Theoretical and Applied Economics
No. 2 / 2006 (497)
Romania's Dilemmas in Perspective of EMU Integration
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).
Contents
In memoriam – Nicholas Georgescu- Roegen. A New Paradigm
European Level Test of Romanian Enterprise Governance
Investment Patterns on Emerging Stock Markets
Capitals Cost and the Investments Actualisation Rate
Public Sector and Europeanization Challenges
Credit Institutions Management Evaluation using Quantitative Methods
Oportunities and Dimensions of a Romanian Environment Code
Financial Investment Services Regulation
Local Public Administration Reform. The Romanian Case
An Algoritm for the Alocation Optimization of Trading Executions
Unemployment in Romania. A Retrospective Study
Sistemic Approach – a Complexity Management Instrument
Knowledge Society and the Communication Economy in Romania
Demographic Evolution in Romania – Convergence or Peripherisation?
Macroeconomic Proportions and Corellations
Romania's Dilemmas in Perspective of EMU Integration
Supranational as Intermediate State. An Escape Project from Adversity Era