Trends and Challenges of Cohesion and Convergence in the European Union

Authors

  • Adrian Petre The Bucharest University of Economic Studies

Keywords:

economic convergence, cohesion, community acquis, sustainable economic growth

Abstract

Abstract. The purpose of the present study is to analyze the new challenges and trends regarding economic convergence in terms of nominal, real and institutional approaches. The study describes, in the first part, the importance of cohesion in achieving sustainable convergence, then the analysis focuses on the need for reformulation of nominal convergence criteria and the latest trends regarding real convergence. The main findings of the study is that the convergence process is a complex and difficult to be carried out, and the process of integration should be expanded in size and indented from the economic point of view.

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Published

2016-01-06

How to Cite

Petre, A. (2016). Trends and Challenges of Cohesion and Convergence in the European Union. International Journal of Economic Practices and Theories, 5(4), 381-388. Retrieved from http://ijept.eu/index.php/ijept/article/view/Trends_and_Challenges_of_Cohesion_and_Convergence_in_the_Europ

Issue

Vol. 5 No. 4 (2015)

Section

Articles

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