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Transactions: WSEAS TRANSACTIONS ON BUSINESS AND ECONOMICS
Transactions ID Number: 52-563
Full Name: Anca Tanasie
Position: Lecturer
Age: ON
Sex: Female
Address: str. A. I. Cuza, nr. 13, Craiova
Country: ROMANIA
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E-mail address: ancatanasie@gmx.de
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Title of the Paper: The equilibrium real exchange rate and competitiveness – essential issues for Romania's monetary integration
Authors as they appear in the Paper: Anca Tanasie, Laurentiu Dragomir
Email addresses of all the authors: AncaTanasie@gmx.de, dragomirlaur@yahoo.com
Number of paper pages: 10
Abstract: This paper aims to estimate the Equilibrium Real Exchange Rate (ERRE) for Romania after having precisely established the theoretical and conceptual basis of this indicator, its connection to the competitiveness issue, and its significance for a transition economy such as the Romanian one. The essential hypothesis generating this study is represented by the significance of the ERRE as the most important indicator of the international competitiveness all that in the context of the recent economic developments in Romania.
Keywords: Equilibrium Real Exchange Rate, competitiveness, macroeconomic equilibrium, Romania
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