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Adoptarea euro in Romania
[Euro adoption in Romania]

Author

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  • Dumitru, Ionut

Abstract

This paper assesses the level of readiness of Romania to adopt euro, based on nominal and real convergence criteria evaluation. We used the optimal currency area criteria in order to assess the real convergence process in Romania. The main conclusion of the paper is that more progress is necessary in terms of nominal convergence criteria as well as real convergence criteria in order to prepare the economy to successfully participate in a monetary union.

Suggested Citation

  • Dumitru, Ionut, 2009. "Adoptarea euro in Romania [Euro adoption in Romania]," MPRA Paper 18612, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:18612
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    File URL: https://mpra.ub.uni-muenchen.de/18612/1/MPRA_paper_18612.pdf
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    References listed on IDEAS

    as
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    Citations

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    Cited by:

    1. Bojeşteanu, Elena & Manu, Ana Simona, 2011. "Analiza empirică a sincronizării ciclului de afaceri şi a similarităţii şocurilor între România şi zona euro [Empirical analysis of business cycle synchronization and shock similarity between Roman," MPRA Paper 31295, University Library of Munich, Germany.
    2. Teică Ramona Andreea1 Ph. D Student, 2011. "The Euro Adoption – A Recent Challenge, But With A Faraway Result," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 4(39), pages 142-149, May.
    3. Tatomir, Cristina F., 2011. "Structural Convergence of the Central and Eastern European Countries: Achivements in the Last Decade," MPRA Paper 35701, University Library of Munich, Germany.
    4. Emilian Dobrescu, 2015. "Comparative Price Level (Cpl) – A Representative Parameter of Economic Convergence," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 7-28, December.
    5. Tatomir, Cristina F. & Popovici, Oana, 2011. "Eyes on Romania: what to look when investing here?," MPRA Paper 36140, University Library of Munich, Germany.
    6. Alina Georgeta Ailinca & Camelia Milea, 2015. "Reasons for and against the Early Adoption of the Euro in Romania," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 11(5), pages 56-66, October.
    7. Damian, Monica, 2011. "Implicații ale pierderii autonomiei politicii monetare asupra procesului inflaționist," MPRA Paper 35061, University Library of Munich, Germany.

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    More about this item

    Keywords

    euro adoption; convergence; business cycle synchronization;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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