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The future of European Monetary Union (EMU) stands as one of the most important economic issues of the era. The author argues that in the event of macroeconomic shocks, rather than acting as a cohesive force, EMU could give rise to disunity. As EMU is not an optimal currency area, asymmetric...
Persistent link: https://www.econbiz.de/10014474087
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
-- 10. The Euro as a hindrance to recovery? : a comparative analysis of the Czech Republic and Slovakia / Jiří Schwarz and …
Persistent link: https://www.econbiz.de/10011851800
Against the backdrop of the financial crisis that unfolded in 2008, this book deals with policy challenges going forward, focusing in particular on the ongoing catching-up process in Central, Eastern and South-Eastern European countries
Persistent link: https://www.econbiz.de/10011851104
What kind of governance for the Eurozone? / Paul De Grauwe -- EMU, political union and economic performance : lessons … the US economic and financial crises on Euro area convergence / Fabio C. Bagliano and Claudio Morana -- A Euro peg system … / Zongxin Qian -- How has the financial crisis affected the Eurozone accession outlook in Central and Eastern Europe? / John …
Persistent link: https://www.econbiz.de/10011851591
"This insightful book investigates the evolution of the European and global economy from the 1950s to the present day, focusing on the role of the EU in a new global environment where economy and security intersect. Multiple crises such as the COVID-19 pandemic, rising inflation and...
Persistent link: https://www.econbiz.de/10015072968
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 …
Persistent link: https://www.econbiz.de/10011851237
"Beginning with the 2008 global crisis in the United States, and particularly after the COVID-19 pandemic shook economies around the world, academics, practitioners, and other experts have become increasingly sensitised to the potential for financial and economic fragility to result in a...
Persistent link: https://www.econbiz.de/10014466853
"In this incisive fifth edition of Financial Crises and Recession in the Global Economy, Roy E. Allen examines the major financial instabilities, crises, and evolutionary trends since the 1970s and through the recent Covid-19 pandemic. Providing empirical research on the relation between money...
Persistent link: https://www.econbiz.de/10014437075
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 …
Persistent link: https://www.econbiz.de/10011851191