Showing 1 - 10 of 21
This research paper aims to analyse some Early Warning Systems (EWS) for predicting financial crises. The importance of such a study is undeniable in the context of the current and future mix of policies applied by the monetary authority, in which financial stability and price stability play an...
Persistent link: https://www.econbiz.de/10012017060
Starting from 1999 sixteen countries have adopted euro as a single currency. Considering that the Maastricht Treaty … stipulates that all the European Union countries must adopt euro once they meet the requirements stipulated it is not a question … of “if to join the euro area”, but rather of “when”. Therefore adopting euro currency is not and it should not be a …
Persistent link: https://www.econbiz.de/10012016923
Considering the difficulties created by the economic crisis, many exporters have criticized the National Bank of Romania (NBR)’s policy regarding the exchange rate evolution. They argue that depreciation is a necessary condition for recovery and not financial stability. On the contrary,...
Persistent link: https://www.econbiz.de/10012016927
The creation of the European Monetary Union was both a political and an economic decision considered to be a success for almost a decade. Starting from 2008-2009, the EMU has been facing the most difficult moments of its existence. This paper aims at analyzing the impact of the current financial...
Persistent link: https://www.econbiz.de/10012016976
from "Romania can fulfill the nominal convergence criteria?” in "Is it advisable for Romania to adopt the Euro, given the … investigate Romania's capacity to approach the nominal convergence criteria and so realistic goal of joining the Euro it is. …
Persistent link: https://www.econbiz.de/10012016994
Dans l’etude ci-dessous on a ete realise une interpretation de l'impact des fluctuations des taux de change du leu moldave (MDL) sur certaines variables economiques. La periode consideree est Novembre-Decembre 2014 et le debut de l'annee 2015. Notamment au cours de cette periode, le taux de la...
Persistent link: https://www.econbiz.de/10012017201
The current paper offers an analysis of the speeches about Romania's accession to the Eurozone of the main personalities from the political and economic field in Romania. Adherence to the European single currency represents a political decision that should be closely linked to an objective...
Persistent link: https://www.econbiz.de/10012017387
In the past two decades the volume of Foreign Direct Investments increased substantially becoming a phenomenon that characterizes the economic environment in the emerging markets. The aim of this working paper is to investigate the Foreign Direct Investments Inflows in the BRICS economies. The...
Persistent link: https://www.econbiz.de/10012017209
This article takes a look at the well known economical and financial crisis, which affected all the countries in the world. When comes to Europe, the most affected countries were the Baltic countries: Estonia, Latvia and Lithuania. The economy of these countries shrank enough, so that they cope...
Persistent link: https://www.econbiz.de/10012016913
Trade is one of the key factors directly linked with development and especially with regional development. We take upon analysis the EU case in order to see how the international financial crisis has affected the mechanism of international exchange of goods and services. We focus mainly on...
Persistent link: https://www.econbiz.de/10012016931