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This paper describes and analyses the evolution of euro area currency in circulation in the last years and especially in the run up to the cash change-over. In particular, it revisits the possible effect of the latter on the euro/dollar-exchange rate, which has been emphasised recently in the...
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Starting on 1st of May 2004, 11 countries in Central-Eastern and South Eastern Europe and in the Baltics (EU11) joined …
Persistent link: https://www.econbiz.de/10012653091
This chapter offers a framework to analyse the impact of EU membership on economic ("means"), institutional ("ways …") and social ("ends") convergence of EU11 countries to the frontier. It identifies the channels through which this impact … works: trade, investment, finance, migration and institutions. Using this framework, the analysis finds that EU membership …
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