Main Economic Policies in order to Manage an Optimum Accession of Romania to the Euro Zone
Main Economic Policies in order to Manage an Optimum Accession of Romania to the Euro Zone

Summary/Abstract: The present paper aims at analysing several options concerning the economicpolicies Romania should adopt in the following years, in order to attenuate the long termvulnerabilities within the process of joining to the Euro zone, with the observation that, theeconomic policies proposed in the current work were selected mainly based on the decisivefactors for the real equilibrium exchange rate in Romania. Fulfilling the nominal criteria foradhesion can prove itself to be more facile but not able to ensure, on a long term and in asustainable manner, reaching an optimum for the economy that adheres irreversibly to theEuro zone. It is important to analyze how the competitiveness of other economies evolved priorand after joining the Euro zone, from the perspective of identifying some economic policiesmeant to ensure the accomplishment of the real convergence criteria to the Euro zone forRomania’s case, on a long term. The economic policies proposed by the authors try to helpcovering the greatest delays for Romania in comparison with other states in the Euro zone andwhich, unsolved, can create in time significant vulnerabilities on a long term, having a negativeimpact for many generations of Romanians from now on.

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