Evolutions and Implications of the Convergence Indicators in Romania's Crisis Damaged Economy
AbstractThe article aims to analyze the leading factors’ in terms of monetary convergence within the European Union level evolution. Thus, it explores a number of specific indicators of which we could mention inflation, long-term interest rates, public debt and budget deficit, but the analysis also takes into consideration other indexes as well. Under these conditions it follows the impact produced by these changes in the Romanian economy in the past as well as their future influence in the economy in case they are marked in the limits required by the EU for new countries that wish to adopt euro as local currency.
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Bibliographic InfoArticle provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.
Volume (Year): X (2010)
Issue (Month): 1 (May)
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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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Monetary policy; inflation rate; long-term interest rate; exchange rate; public debt; budget deficit;
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