Nominal Convergence: The Case Of Romania
AbstractThe main objectives of this paper are: determining the extent to which the indicators of nominal convergence reflect the reality of the Romanian economy, in order to find an optimal correlation between nominal and real convergence from the point of view of a dualist approach, meaning that there are opinions according to which nominal convergence (by the formal meeting of the Maastricht criteria) must be carried out before real convergence, or on the contrary, that real convergence has positive effects on nominal convergence; short term forecasting for the evolution of nominal convergence indicators in Romania comparing with other new EU member states.
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Bibliographic InfoArticle provided by Romanian-American University in its journal Romanian Economic and Business Review.
Volume (Year): 5 (2010)
Issue (Month): 3 (September)
nominal; convergence; Romania; euro area;
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- Paul Grauwe & Gunther Schnabl, 2004. "EMU entry strategies for the new member states," Intereconomics: Review of European Economic Policy, Springer, Springer, vol. 39(5), pages 241-246, September.
- Cristina Duhnea & Silvia Ghita-Mitrescu & Diane Paula Corina Vancea, 2012. "Euro Adoption – The Illusion Of The Monetary Integration Of Romania," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4, pages 152-163, June.
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