IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2013v4p54-62.html
   My bibliography  Save this article

The Current State Of Convergence In The Eastern European Countries. Romania’S Strategy For Changeover

Author

Listed:
  • RADULESCU MAGDALENA

    (University of Pitesti, Pitesti, Romania)

Abstract

The whole process of euro adoption, which requires the strict fulfillment of formal criteria, was designed in order to reduce the risk of weakening or even destabilising the European monetary system by integrating some serious imbalanced ecomonies, while at the same time safeguarding the economies of the countries adhering to euro from the possible shocks resulting from any direct confrontation with the euro area. In this paper I aim to achieving a pragmatic and analytical study on the performance of European countries, as well as the analysis of relevant indicators in order to meet the convergence criteria of the applied monetary policy, thus emphasizing Romanian strategy to adopt the euro, in the actual context when Romania doesn’t fulfill the nominal convergence criteria ogf the eurozone.Regarding the convergence criteria, Romania finds itself last in the Eastern European countries raw, fulfilling only the public debt criteria.

Suggested Citation

  • Radulescu Magdalena, 2013. "The Current State Of Convergence In The Eastern European Countries. Romania’S Strategy For Changeover," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 54-62, August.
    • Handle: RePEc:cbu:jrnlec:y:2013:v:4:p:54-62
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2013-04/9_Radulescu%20Magdalena.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2013:v:4:p:54-62. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.