Theoretical and Applied Economics
No. 1 / 2013 (578)
The risks of Euro adoption in Romania – an analysis based on ten criteria
The Bucharest University of Economic Studies
Abstract. In this study, I have proposed and examined ten criteria to analyze the challenges of joining at Monetary Union, explaining the need to include them in government and multinational companies’ strategies. The criteria adopted in the case of Romania concern the potential impact of Euro adoption on economic activities, the common monetary policy effects on the Romanian economy, synchronization with the Euro area, labour market flexibility, as a tool of shocks adjustment etc. After stating each criterion, I have made a brief analysis of how that could affect the balance of costs and benefits of giving up own currency, using conclusions of the optimum currency areas theory.
Keywords: real convergence; trade integragion; business cycle convergence; labour market flexibility; optimum currency area.
Contents
- Corruption, public integrity, and globalization
in South-Eastern European states.
A comparative analysis
Andrew I.E. EWOH
Ani MATEI
Lucica MATEI
- The risks of Euro adoption in Romania –
an analysis based on ten criteria
Marius-Corneliu MARINAŞ
- The impact of foreign direct investment on economic
growth: the Portuguese experience
Nuno Carlos LEITÃO
Saeed RASEKHI
- Employment in the EU countries:
a panel data analysis
Larisa STĂNILĂ
Mădălina ANDREICA
Amalia CRISTESCU
- Territorial efficiency of the cohesion policy
in Romania
Daniela Livia TRAŞCĂ
Mirela Ionela ACELEANU
Daniela SAHLIAN
- Corporate social responsibility and organizational
identity in post-crisis economy
Diana Andreia HRİSTACHE
Claudia Elena PAİCU
Nilgün İSMAİL
- Urban and rural educational system disparities
in Romania
Mihaela Roberta STANEF
- Adaptation of the tourism in Romania
to the new economic context imposed
by the global economic crisis (in 2010)
Silvia IFTIME
Paulina Cornelia PODINA