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While the persistent core-periphery dualism within the European Monetary Union (EMU) has been extensively studied, its relationship to the Sustainable Development Goals (SDGs) remains unexplored. This is surprising, given the EU's strong commitment to achieving the 17 SDGs by 2030. The SDGs...
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This paper considers the primary challenges faced by the Eurozone and caused by the 2008+ crisis. It suggests that one … are occurring or likely to occur in the Eurozone. However, the intertwined character of these challenges and their … persist and that no easy solution can be expected soon. A simple evaluation of the Eurozone’s macroeconomic stability based on …
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attention is given to possible changes in the convergence process during the euro cash changeover. We apply the convergence …This paper examines the current state of price convergence amongst the eleven initial EMU member states. Special … kernel-density estimates. We find that convergence took place before 2000, slowed down substantially between 2000 and 2003 …
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Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU countries and Greece. We found significant instability...
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