Theoretical and Applied Economics
No. 4 / 2006 (499)
Romania's Accession to Second Modernity. Potential of Convergence
Cristian Socol
Academia de Studii Economice Bucuresti
Abstract. This paper analyses Romanian economy facing with European integration process at 2007. The Romanian economy advanced the development prudent macroeconomics policies and implement structural reforms in the market for goods, labor and financial products. We identify in this study the principal conditionalities for the admittance in European Union. The nominal and real convergence must be touched faster because this process supposes stability prices, the financial soundness indicators, the need to stabilize exchange rate. In addition, the real convergence with European Union is very important. First, we analyze the strategic errors of the Romanian authorities in transition period. Second, our study focuses on current challenges and makes suggestions for change the modernization process. Can Romanian economy obtain a grow faster convergence? Is the strategy of Romanian economy optimal?
Contents
Cognitive Economics – a Challenge for Romania
Romania's Accession to Second Modernity. Potential of Convergence
The Adjustment of VaR to the Empirical Distribution of Returns
Models and Rules of Evaluation in International Accounting
Epistemological Suggestions in „Entropy Low and Economic Process”
Recognition and Evaluation of Assets Depreciation – Influences on Financial Reports
Jobs Decline – a Tragedy of the XXI Century?
Interaction between Economic Education and Strategic Planning in the New Complexity of the Social Life
Sustainable Utilization Model of Natural Resources in Danube Delta
External Balance Payments – Macroeconomic Analysis Instrument