prolonged growth. They contend that the economic impact of the euro, and its accompanying institutions, is likely to be … as the Stability and Growth Pact which govern the euro. The authors propose alternative policy and institutional … arrangements within which the euro should be embedded. They demonstrate that these would have the benefits of a single currency …

Schumpeter to be rediscovered? / Peter Mooslechner -- The impact of the euro on investment : sectoral evidence / Tomas Dvorak … integration of Czech, Hungarian and Polish bond markets with the Euro area bond market : a deja-vu of the Club-Med convergence …

-- Part III EU structural policies -- 7. EU economic governance: euro area periphery lessons for Central and Eastern European … Pinto -- 9. EU structural policies and euro adoption in CEE countries / Anna Kosior and Michał Rubaszek -- Part IV labour …'s contribution to growth in the euro area and Europe -- 13. Convergence of 'new' EU member states: past, present and future / Bas B …

policy challenges, sustainability of public finances and EU accession : the case of Turkey -- 4. Monetary policy in the Euro … for a successful Euro adoption -- 8. Managing capital inflows : Eastern Europe in an Asian mirror -- 9. Current account …