Challenges in Global Economy

The article is putting before the reader the main aspects concerning the economic and financial international evolution. The progressive relation between the two major currencies, i.e. the U.S. dollar and the Euro, is to be considered as a starting point. The analysis is carried out within the frame...

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Main Author: Nicolae Danila
Format: Article
Language:English
Published: General Association of Economists from Romania 2006-03-01
Series:Theoretical and Applied Economics
Subjects:
Online Access:http://www.ectap.ro/articole/25.pdf
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author Nicolae Danila
author_facet Nicolae Danila
author_sort Nicolae Danila
collection DOAJ
description The article is putting before the reader the main aspects concerning the economic and financial international evolution. The progressive relation between the two major currencies, i.e. the U.S. dollar and the Euro, is to be considered as a starting point. The analysis is carried out within the frame of the basic statements of Lisbon Conference of March 2000. In this context, the analysis focuses on the prospects of the European Union against the USA competition, on one side, as well as China and Russian Federation, on the other side. Meantime, the analysis is emphasizing the main directions for the forecasted development of the markets in the USA, China, Russian Federation and European Union. The final conclusion of the analysis is, however, an “optimistic” one.
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spelling doaj.art-58e0086dc9394b7c9ac7d79f132be96b2022-12-21T18:45:38ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86782006-03-011(496)1(496)9497Challenges in Global EconomyNicolae DanilaThe article is putting before the reader the main aspects concerning the economic and financial international evolution. The progressive relation between the two major currencies, i.e. the U.S. dollar and the Euro, is to be considered as a starting point. The analysis is carried out within the frame of the basic statements of Lisbon Conference of March 2000. In this context, the analysis focuses on the prospects of the European Union against the USA competition, on one side, as well as China and Russian Federation, on the other side. Meantime, the analysis is emphasizing the main directions for the forecasted development of the markets in the USA, China, Russian Federation and European Union. The final conclusion of the analysis is, however, an “optimistic” one.http://www.ectap.ro/articole/25.pdffinancial marketEuroUS DollarEuropean Unioncross-borderhard currencyexchange rateparitycurrency
spellingShingle Nicolae Danila
Challenges in Global Economy
Theoretical and Applied Economics
financial market
Euro
US Dollar
European Union
cross-border
hard currency
exchange rate
parity
currency
title Challenges in Global Economy
title_full Challenges in Global Economy
title_fullStr Challenges in Global Economy
title_full_unstemmed Challenges in Global Economy
title_short Challenges in Global Economy
title_sort challenges in global economy
topic financial market
Euro
US Dollar
European Union
cross-border
hard currency
exchange rate
parity
currency
url http://www.ectap.ro/articole/25.pdf
work_keys_str_mv AT nicolaedanila challengesinglobaleconomy