MACROECONOMIC CONVERGENCE IN THE EUROPEAN UNION. THE CASE OF ROMANIA

Real economic integration and rapid convergence of all European Union (EU) countries are both the most important medium-term objective and the most important instrument for curbing current centrifugal trends. This article aims to address the degree of integration of the EU countries from a macroe...

Full description

Bibliographic Details
Main Author: Robert-Ionuț Dobre
Format: Article
Language:ron
Published: Institute for World Economy 2018-01-01
Series:Revista de Economie Mondială
Subjects:
Online Access:http://iem.ro/rem/index.php/REM/article/view/614/686
Description
Summary:Real economic integration and rapid convergence of all European Union (EU) countries are both the most important medium-term objective and the most important instrument for curbing current centrifugal trends. This article aims to address the degree of integration of the EU countries from a macroeconomic perspective by analyzing some of the major indicators statically and dynamically. It concludes that integration is a long-term process that requires significant efforts from all the actors involved. Furthermore, the objective of the macroeconomic convergence process must be the welfare of all EU citizens.
ISSN:2343-9521
2343-9521