O abodare de ansamblu privind provocările adoptării euro: cazul României

An overview of euro adoption challenges: the case of Romania

Andreea Avadanei

MPRA Paper from University Library of Munich, Germany

Abstract: Abstract. The scope of this paper is to highlight the Romanian strategy towards the euro adoption. We structured our article on sections that cover four main research directions. The first one illustrates the interlinkages between nominal and real convergence; the second presents a comparative analysis Romania-Slovakia; the third one points out the possible scenarios ex post common currency’ introduction and the fourth underlines the necessity of reforming the euro area entry criteria. We conclude by saying that the decision to join the Eurozone should not be taken only in terms of the ability to achieve the nominal convergence criteria, but also in relation to the progress of real convergence phenomenon. In their absence, the economy will become peripheral, less flexible and unable to manage and eliminate the shocks affecting it.

Keywords: economic and monetary union; convergence criteria; optimum currency area; catching-up process; structural reforms; financial system (search for similar items in EconPapers)
JEL-codes: E42 E44 F15 F36 (search for similar items in EconPapers)
Date: 2011-01-26
New Economics Papers: this item is included in nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:28420

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