INTEGRATION OF THE NEW MEMBER COUNTRIES IN EU: MACROECONOMIC OBJECTIVENESS AND POLICIES

IVAN TODOROV

 

Abstract
The main features of the macroeconomic objectiveness in the process of member-countries integration into the EU are being analyzed. Recommendations have been made for the macroeconomic policies which the member countries should follow in the conditions of a global financial crisis.

 

Key words
macroeconomic objectiveness, macroeconomic policies, global financial crisis

 

References
De Haan, J., Eijffinger, S. and Waller, S. (2004): The European Central Bank: Credibility, Transparency, and Centralization, MIT Press;

Damyanov, A., Stefanov, G. „Business Cycle Synchronization between the Bulgarian Economy and the European Union”, South-Eastern Journal of Economics, Vol. 8, No. 2, Fall 2010, pp. 171-186;

ECB Convergence Report 2004;

ECB Convergence Report December 2006;

ECB Convergence Report May 2008;

ECB Convergence Report May 2010;

Economic and Monetary Integration of the New Member States”. ECB Occasional Paper Series No. 36/September 2005;
Europe in figures. Eurostat yearbook 2009.

 

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