROPEAN COUNTRIES Member of the Romanian team. The project was designed to provide a forum for the governments and the most proeminent researchers in Central and Eastern Europe to collect and exchange information concerning the progress of privatization in their countries. Conducted research of selected theoretical and practical issues of particular importance to the privatization process in Romania [Central European University Foundation, Prague, Czech Republic] , ACE-PHARE RESEARCH PROJECT ON TRADE AND FOREIGN DIRECT INVESTMENT IN CENTRAL AND EASTERN EUROPE: IMPACT ON PRODUCTIVITY AND INCOME DISTRIBUTION Partner, team-leader of Romanian research group , THE EVALUATION OF RISK MANAGEMENT STRATEGIES IN ROMANIAN COMPANIES. POLICY

5 RECOMMENDATIONS FOR COMPETITIVENESS INCREASE IN A POST-ACCESSION PERSPECTIVE (Project financed by the Romanian National Authority for Scientific Research within the Excellence Research Programme) Project Director. The project was completed by September PUBLICATIONS AND CONFERENCES Author and co-author of 16 books and monographs, more than 100 articles, and almost 65 papers presented to different national and international conferences and seminars International Finance (Selected Titles) Investiții internaționale (International Investments). Bucharest, Oscar Print Publishing House, 1995 (co-authored with Călin Vâlsan) Decizia financiară în tranzacțiile cu investiții internationale (Financing Decision in International Investment), in Piața financiară, 7-10, 1996 Employees Shareownership in Central and Eastern European Privatisation. The Case of Romania, in Milica Uvalic and Daniel Vaughan-Whitehead (eds.) : Privatization Surprises in Transition Economies, Cheltenham, Edward Elgar Publishing Ltd., 1997 Considerente privind utilizarea costului de oportunitate în managementul modern (Opportunity Cost in Modern Management- Some Considerations), in Microeconomia aplicată, 2 (6), 1998 Contribuții la o teorie a tranziției (Contributions to a Transition Theory), in Oeconomica, 2-3, 1999 Trade and FDI in Romania.The Impact on Productivity in Manufacturing Enterprises, 6 th Conference of the European Association of Comparative Economic Studies (EACES), Barcelona, 7-9 September 2000 (co-authored with Voicu Boșcaiu, Daniela Liușnea and Lucia Mezei) Management Financiar Internațional (International Financial Management), Bucharest, Academy of Economic Studies Press, 2001 Impact of Ownership Type in Romanian Manufacturing, Seventh European Workshop on Efficiency and Productivity, University of Oviedo, Spain, September 2001 (co-authored with Voicu Boșcaiu) Marketing investițional internațional (International Investment Marketing), Bucharest, Romania of Tomorrow Foundation Publishing House, 2002 (co-authored with Alexandra Horobeț and Anda Mazilu) Finanțarea proiectelor de investiții internaționale (Financing International Investment Projects), Bucharest, Academy of Economic Studies Press, 2002

6 Impact of the Foreign Direct Investments and Exports on Productivity in the Romanian Manufacturing Industry, in Romanian Economic Review, Romanian Academy, 47 (1-2), 2002 (co-authored with Voicu Boșcaiu, Daniela Liușnea and Lucia Mezei) Finanțe transnationale (Transnational Finance), Second Edition, Bucharest, All Beck Publishing Company, 2005 ( co-authored with Alexandra Horobeț) Economic Epistemology and Methodology (Selected Titles) Again on The Crises in Economic Theory. An Epistemological Approach, in Revue Roumaine des Sciences Sociales, Serie de Philosophie et Logique, tome 28, no.2, Avril-Juin,, 1984 Some Considerations on the Interdisciplinary Dialogue of the Economic Science, in Revue Roumaine des Sciences Sociales, Serie de Sciences economiques, tome 28, no.3, Juillet- Decembre, 1984 Points of View on the Present State of Economic Epistemology, in Revue Roumaine des Sciences Sociales, Serie de Sciences economiques, tome 31, no.1, Janvier-Juin, 1987 Câteva considerente privind relația dintre economie și religie (Some Considerations on the Relationship Between Economics and Religion), in Jurnalul economic, V, 9, 2002 Fundamentalismul cantitativist în analiza financiară (Overquantification in Financial Analysis), in Oeconomica, 2-3, 2004 Despre epistemologia economică a lui Nicholas Georgescu-Roegen (On the Economic Epistemology of Nicolas Georgescu-Roegen), in Analiză și prospectivă economică, 3 (1), 2006 Ethical Mastery of Innovative Technologies, in Romanian Journal of Economic Forecasting, VII, 3, 2006 (co-authored with Șerban Broche) Despre controversele metodologice din stiința economică ( On Methodological Controversies in Economic Science), in Șerban Broche and Paul Marinescu (eds.) : Deschideri spre lumea complexității (Openings Toward Complexity World), Bucharest, University of Bucharest Press, 2008 Science and Religion (Selected Titles) Economics and Religion. A Christian-Orthodox Perspective, International Congress The Dialogue Between Science & Religion in the Orthodox World, September 2008, Bucharest, Romanian Association for the Dialogue Between Science and Theology (ADSTR) (co-authored with Fr. Petre Comșa) Persoana în dialogul dintre economie și religie (The Concept of Person Within the Dialogue Between Economics and Religion), in Revista Centrului de Cercetari Interdisciplinare Religie si Stiinta Sfantul Maxim Marturisitorul, Editura Bibliotheca, 4, 2008 (co-authored with Fr. Petre Comșa)

