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Nominal Convergence: The Case Of Romania


  • Ramona Orăştean

    (Associate Professor at the “Lucian Blaga” University of Sibiu)

  • Silvia Mărginean

    (Associate Professor at the “Lucian Blaga” University of Sibiu)


The main objectives of this paper are: determining the extent to which the indicators of nominal convergence reflect the reality of the Romanian economy, in order to find an optimal correlation between nominal and real convergence from the point of view of a dualist approach, meaning that there are opinions according to which nominal convergence (by the formal meeting of the Maastricht criteria) must be carried out before real convergence, or on the contrary, that real convergence has positive effects on nominal convergence; short term forecasting for the evolution of nominal convergence indicators in Romania comparing with other new EU member states.

Suggested Citation

  • Ramona Orăştean & Silvia Mărginean, 2010. "Nominal Convergence: The Case Of Romania," Romanian Economic Business Review, Romanian-American University, vol. 5(3), pages 167-176, September.
  • Handle: RePEc:rau:journl:v:5:y:2010:i:3:p:167-176

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    References listed on IDEAS

    1. Paul Grauwe & Gunther Schnabl, 2004. "EMU entry strategies for the new member states," Intereconomics: Review of European Economic Policy, Springer;German National Library of Economics;Centre for European Policy Studies (CEPS), vol. 39(5), pages 241-246, September.
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    Cited by:

    1. Cristina Duhnea & Silvia Ghita-Mitrescu & Diane Paula Corina Vancea, 2012. "Euro Adoption – The Illusion Of The Monetary Integration Of Romania," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4(2), pages 152-163, June.
    2. repec:jes:wpaper:y:2012:v:4:p:152-163 is not listed on IDEAS

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    nominal; convergence; Romania; euro area;


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