Potential new entrants to the European Union from Central and Eastern European countries face many challenges to achieve financial convergence with the existing EU nations. Using detailed case studies from Bulgaria, the Czech Republic, Latvia, Lithuania and Poland and analysis of cross country...

This highly topical book examines the development and future prospects for economic and monetary union in Europe. European Monetary Integration examines the background to economic and monetary union from a historical perspective that distinguishes between national and supranational currency...

Bringing together the economics, politics, and history of the movement toward economic and monetary union (EMU), the author looks at such topics as the first significant attempt at EMU, the Werner report and its aftermath, and the development of the Maastricht Treaty and the crises that followed...

The European Union currently faces a double dilemma - deepening versus widening. Broadening the Union toward the countries of eastern Europe poses unprecedented economic, political, social, security, and other problems. The Union can hope to deal with them only if a successful revision of the...

Der Außenhandel zwischen der bestehenden "EU der 15" und den Beitrittskandidaten Mittel- und Osteuropas hat sich in den vergangenen 10 Jahren stürmisch ausgeweitet. Ausgehend von der traditionellen "klassischen" Handelstheorie und den Thesen der "Neuen Ökonomischen Geographie" werden die...

Central Eastern European Countries (CEECs) went through a process of deep financial integration with advanced European countries, spurred by the entry in the European Union. Financial integration took place through an unprecedented entry of foreign banks in local banking markets, which led to a...