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The risks of Euro adoption in Romania – an analysis based on ten criteria

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  • Marius-Corneliu MARINAŞ

    (The Bucharest University of Economic Studies)

Abstract

In this study, I have proposed and examined ten criteria to analyze the challenges of joining at Monetary Union, explaining the need to include them in government and multinational companies’ strategies. The criteria adopted in the case of Romania concern the potential impact of Euro adoption on economic activities, the common monetary policy effects on the Romanian economy, synchronization with the Euro area, labour market flexibility, as a tool of shocks adjustment etc. After stating each criterion, I have made a brief analysis of how that could affect the balance of costs and benefits of giving up own currency, using conclusions of the optimum currency areas theory.

Suggested Citation

  • Marius-Corneliu MARINAŞ, 2013. "The risks of Euro adoption in Romania – an analysis based on ten criteria," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(578)), pages 33-50, January.
    • Handle: RePEc:agr:journl:v:xx:y:2013:i:1(578):p:33-50
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    Cited by:

    1. Nicolae Marinescu, 2018. "The Impact Of The Changeover To The Euro For Eastern European Companies," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 102-107, June.

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