Adoptarea euro in Romania
Euro adoption in Romania
Ionut Dumitru ()
MPRA Paper from University Library of Munich, Germany
Abstract:
This paper assesses the level of readiness of Romania to adopt euro, based on nominal and real convergence criteria evaluation. We used the optimal currency area criteria in order to assess the real convergence process in Romania. The main conclusion of the paper is that more progress is necessary in terms of nominal convergence criteria as well as real convergence criteria in order to prepare the economy to successfully participate in a monetary union.
Keywords: euro adoption; convergence; business cycle synchronization (search for similar items in EconPapers)
JEL-codes: E32 E52 F33 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (7)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:18612
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