ECONOMIC DEVELOPMENT AND CONVERGENCE IN ROMANIA

Elena-Raluca, MOISESCU (duican) ()
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Elena-Raluca, MOISESCU (duican): Academy of Economic Studies, Bucharest.

Management Strategies Journal, 2014, vol. 26, issue 4, 159-165

Abstract: This paper presents the economic connection between nominal convergence, real convergence and economic development in Romania. It is shown that fulfilling the nominal criteria is not enough to enter the Economic Monetary Union. It needs to be accompanied by a sustainable economic development and an increasing labour productivity.

Keywords: economic development; convergence; real convergence; nominal convergence (search for similar items in EconPapers)
JEL-codes: F63 O47 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:brc:journl:v:26:y:2014:i:4:p:159-165

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