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Title: What should Romania expect for? A few comments on the subjects of convergence, cohesion and divergence in the EU
Authors: Zait, Adriana
Keywords: Zait
Issue Date: 2005
Publisher: Universidade Autónoma de Lisboa. Departamento de Ciências Económicas e Empresariais. Departamento de Direito
Abstract: Only twoyears andRomania should catch the last wagon ofthe EUintegration train andjoin the otherformer candidate countriesfrom CEE. WhatshouldRomania expectfor? One of the "hot ” subjects concerns the convergence criteria - both nominal and real - and possible Solutionsfor the newly entrant countries. What we intend through thepresent article is a reviewofthe main concepts and debates on the subject ofconvergence (nominal and real - beta, sigma or gamma convergence) and those related— theories and models ofeconomic convergence (neo-classical, neo-liberal, augmented neo-classical, endogenous growth, regional growth), further debates on the Balassa-Samuelson dilemma, on the optimum currency area, core-periphery scenarios, simultaneous and consecutiveperiods ofconvergence and divergence and others. The purpose is to obtain a synthesis ofthe issues Romania should deal with, in the integration perspective.
Peer Reviewed: yes
ISSN: 0873-495X
Appears in Collections:GALILEU - Revista de Economia e Direito. Vol.10, nº1(2005)

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