Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/110439
Authors: 
Triandafil, Cristina Maria
Year of Publication: 
2011
Series/Report no.: 
Working Papers of National Institute of Economic Research, Romanian Academy 111205
Abstract: 
This study envisages analyzing the convergence criteria in the context of recent macroeconomic developments, focusing on their sustainability. In order to highlight the sustainability of convergence indicators, the paper includes an analysis of the initial dynamics, both in terms of nominal and real plan, highlighting the need for an integrated approach aiming to capture the junction between the two types of convergence processes. Subsequently, sustainability is revealed through the prism of critical aspects, and through the correlation between economic cycles in the European Union. Study findings and proposals tend to review the set of indicators related to the process of nominal convergence towards the integration of real dimension of this process in order to achieve a striking mix.
Subjects: 
nominal and real convergence
convergence criteria
sustainability of convergence
economic cycles
JEL: 
E20
E60
E61
E52
Document Type: 
Working Paper

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