Nothing Special   »   [go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/khe/journl/v7y2015i2p51-56.html
   My bibliography  Save this article

Real Economic Convergence – an Important Criterion for Euro Adoption’s Schedule in Romania

Author

Listed:
  • Virginia Campeanu
  • Dana Ghitac
Abstract
There are historical gaps regarding economic and social development between the nucleus of old European Union members (EU-15) and the new Central and Eastern Europe (CEE) member states. As a result, one of the EU main objectives is to minimize the discrepancies between countries and to assure their harmonious development, a process known as real convergence, which is long and will take place gradually (as stipulated by the Maastricht Treaty). The purpose of this research report is to analyze the trend of economic gaps between Romania and the EU and to measure the speed of real convergence and dispersion of income per capita in Romania compared with EU average and other 5 CEE countries, outside the Euro Area: Bulgaria, Czech Republic, Croatia, Poland and Hungary. Results are based on dynamic comparative analysis of the level Indicators (GDP per capita) in Romania, the EU-28 average and each of other five CEE outside the Euro Area. We will use the output of our analysis to advance 2 probable variants of the euro adoption schedule in Romania, according with real economic convergence dynamic, and with the assumption that nominal convergence criteria are fulfilled in 2015.

Suggested Citation

  • Virginia Campeanu & Dana Ghitac, 2015. "Real Economic Convergence – an Important Criterion for Euro Adoption’s Schedule in Romania," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(2), pages 51-56, June.
    • Handle: RePEc:khe:journl:v:7:y:2015:i:2:p:51-56
    as

    Download full text from publisher

    File URL: http://orizonturi.ucdc.ro/arhiva/khe7nr2/Campeanu.pdf
    Download Restriction: no
    File URL: http://orizonturi.ucdc.ro/arhiva/khe7nr2/Campeanu.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Iancu Aurel, 2007. "Convergenţa reală şi integrarea," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 03, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Raluca Necula & Mirela Stoian & Manea Draghici, 2016. "The Convergent Evolution of Romania’s Gross Domestic Product in Relation to the Average Macro-Economic Result of the European Union Countries," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 18(43), pages 575-575, August.
    2. Olteanu, Dan, 2020. "Domestic Product versus Personal Income Convergence, within EU and Euro Area," Working Papers of National Institute for Economic Research 201221, Institutul National de Cercetari Economice (INCE).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:khe:journl:v:7:y:2015:i:2:p:51-56. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adi Sava (email available below). General contact details of provider: https://edirc.repec.org/data/ffucdro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.