ROMANIA AND THE NOMINAL AND REAL CONVERGENCE CRITERIA

Duduiala Popescu Lorena
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Duduiala Popescu Lorena: UNIVERSITY CONSTANTIN BRANCUSI OF TG-JIU

Annals - Economy Series, 2016, vol. 2Special, 135-138

Abstract: The EURO introducing its mark on the business environment through the effects they generate. The businesses and investors around the world are anxious to know whether EURO will be weaker or stronger than currencies that preceded it. In this paper, I analyze how Romania fulfills real and nominal convergence criteria to join the eurozone. This present study was designed to investigate the experience of the cohesion countries who that have experienced substantial current account deficits and which show that capital flows have had a positive effect on the process of real convergence. The impact was more significant if they were accompanied by transfers of technology and business environment was favorable for business development.

Keywords: integration; nominal convergence; real convergence (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2016:v:2special:p:135-138

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