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Is the Adhering to the EU a Way to Face the Crisis’ Challenges ?

Ionescu Romeo ()
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Ionescu Romeo: Danubius University, Romania

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 1, 208-213

Abstract: The paper realises a comparative analyses between an EU member state, a candidate one and Switzerland, in order to point out the importance of the adhering to the EU under the present global crisis using the main economic indicators during 2007-2011 and to understand why Switzerland is better placed as Germany under the crisis’ impact. A distinct part of the paper deals with the analysis of the recovery packages implemented by these three economies in order to face the crisis and their effects. Moreover, the paper realise forecasts for 2012 and 2013. There are two main conclusions of the paper. First, it is not necessary to adhere to the EU if the economy is efficiently. Second, Switzerland will not adhere to the EU on short-term and it has pertinent argues to do this.

Keywords: business efficiency; economic recovery; national identity; foreign exchange intervention. (search for similar items in EconPapers)
JEL-codes: F15 F43 O11 (search for similar items in EconPapers)
Date: 2012
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