This paper explores the conflict of real and monetary convergence during the EMU run-up of the future Central and …

The paper discusses the framework of ERM2 (the exchange rate mechanism of EMU, the Economic and Monetary Union) and its … of EMU). Second it reviews how ERM2 is conducive to future euro-zone membership of the accession countries. From the …

The enlargement of the European monetary union to include new EU Member States (NMs) will not lead to higher expected …

We analyze the effects of the 2004 CAP reform and EU enlargement on European and world agricultural markets. We compare … the results from a CAP reform only and a CAP reform plus enlargement scenarios to a no-enlargement baseline implementing … the effects of CAP reform and EU enlargement on production, consumption, and trade for the EU, its New Member States (NMS …

open the opportunity for a new EU-member state to postpone membership of EMU in violating the Maastricht criteria like … Sweden. The contribution of my Ph.D. thesis is to derive channels of the impact of an EMU accession on the macro-economy. To … question whether there are economic reasons for a new member state to avoid EMU membership.The thesis is organized in three …

This paper focuses mainly on the economic and monetary effects of Eastern enlargement and on the expected advantages … among the member states to generally concentrate more on the costs of enlargement rather than on its benefits, which are …

issues: on the exchange rate system and on entering the EMU. The national legal framework regarding monetary issues and the … with the entire logic of the Treaty regarding the introduction of the euro. The second issue, on entering the EMU, can be …

This paper focuses mainly on the economic and monetary effects of Eastern enlargement and on the expected advantages … among the member states to generally concentrate more on the costs of enlargement rather than on its benefits, which are …

of enlargement, and some suggestions are put forward on how the general model must be complemented with some additional … assumptions before it can be used to explain the effects of enlargement. Then follows the main part of the paper: the narrowing … the net effect of enlargement on the CFSP has, in three cases out of four so far, been positive. This is due to a couple …