Real Convergence and Integration
The study is based on the critical observations that competitive market forces alone are not able to assure convergence with the developed countries. These observations are grounded on the results of the computation of the marginal rate of return to capital (which contradict the neoclassical model h...
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| Format: | Article |
| Language: | English |
| Published: |
European Institute of Romania
2007-12-01
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| Series: | Romanian Journal of European Affairs |
| Subjects: | |
| Online Access: | https://rjea.ier.gov.ro/wp-content/uploads/articole/RJEA_Vol7_No4_Real_Convergence_and_Integration.pdf |
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