This paper addresses the question of convergence in real wages across Romanian counties, while putting a spotlight on the recent economic crisis, which has hit hard the entire economy. Following the main methodological trends in the literature, convergence methods were applied using the...

The real convergence is a prerequisite for the long-term development of the EU member states, enhancing the effectiveness of monetary policy in the context of integration in the Economic and Monetary Union. Also, real convergence is a solid foundation for maintaining the nominal convergence...

The decision makers of the European Union have committed themselves a great number of times in the past decades to decreasing the economic and social differences between regions in the member states. This was designed to be achieved by the regional (cohesion) policy of the community; this is...

This study assesses the degree of financial integration in the WAEMU (West African Economic and Monetary Union). The structure of the financial sector and its institutional arrangements indicate that financial integration is well advanced in some aspects. Common and foreign ownership of banks is...

Real convergence represents an essential objective for Romania\'s integration into the EU.