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of development, both within the euro area and with respect to the role of the euro area in the world economy. We provide …
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. Firstly, we shall describe our position within the theoretical discourse about convergence theory. Then we shall move on to …
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I provide a structured comparison of the nineteenth-century classical gold standard and the Euro, basing my analysis heavily on recent research. Both similarities and differences are evident in the historical record. Both regimes were vaunted as engines of convergence, but in both cases...
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