EVALUATION OF THE OBJECTIVE TO ADOPT THE EURO WITHIN THE PRESENT MACROECONOMIC CONDITIONS

Silviu Marius Seitan
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Silviu Marius Seitan: Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy

Studii Financiare (Financial Studies), 2012, vol. 16, issue 2, 174-188

Abstract: According to the theory, even does not exist a terminological consensus regarding the concept of “governance”, it comes from the comparative policy field or from international relations one and refers to alternative models of governing. By taking into consideration the above-mentioned concept, the present paper proposal is a model of governance meant to the actual problems of the real international economy. In this model, according to the present proposal, the main factors of management of the society and economy problems are the following: the macroeconomic administrative system should become the coordinating factor of the economic development; the real economy system should become the action factor of the economic development; as the main condition, the above-mentioned factors should work together according to all rules of a continuous full-cooperation relationship. All these elements should become reality by having in mind that the most important role of the economic activity is the generating of the necessary support for the society development. This work was supported by the project “Post-Doctoral Studies in Economics: Training Program for Elite Researchers – SPODE” co-funded from the European Social Fund through the Development of Human Resources Operational Programme 2007-2013, Contract No. POSDRU/89/1.5/S/61755.

Keywords: governance; sustainability; macroeconomic integration; crisis (search for similar items in EconPapers)
JEL-codes: G32 G34 L21 O12 O44 Q56 Q57 (search for similar items in EconPapers)
Date: 2012
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