Christodoulakis, Nikos - London School of Economics (LSE) - 2009
hindered convergence among the countries of the Eurozone. On the one hand, there is wide agreement on the fact that asymmetric … support for convergence is fading away after the EMU was initiated in 1999. A process of divergence in per capita GDP is … underway, in contrast with the substantial progress that has taken place during the nineties. Regional convergence is also …
