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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Format: | Article |
Language: | English |
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General Association of Economists from Romania
2006-03-01
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Series: | Theoretical and Applied Economics |
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Online Access: | http://www.ectap.ro/articole/25.pdf |
_version_ | 1819096710589186048 |
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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. |
first_indexed | 2024-12-22T00:03:31Z |
format | Article |
id | doaj.art-58e0086dc9394b7c9ac7d79f132be96b |
institution | Directory Open Access Journal |
issn | 1841-8678 |
language | English |
last_indexed | 2024-12-22T00:03:31Z |
publishDate | 2006-03-01 |
publisher | General Association of Economists from Romania |
record_format | Article |
series | Theoretical and Applied Economics |
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 |