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Economic Development And Convergence In Romania

Author

Listed:
  • Elena-Raluca, MOISESCU (DUICAN)

    (Academy of Economic Studies, Bucharest.)

Abstract

This paper presents the economic connection between nominal convergence, real convergence and economic development in Romania. It is shown that fulfilling the nominal criteria is not enough to enter the Economic Monetary Union. It needs to be accompanied by a sustainable economic development and an increasing labour productivity.

Suggested Citation

  • Elena-Raluca, MOISESCU (DUICAN), 2014. "Economic Development And Convergence In Romania," Management Strategies Journal, Constantin Brancoveanu University, vol. 26(4), pages 159-165.
    • Handle: RePEc:brc:journl:v:26:y:2014:i:4:p:159-165
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    References listed on IDEAS

    as
    1. J.M. Figuet & Nikolay Nenovsky, 2006. "Convergence and Shocks in the road to EU: Empirical investigations for Bulgaria and Romania," Post-Print halshs-00259703, HAL.
    2. Monica Raileanu Szeles & Nicolae Marinescu, 2010. "Real convergence in the CEECs, euro area accession and the role of Romania," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 7(1), pages 181-202, June.
    3. Ion Ghizdeanu, 2012. "Romania Between Sustainable Development And Real Convergence," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 37-43, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economic development; convergence; real convergence; nominal convergence;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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