Dumitrescu, Bogdan Andrei - In: Theoretical and Applied Economics 3(580)(supplement) (2013) 3(580)(supplement), pp. 477-488
The real convergence is a prerequisite for the long-term development of the EU member states, enhancing the effectiveness of monetary policy in the context of integration in the Economic and Monetary Union. Also, real convergence is a solid foundation for maintaining the nominal convergence...