Since the Turkish illegal invasion in 1974, the Republic of Cyprus has been de facto divided geographically, politically, administratively, economically and monetarily in the government control area and the occupied area, which is controlled by Turkey. The basic aim of the paper is to examine...

Since the Turkish illegal invasion in 1974, the Republic of Cyprus has been de facto divided geographically, politically, administratively, economically and monetarily in the government control area and the occupied area, which is controlled by Turkey. The basic aim of the paper is to examine...

This paper examines the degree of business cycles synchronization between Romania and the Euro area, by using Germany as a benchmark for the area economic cycle. The period of the study is 2000 - 2011, with a special emphasis on the recent economic and financial crisis. Using the...

This paper investigates whether the East African Community (EAC) constitutes an optimum currency area (OCA) by estimating the degree and evolution of business cycle synchronization between the EAC countries. We also investigate whether the degree of business cycle synchronization has improved...