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...

The purpose of this paper is to present, in a general, non exhaustive manner, a diachronic relationship the macroeconomic phenomenology of Kondratieff cycles and higher education –targeted reforms. Historical evidence presented by the speciality literature show that these reforms have occured...

This paper try to study the arrears and the facility of payment’s overdue debts in Gorj county. The study points out the dramatic evolution in Gorj county of arrears. The conclusion is that even the Gorj county belongs into the few other counties in Romania which have little debtors and many...

Romanian Abstract: Uniunea Europeană şi Piaţa sa unică au generat în ultimii 50 de ani noioportunităţi pentru companiile europene, care şi-au îmbunătăţit competitivitatea internă şiinternaţională, au creat noi locuri de muncă şi au oferit consumatorilor europeni...

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...

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...

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...

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...

This paper aims to review existing literature on the endogenous effects of monetary integration: whether sharing a single currency may set in motion forces bringing countries closer together. The first part is a review of significant paper in the vast literature on the endogeneity of optimum...

The aim of this paper is to analyze whether the Euro zone is an optimal currency area. The analysis takes into consideration the existing literature and the empirical data for several criteria of the optimum currency area theory. Since the introduction of the euro there have been significant...