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Economic integration in Europe knows different stages and degrees of integration, Economic and Monetary Union (EMU) being the penultimate stage which involves harmonizing fiscal and monetary policies. In this respect, in the desire to show the contribution to the increasing of economic...
Persistent link: https://www.econbiz.de/10010858325
The project goal is to realize a pragmatic and analytical study on the new economic governance regarding the adoption of the single currency by the new member states of the European Union, while identifying the trends of major interest for Romania within the new post-crisis context. On these...
Persistent link: https://www.econbiz.de/10010546952
The global economic and financial crisis seems to have unfortunate residual effects materialised in the increase of the budget deficits and of the public debt within the European Union, situation observed mostly in the old member states. Among the major effects of the crisis we can notice more...
Persistent link: https://www.econbiz.de/10010553239
Theoretically, the determinism represents a concept according to which the phenomena are generated by chains of causes and effects by conditionings and laws, by the necessary and repetitive interactions. As regards socio-economic determinism, it can be said that it shows the importance of the...
Persistent link: https://www.econbiz.de/10010836980
The integration within the Economic and Monetary Union requires the participation to the Exchange Rate Mechanism II (ERM II) and meeting the nominal convergence criteria set by the Maastricht treaty. Under these circumstances, it becomes crucial to establish the central parity upon entering ERM...
Persistent link: https://www.econbiz.de/10010583884
As of September 2008, the vulnerabilities accumulated during the previous periods overlapped the devastating effects of the crisis in the new member states (NMS) of the European Union, deteriorating the main macro-indicators and increasing the economic instability, which generated a profound...
Persistent link: https://www.econbiz.de/10009145197
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In the context of globalization and the tightening of relationships among countries, we consider to be important an analysis of the national interest of an economy. The national interest is a complex concept consisting of many interests that occur at several levels, converging towards assuring...
Persistent link: https://www.econbiz.de/10011211827