The paper aims to evaluate the degree of business cycle synchronization and similarity of economic structures between Romania and the euro zone from the perspective of European Monetary Union (EMU) integration. Despite the fact that the euro adoption can generate benefits for the Romanian...

Monetary policy should be guided by macroeconomic models with limited nominal rigidity – ‘New Classical’ or even for some issues just plain Classical (i.e. with no nominal rigidity at all) models are perfectly adequate for understanding various aspects of the economy that have previously...

The monetary policy decision, as any other decision, is the product of a procedure assembling a lot of primary information, but also what type of other ingredients contribute finally to a certain monetary policy decision.

Throughout the last century, Romania's economy has suffered major adverse costs, especially caused by external factors, with an adverse impact both on the volume of foreign trade and its commodity structure and geographical orientation. The study focuses on the evolution of Romania's foreign...

The paper focuses on the evolution of the capital in Romania, in three extremely different periods during the last century, under the changes of internal / international context and political regimes, with special emphasis on the relationship with the country economic development. In the years...

Romanian Abstract: Problematica relaţiilor internaţionale este una de actualitate şi de interes pentru istoriografia europeană, având la bază cunoaşterea legăturilor dintre state, fie ele politice, economice, culturale, militare, religioase etc. Aria cercetării noastre s-a extins, pe de...

This paper assesses the level of readiness of Romania to adopt euro, based on nominal and real convergence criteria evaluation. We used the optimal currency area criteria in order to assess the real convergence process in Romania. The main conclusion of the paper is that more progress is...