Showing 1 - 10 of 44
Romania and the euro zone from the perspective of European Monetary Union (EMU) integration. Despite the fact that the euro … and the euro zone, on the importance of the idiosyncratic shocks for the Romanian macroeconomic fluctuations, on the … convergence of the Romanian business cycle with that of the euro zone, however, with regard to structural convergence, the …
Persistent link: https://www.econbiz.de/10015227107
This paper presents the main costs and benefits of accession to the EMU countries, different transmission mechanisms of monetary policy measures villages as national fiscal policies and the procedures for quantifying the effects of these measures on the real economy. Are costs caused by the...
Persistent link: https://www.econbiz.de/10005087788
This paper assesses the level of readiness of Romania to adopt euro, based on nominal and real convergence criteria …
Persistent link: https://www.econbiz.de/10015219054
This study is meant to underline some contemporary and stringent global problems, related to the international monetary system area and its crises. In the last 3 decades, this subsystem of global economy becomes the most important and the most instable as well. The last contagious monetary or...
Persistent link: https://www.econbiz.de/10015222712
Over viewing the most recently evolutions throughout global economy, this study conceive that the collateral effects of economical globalization and market integration, represents the main issues debated in specialized professional or political circles. The unanimous impression underlines the...
Persistent link: https://www.econbiz.de/10015222715
The international organizations acting at world-wide scale seems unable to manage the multitude of rising problems due to the accelerated globalization and of the fast geopolitics’ shift. The world is facing growing imbalances in international trade and financial flows, deepening of social...
Persistent link: https://www.econbiz.de/10015223607
business cycle synchronization based on evidences provided by the euro area experience. The main conclusion is that the …
Persistent link: https://www.econbiz.de/10015225421
The aim of this paper is to analyze whether the Euro zone is an optimal currency area. The analysis takes into … introduction of the euro there have been significant advancements in fulfilling some of the criteria, but there is still a need of … further progress in terms of wage flexibility, fiscal and political integration. The final conclusion is that Euro zone is not …
Persistent link: https://www.econbiz.de/10015225516
The “new” economy seems to be vulnerable to cyclical shocks that increased in magnitude and induced higher volatilities on the markets. The role assumed by state in this equation of markets’ equilibrium significantly increased. The causes of current crisis of modern economies are strongly...
Persistent link: https://www.econbiz.de/10015228548
This paperwork is meant to treat some contemporary and stringent global problems, related to the almost new problematic of international monetary system and its crises, since the Bretton Woods system breakdown. In the last 3 decades, this subsystem of global economy becomes the most important...
Persistent link: https://www.econbiz.de/10015231051