The disadvantages of joining the euro: lessons for Romania

Authors

  • O.M. Tierean Transilvania University of Brasov, Romania
  • S.H. Tierean Erasmus Research Institute of Management

Keywords:

Eurozone, deflation, competitiveness, asymmetric shock

Abstract

The article covers the disadvantages the countries that are currently within the Eurozone are facing at the moment and how these disadvantages will impact the Romanian society if it joins the Euro. The article is divided into 3 chapters: the deflationary impact, the decline in competitiveness and asymmetric shocks.

Author Biographies

O.M. Tierean, Transilvania University of Brasov, Romania

Dept. of Marketing, Tourism and International Relations

S.H. Tierean, Erasmus Research Institute of Management

Dept. of Business-Society Management

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Published

2013-09-10

Issue

Vol. 6(55) No. 1 (2013)

Section

FINANCE AND ACCOUNTANCY

License

Copyright (c) 2013 Bulletin of the Transilvania University of Brasov. Series V: Economic Sciences

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.