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SIGNIFICANT ASPECTS RELATED TO FINANCIAL INSTABILITY IN ROMANIA, UNDER THE CONSTRAINTS IMPOSED BY THE EUROPEAN INTEGRATION

Mihaiteanu Sanda ()
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Mihaiteanu Sanda: INCE-Academia Romana, Institutul Bancar Roman

Annals of Faculty of Economics, 2014, vol. 1, issue 1, 167-174

Abstract: This article pertains to the series of articles related to European integration and is addressed to all who are interested in this field, particularly to those who work within public or non-governmental sectors, and who have to gain a true vision of the macroeconomic situation in its entirety. My research includes both quantitative and qualitative aspects, which are based on my own opinions. I believe the added value of my work derives from summing up the components: raising awareness on the importance of the theory of financial fragility in Romania's case, the constraints imposed by reaching the indicators related to the quantification of our country's degree of economic convergence to the Euro Zone, clearly defining the main areas of systemic risk in Romania, and the conclusions. The article begins by drawing clear delimitations on the theory of financial fragility and by understanding the definite European constraints related to entering the Euro Zone, and it continues with some elements specific to Romania. The final conclusion takes note of a significant macro systemic weakening of our country, which should be taken into account when projecting different types of national strategies.

Keywords: European integration; financial fragility; Romanian instability (search for similar items in EconPapers)
JEL-codes: F36 F62 G01 (search for similar items in EconPapers)
Date: 2014
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