Athenaeum University


Double Blind Review Evaluation

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Indexed by : RePEc |

Indexed by : CEEOL |

Indexed by : SSRN |

Indexed by : EBSCO |

Indexed by : CiteFactor |

Indexed by : Google Scholar |

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ISSN-L 2065 - 8168
ISSN (e) 2068 - 2077
ISSN (p) 2065 - 8168

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Address

Giuseppe Garibaldi No. 2A
Bucharest, Romania

Phones

Tel: +4 021.230.57.38
Fax: +4 021.231.74.18

Email

secretariat@univath.ro

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CHOICES OF A SUSTAINABLE GROWTH

 

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  1. Authors:
      • Andrei Mihai CRISTEA, email: cristeaandm@yahoo.com, Afiliation: Hyperion University, Bucharest, Romania
      • Miron DUMITRESCU, email: miron_hyp@yahoo.com, Afiliation: National Institute of Economic Research - Romanian Academy, Bucharest, Romania
      • Dan Gabriel CRISTEA, email: dancristea2@yahoo.com, Afiliation: Hyperion University, Bucharest, Romania
      • Eduardt Petrică SAMOILĂ, email: eduardt.samoila@yahoo.com, Afiliation: Hyperion University, Bucharest, Romania

    Pages:
      • 17|24

  2. Keywords: real convergence; economic growth; economic benefits

  3. Abstract:
    The article refers to the main pros and cons of the optimal currency area membership. Each country has the right to choose if it wants to be part of an economic Union, but this implies taking over certain specific costs but also gaining some benefits. On its way to the euro currency, our country must fulfil real convergence criteria, which create problems although they are not mentioned in any treaty. The article presents the current situation in Romania, but also some benefits of adoption, focusing on the risks of adopting the euro in a very short time.

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