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The Analysis Of The Convergence Criteria. Empirical Perspective In The Context Of The Sustainable Character Highlight

  • Triandafil, Cristina Maria

    (Romanian Academy, National Institute of Economic Research)

This study envisages analyzing the convergence criteria in the context of recent macroeconomic developments, focusing on their sustainability. In order to highlight the sustainability of convergence indicators, the paper includes an analysis of the initial dynamics, both in terms of nominal and real plan, highlighting the need for an integrated approach aiming to capture the junction between the two types of convergence processes. Subsequently, sustainability is revealed through the prism of critical aspects, and through the correlation between economic cycles in the European Union. Study findings and proposals tend to review the set of indicators related to the process of nominal convergence towards the integration of real dimension of this process in order to achieve a striking mix.

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Paper provided by National Institute of Economic Research in its series Working Papers of National Institute of Economic Research with number 111205.

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Length: 45 pages
Date of creation: Dec 2011
Date of revision:
Handle: RePEc:ror:wpince:111205
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