capita output growth, the credit cycle, the stock of inward foreign direct investment (FDI) and the current account balance … find that lower exchange rate volatility is associated with higher growth (for relatively less financially developed …

We compare the convergence with German monetary policy of the Balkan and Mediterranean country candidates for EU …

The paper takes into account both the concerns of the EU, arguing that convergence is incomplete, and the demands from … accession countries, claiming that monetary integration is optimal. Indicators are developed which measure convergence and … benefits from monetary integration. The more serious problem is a lack of convergence which could imply serious risks during …

This chapter focuses on the measurement of institutional convergence in the new EU member states and four Southern … institutional convergence. We present a new method which is based on hard micro-level data. Our approach focuses on control of … poor performance of Southern European EU countries and show the considerable differences in institutional convergence …

economic growth of eleven Central and Eastern European (CEE or EU11) countries, including their real convergence to the … equalization between the CEE countries and the EU15 is verified based on the β and σ convergence concepts. Second, the impact of … selected macroeconomic variables related to the EU enlargement on economic growth of the CEE countries is examined with the use …

stimulate growth in the less developed countries. In fact, according to our estimates, with an annual β-convergence of 2% in … survival rates and different rates of economic growth. According to our estimates, inequality in terms of permanent income was …