This study explores the analysis of convergence process of EU countries. The analysis shall proceed through three steps. Firstly, we shall describe our position within the theoretical discourse about convergence theory. Then we shall move on to compare the indicators of monetary and fiscal...

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...