Showing 1 - 10 of 153
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...
Persistent link: https://www.econbiz.de/10015225421
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...
Persistent link: https://www.econbiz.de/10015225516
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. Relying on BoP trade statistics published by Eurostat and the WTO, it …
Persistent link: https://www.econbiz.de/10008757373
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...
Persistent link: https://www.econbiz.de/10015219054
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...
Persistent link: https://www.econbiz.de/10015222712
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...
Persistent link: https://www.econbiz.de/10015222715
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...
Persistent link: https://www.econbiz.de/10015223607
Romania and the euro zone from the perspective of European Monetary Union (EMU) integration. Despite the fact that the euro …
Persistent link: https://www.econbiz.de/10015227107
The “new” economy seems to be vulnerable to cyclical shocks that increased in magnitude and induced higher volatilities on the markets. The role assumed by state in this equation of markets’ equilibrium significantly increased. The causes of current crisis of modern economies are strongly...
Persistent link: https://www.econbiz.de/10015228548
This paperwork is meant to treat some contemporary and stringent global problems, related to the almost new problematic of international monetary system and its crises, since the Bretton Woods system breakdown. In the last 3 decades, this subsystem of global economy becomes the most important...
Persistent link: https://www.econbiz.de/10015231051