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French taxpayer. In the aftermath of the devaluation of the Franc CFA in 1994, and of the peg of the currency to the Euro in …
Persistent link: https://www.econbiz.de/10005260329
Integration into the European Monetary Union (EMU) and adoption of Euro became a specific objective for Eastern … proposed set of indicators and it is estimated Balassa-Samuelson Effect on non-Euro countries. …
Persistent link: https://www.econbiz.de/10009644766
In this paper we provide a brief discourse on the theory of optimum currency areas to serve as a basis for constructive criticism of the conceptual framework of the eurozone. With particular reference to the Greek economic crisis, we argue that the very architecture of the EU experiment...
Persistent link: https://www.econbiz.de/10010556628
. It finds that political mishandling has increased uncertainty, which has contributed to a tendency for the euro to become …
Persistent link: https://www.econbiz.de/10010840171
Transcript of an interview with Roland Vaubel, who discusses the Euro as a creature of politics. He explains the …
Persistent link: https://www.econbiz.de/10010604802
Przyst¹pienie do strefy euro i zwi¹zane z nim wprowadzenie wspólnego europejskiego pieni¹dza do obiegu gotówkowego w … – ekonomiczne, polityczne, a tak¿e psycho-spo³eczne. Poniewa¿ wprowadzenie euro ma potencjalny wp³yw na dobrobyt jednostek, bêd¹ one …¹d literatury dotycz¹cej determinant poparcia spo³ecznego dla euro. Postuluje on potrzebê dope³nienia oficjalnych dokumentów i …
Persistent link: https://www.econbiz.de/10010764098
What are the drivers of the large Target2 (T2) balances that have emerged in the European Monetary Union since the start of the financial crisis in 2007? This paper examines the extent to which the evolution of national T2 balances can be statistically associated with cross-border financial...
Persistent link: https://www.econbiz.de/10010598092
Differences in economic performance between the USA and the euro area have been the subject of much debate. Even though … answer provided by the analysis is that the Euro Area has made an impressive progress since its initiation, but this has to …
Persistent link: https://www.econbiz.de/10010631893
Since 2007, the economic and monetary situation in the euro Area has been seriously affected by the developments … be reconsidered, stability became an issue and the Euro adoption has been put into a different perspective. Current … candidate countries, including Romania must approach the Euro Area membership in more restrictive and rigorous manner. This …
Persistent link: https://www.econbiz.de/10010819600
The aim of this paper is to analyze whether the Euro zone is an optimal currency area. The analysis takes into … introduction of the euro there have been significant advancements in fulfilling some of the criteria, but there is still a need of … further progress in terms of wage flexibility, fiscal and political integration. The final conclusion is that Euro zone is not …
Persistent link: https://www.econbiz.de/10008836738