THE PERSPECTIVE OF ROMANIA'S CONVERGENCE IN THE EUROPEAN UNION

In the paper we intend to analyze how Romania fulfills the Maastricht criteria. As a basis of assessment, we have used the convergence reports from 2014 and 2016. Our conclusion is that while most of the convergence criteria are met by Romania, the target of 2019 is inoperable and the setting of ano...

Full description

Saved in:
Bibliographic Details
Published in:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie 2017-11, Vol.1 (special issue), p.187-193
Main Author: DUŢĂ ALEXANDRU
Format: Article
Language:English
Subjects:
budget deficit
convergence criteria
financial stability
HICP inflation
public debt
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In the paper we intend to analyze how Romania fulfills the Maastricht criteria. As a basis of assessment, we have used the convergence reports from 2014 and 2016. Our conclusion is that while most of the convergence criteria are met by Romania, the target of 2019 is inoperable and the setting of another target must take into account, in addition to the convergence criteria and financial stability, also the structural competitiveness of the Romanian economy.
ISSN:1844-7007
1844-7007