Revista OEconomica

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Ana Octavia ALBU - When Accurate Forecasts Still Produce Waste: Demand Shocks and Over-Forecasting Risk in Food Retail

Adrian-Ioan DAMOC - The Persian Pivot and the Reconfiguration of Geopolitical Realism: Iran and Venezuela in Strategic Competition among the United States, China, and Russia

Emmanuel Olusegun STOBER - Coercive Diplomacy in the Gulf and the Limits of the Strike-Forward Strategy: Toward a Middle-Power Coalition for Regional Stability

Sorin-Nicolae CURCĂ - On the Informational Entropy of Economic Shock

Florin DĂNESCU - The Banking Sector as Critical Infrastructure in the Logic of Hybrid Conflict: Post-2014 Legislative Convergence in Central and Eastern Europe and the Case of Romania

Alexandru POPOVICI - The Contribution of the Music Industry to GDP and Employment: A Comparative Analysis

Mohammed AL-NASSERY - Implications of the War in the Middle East: An Analysis of the Economic, Security, Humanitarian, and Political Dimensions

Mihai LĂCĂTUŞ - GDP as a Means, Not an End: Inequality as the Missing Variable in Fiscal Policy Design – A 60-Country Analysis of Economic Growth and Subjective Well-Being

Articles on Issue Theme

Aurel IANCU

Academia Română

The study defines the three types of convergence – institutional, nominal and real ones –, the connection among them and their main measurement indicators. Also, it presents and analyses the essence and role of the institutions in the modern economies, the main issues concerning the institutional convergence in relation to the integration into the EU, the institutional capital and the impact of the improvement of the quality and effectiveness of the institutions on the economic gap among the countries during the implementation of the EU’s integration strategy.

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ŒCONOMICA no. 1/2007

Keywords: institutional convergence, transaction costs, nominal convergence, real convergence, rules, formal institutions, informal institutions, integration , acquis, compatibility, consistency, institutional capital, regression

JEL: F15, O57, F2, P37, P52

Tipurile de convergenţă. Convergenţa instituţională

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