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In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...
Persistent link: https://www.econbiz.de/10012941989
This paper reviews selected aspects of economic relations between the EU and Russia, focusing on the impact that the … last two waves of EU enlargement have had on Russia, as well as the role of the euro in Russia. The analysis suggests that … if EU enlargement has had any diversion effects on trade between the EU and Russia at all, they have been minimal, while …
Persistent link: https://www.econbiz.de/10012750208
This paper reviews and assesses financial stability challenges in countries preparing for EU membership, i.e. Albania … systems seem less prone to financial stress from maturity mismatches than certain EU peers. These risks are met with a solid …
Persistent link: https://www.econbiz.de/10013315343
This paper examines the potential for increased cross-border labour mobility within the EU-25 and considers the costs …. Evidence from previous EU enlargement experiences, academic studies, the existence of barriers to mobility within the EU and … speed at which the EU-8 catches up economically with the EU-15. If broad-based economic growth and social development …
Persistent link: https://www.econbiz.de/10013317513
This Occasional Paper reviews financial stability challenges in countries preparing for EU membership with a candidate … country status, i.e. Croatia (planned to accede to the EU on 1 July 2013), Iceland, the former Yugoslav Republic of Macedonia … recalling that some EU candidate countries went through a pronounced boom-and-bust credit cycle in recent years, the paper …
Persistent link: https://www.econbiz.de/10013100825
has thus become of increasing concern, particularly to European Union (EU) candidate countries whose economic growth … competitiveness of EU candidate countries between 1999 and 2011. Taking a broad approach to the issue of competitiveness, the paper …, export performance, and institutional and structural issues. In the context of EU integration, comparisons are drawn with …
Persistent link: https://www.econbiz.de/10013089487
This paper reviews financial stability challenges in countries preparing for EU membership, i.e. Albania, Bosnia and … prepared by an expert group of staff from the European System of Central Banks (ESCB) in which experts from EU candidate and …
Persistent link: https://www.econbiz.de/10013014742
The EU candidate and potential candidate countries have made considerable progress in economic transition and …
Persistent link: https://www.econbiz.de/10012772990
Overall, the prospects for a continued and reasonably fast real convergence process between the EU8 countries and the … euro area are good. However, the continuation of the rapid progress made by many EU8 countries in the past cannot be taken … for granted. In fact, in order to ensure that fast economic growth in the EU8 countries remains sustainable, it is crucial …
Persistent link: https://www.econbiz.de/10012777285
This paper - based on a report by a Task Force established by the International Relations Committee (IRC) of the European System of Central Banks (ESCB) - reviews macroeconomic and financial stability challenges for acceding (Bulgaria and Romania) and candidate countries (Croatia and Turkey). In...
Persistent link: https://www.econbiz.de/10012783674