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This paper examines diverse aspects of the monetary integration of the ten new Member States (NMS) which joined the EU … progress in their processes of reform and convergence, and more is underway. While trade integration with the other 15 EU … Member States (EU15) has progressed quickly, convergence in output specialisation to EU standards has been slow, especially …
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America. Several indicators of institutional and economic integration for both the EU and Latin America are presented. We find … than the EU at the beginning of its regional integration process. A cluster analysis illustrates that the link between … institutional and economic integration has worked both ways throughout the whole EU experience. The more institutional integration …
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This paper aims at determining whether economic, financial and monetary integration on the one hand, and institutional factors on the other, may have led to gradual convergence in key fiscal variables across the euro area over the recent period, bringing fiscal positions closer together. The...
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