Dumitru, Ionut (2009): Adoptarea euro in Romania.
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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.
|Item Type:||MPRA Paper|
|Original Title:||Adoptarea euro in Romania|
|English Title:||Euro adoption in Romania|
|Keywords:||euro adoption, convergence, business cycle synchronization|
|Subjects:||E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations ; Cycles
E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary Policy
F - International Economics > F3 - International Finance > F33 - International Monetary Arrangements and Institutions
|Depositing User:||Ionut Dumitru|
|Date Deposited:||18. Nov 2009 09:28|
|Last Modified:||11. Feb 2013 17:15|
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