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Risk Factors in Euro Adoption by Romania

Author

Listed:
  • Roxana Maria BADÎRCEA

    (University of Craiova)

  • Alina Georgiana MANTA

    (University of Craiova)

Abstract

The costs and benefits of adopting a unique currency have been studied and outlined by the optimum currency areas theory. This theory of Mundell has suffered modifications, a series of economists identifying and introducing a series of subsequent or additional criteria in the analysis. Starting from the costs indicated by the optimum currency areas theory and its further developments, I have identified a series of factors that I believe to represent future risks for the Romanian economy within the process of adopting the unique euro currency.

Suggested Citation

  • Roxana Maria BADÎRCEA & Alina Georgiana MANTA, 2014. "Risk Factors in Euro Adoption by Romania," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(16), pages 90-102, December.
  • Handle: RePEc:aio:fpvfcf:v:1:y:2014:i:16:p:90-102
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    File URL: http://feaa.ucv.ro/FPV/016-009.pdf
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    Citations

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    Cited by:

    1. Attila TAMAS-SZORA & Adela SOCOL, 2015. "Exploring Corporate Social Responsibility in Foreign Bank Branches from Romania: An Empirical Analysis of Public Disclosure of Financial Statements and Banking Audit Reports," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(17), pages 38-44, December.

    More about this item

    Keywords

    interest rate; economic growth; exchange rate; credit risk rate;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading

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