7 Economics and Religion. A Personalist Perspective, in Journal of Philosophical Economics, Volume II, Issue 2, Spring 2009 (co-authored with Fr. Petre Comșa) Repere patristice in dialogul dintre teologie și știință (Patristic Landmarks in the Dialogue Between Theology and Science), Bucharest, Basilica Publishing House, 2009 (co-author) Raţiune şi credinţă în cercetarea ştiinţifică. Cazul ştiinţei economice (Reason and Faith in Scientific Research. The Case of Economics), in Oeconomica, XVIII, Nos.1-4, 2009 (author) Economic Personalism - A Christian Orthodox Contribution, in Sfera Politicii, XVIII, No.4 (146), April 2010 (co-authored with Fr. Petre Comșa) Etică și capitalism. O interpretare interdisciplinară (Ethics and Capitalism. An Interdisciplinary Approach), Oeconomica, Anul XXII, nr.4, 2013 (co-authored with Fr. Petre Comșa) Individ și persoană în spațiul economic (Individual and Person within the Economic Space), in Adrian Lemeni, Adrian Sorin Mihalache (eds.), Realitatea și semnificația spațiului. Abordare teologică, filosofică și științifică ( The Reality and Significance of the Space. A Theological, Philosophical, and Scientific Approach ), Iași, Al.I.Cuza University Press, Bucharest; Basilica Publishing House, 2014 (author) Etica economică într-o interpretare interdisciplinară (An Interdisciplinary Perspective on the Economic Ethics), in Marin Bălan, Valentin Mureșan (eds.), Etica în știință, religie și societate ( Ethics in Science, Religion, and Society ), Bucharest, Bucharest University Press, 2014 (author) Economic Personalism An Orthodox-Inspired Perspective, International Journal of Academic Research, Part B. Social Sciences and Humanities, Vol.6, No.1, January, 2014 (co-authored with Fr. Petre Comșa) Timpul economic la orizontul mântuirii (Economic Time and the Horizon of Salvation), in Adrian Lemeni, Adrian Sorin Mihalache (eds), Viață și conștiință în orizontul temporalității. Abordare teologică, filosofică și științifică ( Living and Consciousness in the Horizon of Temporality. A Theological, Philosophical, and Scientific Approach ), Iași, Al.I.Cuza University Press, Bucharest; Basilica Publishing House, 2015 (author) Reasoning and Belief in Nowadays Scientific Research The Case of Economics, International Journal of Academic Research, Part B. Social Sciences and Humanities, Vol.7, No.1, January, 2015 (co-authored with Fr. Petre Comșa)

Judge Court of International Commercial Arbitration, Romanian Chamber of Commerce and Industry

Judge Court of International Commercial Arbitration, Romanian Chamber of Commerce and Industry BÎRSAN, CORNELIU (Romania) Curriculum vitae [Original: English] Professional experience PhD, Professor Emeritus Corresponding member of the Romanian Academy Relevant professional activities 1977-1998 Judge