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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...
Persistent link: https://www.econbiz.de/10011850773
Although the globalization of markets and the rapid growth in worldwide information technologies supports harmonization and integration between countries, substantial differences still exist throughout the world. Global Divergence in Trade, Money and Policy explores the disparities between a...
Persistent link: https://www.econbiz.de/10014474068
first analyse the development of the euro area from a historical perspective. They then examine the criteria for the first … been a year later. The authors go on to examine purely macroeconomic aspects of the euro area including: * the degree of … real convergence in the euro area * the short-run and long-run determinants of the euro area's current account * the euro …
Persistent link: https://www.econbiz.de/10014473884
This collection of essays is a state-of-the-art analysis of key issues confronting the European Union. Identifying European economic integration as one of the defining features of modern international economics, the authors examine many aspects and consequences of this integration which remain...
Persistent link: https://www.econbiz.de/10014473981
, Council of Ministers, European Commission, European Parliament and the European Central Bank. This book provides an invaluable …
Persistent link: https://www.econbiz.de/10014474087
This valuable book examines the interaction between economic ideas and the policy-making process in Europe, centred around the creation of European Monetary Union. The essays cover three broad areas: early debates on European monetary integration, economic thought at the European Community...
Persistent link: https://www.econbiz.de/10014474117
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...
Persistent link: https://www.econbiz.de/10011850579
Economic and Monetary Union in Europe brings together contributions from leading specialists which explain and evaluate the most important implications of economic and monetary union. The book examines theoretical aspects of monetary integration, illustrates the historical lessons to be learned...
Persistent link: https://www.econbiz.de/10011850608
This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...
Persistent link: https://www.econbiz.de/10011850704
EMU is a completely new policy regime which has significant economic implications and which, it is hoped, will ultimately enhance the role of Europe on the world stage. EMU and Economic Policy in Europe takes stock of the initial experiences of EMU and assesses the challenges which will have to...
Persistent link: https://www.econbiz.de/10011851107