This paper examines the evolution of the EU's trade in services over the 2004-2008 period in comparison with its trade in goods. It aims to disentangle the main trends shaping the EU's services trade flows under the impact of increasing globalisation and the last two waves of EU enlargement....

This paper examines the evolution of the EU’s trade in services over the 2004-2008 period in comparison with its trade in goods. It aims to disentangle the main trends shaping the EU’s services trade flows under the impact of increasing globalisation and the last two waves of EU enlargement....

This study offers from the beginning a survey about the institutional construction in the pre- and post-adhesion stages to European Economic and Monetary Union, about the exchange rate mechanism applied by the different countries and about convergence criteria.

The study is based on the critical observations that the competitive market forces alone are not able to assure the convergence with the developed countries. 

The study defines the three types of convergence – institutional, nominal and real ones –, the connection among them and their main measurement indicators. 

În literatura de specialitate s-au consacrat o serie de modele ÅŸi metode de măsurare a timpului necesar pentru a recupera decalajele dintre diferite sisteme, prin determinarea ritmului de dezvoltare pentru a ajunge la un anumit nivel de referinţă, într-o perioadă determinată...

The English version of this paper can be found at 'http://ssrn.com/abstract=2598758' http://ssrn.com/abstract=2598758Romanian Abstract: Odată cu prăbuşirea blocului sovietic în Europa, ţările din Balcani, cu excepţia Greciei si a Turciei, au intrat într-o perioadă destul de...

Romanian Abstract: Această lucrare are la bază o investigaţie în care mai mulţi administratori de firme româneşti au fost interogaţi cu privire la strategiile aplicate pentru a face faţă schimbărilor induse de iminenta aderare a României la Uniunea Europeană. Am identificat...

During the last decades, the monetary policy had to face significant changes caused by various processes. This paper explores the challenges induced by the recent global crisis to the central banks policies. We approach some possible solutions to the dramatic consequences of the crisis: the...

This paper explores some recent challenges for the inflation targeting. The circumstances are different for the emerging market countries and for the industrialized ones. In many emerging market countries the central banks adopted more or less formally the inflation targeting, in order to gain...