's vulnerability to asymmetric shocks. Greece's decision to remain enhances the prospects for Eurozone reform …

’s vulnerability to asymmetric shocks. Greece’s decision to remain enhances the prospects for Eurozone reform. …

This paper examines the impact of European Economic and Monetary Union (EMU) on trade within the euro area. Using panel … data for 22 industrial countries, the analysis estimates the effect of the euro`s arrival on area-wide trade compared to …

The consensus back in 2008 – ten years after the introduction of the euro – was that the adoption of a common currency … had made a limited impact of around 2% in total on the trade flows of the first wave of euro area countries (Baldwin et al …., 2008). Since then, six more countries have joined the euro area, and firms have internationalised their production …

The launching of the EURO not only affects the members of EURO-Land, but it also affects the potential new member … Central Africa?s single-currency zone. These countries will adopt the EURO without belonging to the Union. And if Sweden …, Denmark, Greece and Britain join the single currency, then their overseas territories would automatically adopt the EURO too …