Die Analyse zeigt, dass sich Unterschiede zwischen den norddeutschen Bundesländern Bremen, Hamburg, Mecklenburg-Vorpommern, Niedersachsen und Schleswig-Holstein sowie den süddeutschen Bundesländern Baden-Württemberg und Bayern bei der Wirtschaftsentwicklung nicht pauschal als ein...

Die Analyse zeigt, dass sich Unterschiede zwischen den norddeutschen Bundesländern Bremen, Hamburg, Mecklenburg-Vorpommern, Niedersachsen und Schleswig-Holstein sowie den süddeutschen Bundesländern Baden-Württemberg und Bayern bei der Wirtschaftsentwicklung nicht pauschal als ein...

The success of the integration process of Bulgaria and Romania is reflected by their nominal and real convergence process. These tendencies are of special importance considering further economic development of Bulgaria and Romania, and the shortening of the economic distance with more developed...

In conditions of financial globalization, innovations’ development and a broad spectrum of risks’ amplification, between financial stability and monetary stability are created an interdependence relationship. Ensuring systemic financial-monetary stability has become a priority of the...

In this paper we assess the evolution of Romania’s economic convergence with the European Union (EU) and Euro area, during the period 2000-2010. In order to determine the number of years required to reach the EU and Euro area average, we employ an economic convergence index, made up of real...

Abstract. The scope of this paper is to highlight the Romanian strategy towards the euro adoption. We structured our article on sections that cover four main research directions. The first one illustrates the interlinkages between nominal and real convergence; the second presents a comparative...

Schumpeter had a clear vision of the developing economy, but he did not formalize it. The quest for a germane formal basis is in the following guided by the general question: what is the minimum set of foundational propositions for a consistent reconstruction of the evolving money economy? We...

The current accounts of most EU member states in central and eastern Europe have been showing growing deficits in recent years. According to panel estimates the deficits can be attributed primarily to factors characteristic for the stage of development, ie the relative income level and high...