ECONOMIC AND MONETARY UNION: EVOLUTIONS AND PERSPECTIVES

Nanu Roxana and Gruescu Ramona
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Gruescu Ramona: University of Craiova

Annals of University of Craiova - Economic Sciences Series, 2009, vol. 1, issue 37, 90-94

Abstract: Abstract:No matter the number of actual and future members, the final objective of the economic and monetary union is represented through a superior level of integration, but also by the superior economic performances. The integration cannot be automatic and cannot take place without a strategy that should take into account the precarious asymmetries and balances. The openness towards a worldwide economic space (…) does not provide the economic development, ipso facto. Integration cannot be substituted with a strategy of economic development. The process of integration aims at the acceleration of the economic development and the achievement of some superior indicators for global prosperity and security of the Member States. At the same time the economic integration through the compromises and the risks involves, forces the national states to improve the economic policies and to realize some important transformations in their structures.

Keywords: monetary; union; integration (search for similar items in EconPapers)
JEL-codes: F36 R58 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:1:y:2009:i:11:p:90-94

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