Theoretical and Applied Economics
No. 2 / 2006 (497)
Romania's Dilemmas in Perspective of EMU Integration
Cristian Socol
Aura Niculescu
Academy of Economic Studies, Bucharest
Aura Niculescu
Academy of Economic Studies, Bucharest
Abstract. Our study evaluates the trade-off between real and nominal convergence in transition countries relating European integration (case of Romania). The potential conflict between Maastricht criteria and the possibility to obtain a faster real convergence with the European Union countries is explained with Ballassa-Samuelson effect. In addition, according this effect, we study the monetary policy regimes for Romanian authorities in perspective of the future admittance in Exchange Rate Mechanism II (ERM II).
Keywords: integration; nominal convergence; real convergence; Ballassa-Samuelson effect; ERM II.
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Contents
Marin Dinu
- European Level Test of Romanian Enterprise Governance
Niculae Feleaga
- Investment Patterns on Emerging Stock Markets
Adrian Zoicas-Ienciu
- Public Sector and Europeanization Challenges
Lucica Matei
- Credit Institutions Management Evaluation using Quantitative Methods
Nicolae Dardac
Bogdan Moinescu
- Financial Investment Services Regulation
Gabriela Anghelache
- Local Public Administration Reform. The Romanian Case
Tudorel Andrei
Marius Profiroiu
Mihai Turturean
- Unemployment in Romania. A Retrospective Study
Alina Badulescu
- Sistemic Approach – a Complexity Management Instrument
Vadim Dumitrascu
- Knowledge Society and the Communication Economy in Romania
Mihail Epuran
Alina Almasan
- Demographic Evolution in Romania – Convergence or Peripherisation?
Adriana Veronica Litra
- Macroeconomic Proportions and Corellations
Constantin Anghelache
Alexandru Isaic-Maniu
Constantin Mitrut
Vergil Voineagu
- Romania's Dilemmas in Perspective of EMU Integration
Cristian Socol
Aura Niculescu
