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Is the Adhering to the EU a Way to Face the Crisis’ Challenges ?

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  • Ionescu Romeo

    () (Danubius University, Romania)

Abstract

The paper realises a comparative analyses between an EU member state, a candidate one and Switzerland, in order to point out the importance of the adhering to the EU under the present global crisis using the main economic indicators during 2007-2011 and to understand why Switzerland is better placed as Germany under the crisis’ impact. A distinct part of the paper deals with the analysis of the recovery packages implemented by these three economies in order to face the crisis and their effects. Moreover, the paper realise forecasts for 2012 and 2013. There are two main conclusions of the paper. First, it is not necessary to adhere to the EU if the economy is efficiently. Second, Switzerland will not adhere to the EU on short-term and it has pertinent argues to do this.

Suggested Citation

  • Ionescu Romeo, 2012. "Is the Adhering to the EU a Way to Face the Crisis’ Challenges ?," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 208-213, May.
  • Handle: RePEc:ovi:oviste:v:xii:y:2012:i:12:p:208-213
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    More about this item

    Keywords

    business efficiency; economic recovery; national identity; foreign exchange intervention.;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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