Romania, Poland. Two Countries, One Wish: Joining the Eurozone
AbstractThe paper aims to present the efforts of the two Member States of the European Union regarding the criteria for accession in the „select club” of the Eurozone, in the current economic environment, which is characterized by uncertainty and profound turbulences. The study has pointed out that, even though the economic policies of the Romanian and Polish governments have generally implied similar measures in order to comply with the convergence criteria, the visions of the two governments are different. In short, Romania’s exaggerated optimism, fuelled by the electoral “needs”, (the only country in a hurry to enter the Eurozone), and not backed by the economic reality, is in a stark contrast with Poland’s reserved attitude (taking into consideration the fact that the Poland has the highest rate of economic growth in Europe), which expresses the wish to join the Eurozone only after the national economy’s problems as well as the Eurozone’s troubles have been resolved.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 53013.
Date of creation: 2013
Date of revision:
Romania; Poland; convergence criteria; Eurozone; Economic and Monetary Union; economic crisis;
Find related papers by JEL classification:
- E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- F5 - International Economics - - International Relations, National Security, and International Political Economy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-01-24 (All new papers)
- NEP-MAC-2014-01-24 (Macroeconomics)
- NEP-MON-2014-01-24 (Monetary Economics)
- NEP-TRA-2014-01-24 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Francesco Paolo Mongelli, 2008. "European Economic and Monetary Integration, and the Optimum Currency Area Theory," European Economy - Economic Papers, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission 302, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
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