The Romania’s challenges regarding the integration in the Euro Area

Considering the fact that Romania joining the euro area is a major country project, as was entering the European Union on January 1, 2007, this paper analyzes the way Romania currently meets the convergence criteria, the importance of their sustainability, the level of real convergence and further s...

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Main Author: Iulian Nicolae VASILOIU
Format: Article
Language:English
Published: General Association of Economists from Romania 2016-12-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1223.pdf
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author Iulian Nicolae VASILOIU
author_facet Iulian Nicolae VASILOIU
author_sort Iulian Nicolae VASILOIU
collection DOAJ
description Considering the fact that Romania joining the euro area is a major country project, as was entering the European Union on January 1, 2007, this paper analyzes the way Romania currently meets the convergence criteria, the importance of their sustainability, the level of real convergence and further steps to be taken before adopting the euro. All these issues are meant to secure rigorous economic preparation, in order to reach a certain level of development, that can deal with competitiveness and which can ensure a relatively high level of convergence of income per capita.
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spelling doaj.art-7dfc5b0d22a24cd7acbf12ea1bb1155a2022-12-22T02:36:12ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292016-12-01XXIII4435618418678The Romania’s challenges regarding the integration in the Euro AreaIulian Nicolae VASILOIU0 “Costin C. Kiriţescu” National Institute for Economic Research, Romanian Academy, Romania Considering the fact that Romania joining the euro area is a major country project, as was entering the European Union on January 1, 2007, this paper analyzes the way Romania currently meets the convergence criteria, the importance of their sustainability, the level of real convergence and further steps to be taken before adopting the euro. All these issues are meant to secure rigorous economic preparation, in order to reach a certain level of development, that can deal with competitiveness and which can ensure a relatively high level of convergence of income per capita. http://store.ectap.ro/articole/1223.pdf Convergence criteriaGDP per capitaRegional gross domestic productEuro areaRomania
spellingShingle Iulian Nicolae VASILOIU
The Romania’s challenges regarding the integration in the Euro Area
Theoretical and Applied Economics
Convergence criteria
GDP per capita
Regional gross domestic product
Euro area
Romania
title The Romania’s challenges regarding the integration in the Euro Area
title_full The Romania’s challenges regarding the integration in the Euro Area
title_fullStr The Romania’s challenges regarding the integration in the Euro Area
title_full_unstemmed The Romania’s challenges regarding the integration in the Euro Area
title_short The Romania’s challenges regarding the integration in the Euro Area
title_sort romania s challenges regarding the integration in the euro area
topic Convergence criteria
GDP per capita
Regional gross domestic product
Euro area
Romania
url http://store.ectap.ro/articole/1223.pdf
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AT iuliannicolaevasiloiu romaniaschallengesregardingtheintegrationintheeuroarea