International Finance Conference

Macroeconomic Convergence and Corporate Performance

May 2-3, 2019

Oradea, Romania

IFC2019 Book of abstracts





Background and Theme

For a long time debates over the economic stability of the European Union have again brought to the fore the importance of macroeconomic convergence among member countries. The question of convergence has become a crucial element of bargaining for all EU-countries planning to replace their own currencies with the euro. The debate between the Keynesian economists, who considered that the introduction of a single currency required a full ex-ante convergence of economic conditions, and the monetarist economists, who argued that the introduction of a single currency would in itself constrain member states’ economies to converge, has been persisting in different forms. However, the convergence criteria as set out in the Maastricht treaty focused on a few indicators such as inflation, government budget deficit, or long-term interest rates, it is necessary to study the real convergence of the entire economy, including financial systems, private and public debt, labour markets, business models and organization. So it is very important to have a comprehensive picture of the corporate sector's preparedness for the changeover to the euro in the non-euro EU-countries.



  • Economics of European Integration
  • Finance and Monetary Union
  • International Trade and Finance, Competitiveness
  • Implication of Nominal and Real Convergence on Corporate Risks
  • Social and Political Aspects of Member States Convergence
  • Corporate Value Creation in a Knowledge-based Economy
  • Corporate Risks in a Changing Economic Environment
  • The Impact of the Euro Introduction on the Corporate Financial Decisions



The conference intends to discuss and to analyze the macroeconomic convergence among member countries, as well as corporate finance aspects of the European integration. It offers a platform to exchange ideas and to generate an integrated view of future challenges of the monetary integration and the whole integration process. As current topics of the integration policy will be addressed, the conference is not only relevant for a scientific community but also for decision makers in politics, social security, administration, and for business organizations stakeholders.



The conference is organized by the Partium Christian University, Oradea, Romania, the co-organizer is the University of Debrecen, Hungary.


Organization Committee

Lóránd István Králik, Partium Christian University

Károly Pető, University of Debrecen

Ferenc Szilágyi, Partium Christian University 

Gyula Flórián, Partium Christian University

Árpád Szarka, Partium Christian University

Edith Debrenti, Partium Christian University

Edit Veres, Partium Christian University

Csaba Bálint, Partium Christian University

Tímea Ardelean, Partium Christian University

Dalma Hámos, University of Debrecen

Enikő Vigh, Partium Christian University


International Scientific Committee

Marius Acatrinei, Institute for Economic Forecasting, Romanian Academy

Zoltán Bács, University of Debrecen

Iván Belyácz, Member of Hungarian Academy, University of Pécs

Cristiana Cristureanu, Universitatea Creștină ”Dimitrie Cantemir”

László Csaba, Member of Hungarian Academy, Central European University

Daniel Dăianu, Member of Romanian Academy, SNSPA, National Bank of Romania

Veronika Fenyves, University of Debrecen

Imre Fertő, Institute of Economics, Hungarian Academy of Sciences

József Fogarasi, Partium Christian University

Kürthy Gábor, Budapest Corvinus University

Attila György, Bucharest Academy of Economic Studies

Radu Lupu, Bucharest Academy of Economic Studies

Ágnes Nagy, Babeş-Bolyai University, National Bank of Romania  

István Pete, Babeş-Bolyai University, Romanian Court of Accounts

Erzsébet Szász, Partium Christian University

János Száz, Budapest Corvinus University

Tibor Tarnóczi, University of Debrecen


Important Deadlines

Submission of extended abstracts

16th April, 2019

Notification of acceptance

25th April, 2019

Full paper submission

30th May, 2019

For the detailed program please visit our website regularly.

The official language of the conference will be English. 


If you have any further queries, please do not hesitate to contact us: 

Lóránd István Králik,  

Tímea Ardelean (secretary),