The launch of the euro reinforces the foundations for unprecedented economic integration encompassing 11 countries, 16 … per cent of world GDP and 290 million people. For the first time, the OECD has studied the euro-area as a fully … that is up to the issues at stake has still to be fully defined. And the euro area's ability to absorb economic shocks must …

performance and prospects of the euro area as a whole, and highlights to what extent aggregate trends are shaped by convergence or … highly topical issues are addressed, such as: - How fast is growth picking up and unemployment declining in the euro area …? - Why did the euro weaken in 1999 and does it matter? - How effectively was monetary policy conducted? - What degree of …