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A model for assessing Romania's real convergence based on distances and clusters methods

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  • Miron, Dumitru
  • Dima, Alina
  • Paun, Cristian

Abstract

Accession into Euro Area for Eastern European Countries became a compulsory and a very demanding step. These new members should achieve specific condition that are called “nominal convergence” criteria and that are defined by Maastricht Treaty. The convergence level reflects how much these countries are prepared to face the challenges and threats of being included into a high competitive economic area. Many studies on nominal and real convergence have been developed lately. The present paper is aimed at testing the real convergence for selected Eastern European Countries, including Romania, based upon distances and clusters methodology.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 31410.

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Date of creation: 15 Mar 2009
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Handle: RePEc:pra:mprapa:31410

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Keywords: real convergence; distances; clusters; EMU;

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References

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Citations

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Cited by:
  1. 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.
  2. Tatomir, Cristina F. & Alexe, Ileana, 2011. "Laggards or performers? CEE vs. PIIGS countries’ catch-up with the Euro area in the last ten years," MPRA Paper 35715, University Library of Munich, Germany.
  3. Alexe, Ileana & Tatomir, Cristina F., 2011. "Does economic convergence with the European Union mean more FDI flows to an economy? Analysis on 5 Central and Eastern Europe countries," MPRA Paper 36139, University Library of Munich, Germany.

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