THE ANALYSIS OF THE CONVERGENCE CRITERIA. EMPIRICAL PERSPECTIVE IN THE CONTEXT OF THE SUSTAINABLE CHARACTER HIGHLIGHT

Cristina Morar Triandafil ()

Working Papers of National Institute for Economic Research from Institutul National de Cercetari Economice (INCE)

Abstract: This study envisages analyzing the convergence criteria in the context of recent macroeconomic developments, focusing on their sustainability. In order to highlight the sustainability of convergence indicators, the paper includes an analysis of the initial dynamics, both in terms of nominal and real plan, highlighting the need for an integrated approach aiming to capture the junction between the two types of convergence processes. Subsequently, sustainability is revealed through the prism of critical aspects, and through the correlation between economic cycles in the European Union. Study findings and proposals tend to review the set of indicators related to the process of nominal convergence towards the integration of real dimension of this process in order to achieve a striking mix.

Keywords: nominal and real convergence; convergence criteria; sustainability of convergence; economic cycles (search for similar items in EconPapers)
JEL-codes: E20 E52 E60 E61 (search for similar items in EconPapers)
Pages: 45 pages
Date: 2011-12
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.workingpapers.ro/2011/wpince111205.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ror:wpince:111205

Access Statistics for this paper

More papers in Working Papers of National Institute for Economic Research from Institutul National de Cercetari Economice (INCE) Contact information at EDIRC.
Bibliographic data for series maintained by Dan Constantin ().