Acta academica karviniensia 2022, 22(1):121-134 | DOI: 10.25142/aak.2022.010

Hodnocení konvergenčních kritérií v Rumunsku na cestě k přijetí eura

Georgiana-Loredana Schipor, Cristina Duhnea
Ovidius University of Constanta, Faculty of Economic Sciences, 124 Mamaia Blvd., Constanta, 900527, Romania

The paper aimed to make an analysis of the euro adoption process of Romania and its path to the exchange rate mechanism (ERM II). The research was conducted from the perspective of the actions taken at European level for the third round of enlargement of the euro area, with its structural risks and challenges. In developing the research, both nominal and real convergence criteria were taken into account in order to outline the general achievements of monetary and fiscal policies, emphasizing the need to find an optimal timing to join the Eurozone considering the balance between costs and benefits. The analysis of the fulfillment of the Maastricht nominal criteria showed, in the past, the illusion of short-term monetary integration, but the evolutions of the last two years raise serious questions regarding the capacity of the Romanian economy to align with the European level of monetary integration and highlight the gaps between Romania and euro area. By comparison, the attitude of the citizens, although more temperate in the context of the COVID-19 pandemic and the perspective of a new economic crisis, showed an optimism which, unfortunately, is not supported by the capacity of the Romanian economy to meet the accession conditions.

Klíčová slova: convergence, euro adoption, pandemic, Romania.
JEL classification: E52, F15, F36

Vloženo: 31. leden 2021; Revidováno: 12. březen 2021; Přijato: 18. květen 2022; Zveřejněno: 25. květen 2022  Zobrazit citaci

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Schipor G, Duhnea C. Hodnocení konvergenčních kritérií v Rumunsku na cestě k přijetí eura. Acta academica karviniensia. 2022;22(1):121-134. doi: 10.25142/aak.2022.010.
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