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Financial Configurations And Interactions In A Transformation Process Of A Global Economy

Author

Listed:
  • PĂUN, Roxana-Daniela

    (Faculty of Law and Public Administration, Bucharest Spiru Haret University)

Abstract

This article aims to present the summary of issues related to Economic and Monetary Union (EMU) in the context of EU enlargement, analyzing legal rules and practical problems appeared. EMU Stability and Growth Pact is a challenge for Member States in circumstances where exactly the European Union Member States who have campaigned for the budgetary discipline required more relaxed conditions on the provisions of the Pact. Convergence criteria laid down in the Matriarchs Treaty (TEU) began to be increasingly difficult to be respected by Member States, therefore it was decided to greater flexibility of restraining and Growth Pact.

Suggested Citation

  • PĂUN, Roxana-Daniela, 2010. "Financial Configurations And Interactions In A Transformation Process Of A Global Economy," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 1(4), pages 109-116.
    • Handle: RePEc:ris:sphecs:0091
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    Citations

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    Cited by:

    1. Elizabeth Gibson & Tugrul Daim & Edwin Garces & Marina Dabic, 2018. "Technology Foresight: A Bibliometric Analysis to Identify Leading and Emerging Methods," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 12(1), pages 6-24.

    More about this item

    Keywords

    Economic and Monetary Union (EMU) convergence criteria; budget deficit; inflation; Government indebtedness; the Stability and Growth Pact; European System of Central Banks (ESCB);
    All these keywords.

    JEL classification:

    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature

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