Nominal convergence in post-accession Romania


  • Ion Lucian CATRINA Lecturer Ph.D. Academy of Economic Studies Bucharest Postdoctoral Program “Performance and excellence in postdoctoral research in Romanian economic science domain”


convergence, budget deficit, public debt, GDP, monetary union


This paper aims to analyze the achievement of nominal convergence criteria by the Romanian economy, as well as the macroeconomic effects caused by the strong targeting of these criteria. The global crisis caused a small contraction of governmental expenditure but a fast-growing public debt. The policies restricting budget deficit and public debt continue to produce strong theoretical debates on the right way to reach economic growth.   


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How to Cite

CATRINA, I. L. (2011). Nominal convergence in post-accession Romania. Annals of Spiru Haret University. Economic Series, 11(1), 27–34. Retrieved from