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Economic And Monetary Union: Evolutions And Perspectives

Author

Listed:
  • Nanu Roxana
  • Gruescu Ramona

    (University of Craiova)

Abstract

Abstract:No matter the number of actual and future members, the final objective of the economic and monetary union is represented through a superior level of integration, but also by the superior economic performances. The integration cannot be automatic and cannot take place without a strategy that should take into account the precarious asymmetries and balances. The openness towards a worldwide economic space (…) does not provide the economic development, ipso facto. Integration cannot be substituted with a strategy of economic development. The process of integration aims at the acceleration of the economic development and the achievement of some superior indicators for global prosperity and security of the Member States. At the same time the economic integration through the compromises and the risks involves, forces the national states to improve the economic policies and to realize some important transformations in their structures.

Suggested Citation

  • Nanu Roxana & Gruescu Ramona, 2009. "Economic And Monetary Union: Evolutions And Perspectives," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(37), pages 90-94, May.
  • Handle: RePEc:aio:aucsse:v:1:y:2009:i:11:p:90-94
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    More about this item

    Keywords

    monetary; union; integration;

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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