Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/110443
Authors: 
Triandafil, Cristina Maria
Year of Publication: 
2013
Series/Report no.: 
Working Papers of National Institute of Economic Research, Romanian Academy 130618
Abstract: 
This postdoctoral research aimed to highlight sustainability convergence criteria in the context of financialisation, with impact on the prudential regulator. Based on complex analysis, the research work has revealed that countries in Central and Eastern Europe still face significant macroeconomic risks caused by fragile macroeconomic structures. These countries have been undergoing a catching up process that contributes to the amplification of divergence across the European Union. Being heavily dependent on external financial flows, these countries involve a high macro-prudential risk, affecting the pace of real convergence.
Subjects: 
convergence
macro-prudential
sustenability
nominal and real economy
JEL: 
E20
E60
E51
E52
Document Type: 
Working Paper

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