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We analyse in this paper the main achievements of Romania during the period of ten years since joining the European Union. The analysis is based on a proposed Index of Structural Changes constructed that express the overall progress in five areas: business environment, labour market, state...
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Romania joined the European Union after many years of uneven efforts and uncertainty about the effective date of integration. In this paper we try to evaluate the economic situation of Romania at the moment of joining the European Union. We try to identify the main macroeconomic developments...
Persistent link: https://www.econbiz.de/10014053164
Romania started the transition process by adopting a gradualist strategy for implementing its economic reforms, most of which being carried out independently and not through a concrete and cohesive policy package. The dynamics of restructuring on the labor market is analyzed by the Index of...
Persistent link: https://www.econbiz.de/10014205968
This paper proposes a simple method to assess the sustainability of public finances in Romania, which uses the twin deficits concept. We conclude that the sustainability of the country has been seriously affected by the recent crisis, but to a larger extent by the inappropriate design of...
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The monetary integration of EU countries raises the issue of completing the enlargement process of the union by integrating former socialist countries not only economically, but also monetarily. Although unanimously recognized as a two step process, the full EU integration of transitional...
Persistent link: https://www.econbiz.de/10014067373
Romania started the transition process by adopting a gradualist strategy for implementing its economic reforms, most of which being carried out independently and not through a concrete and cohesive policy package. The dynamics of restructuring on the labor market is analyzed by the Index of...
Persistent link: https://www.econbiz.de/10014068375