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This paper attempts to assess the feasibility of Malaysia to rejoin the monetary union with Singapore and Brunei which it left in 1973 in terms of the real convergence criteria suggested by optimum currency areas (OCA) theory and the nominal convergence criteria specified by the Maastricht...
Persistent link: https://www.econbiz.de/10013141801
integration in the year 2020. …
Persistent link: https://www.econbiz.de/10011434010
Although there is no single yardstick to gauge the degree of integration, there is ample evidence that financial … integration is satisfactory. While there has been a push towards integration from the centre, global developments, such as …, while national policies often acted as an impediment. The integration of financial markets finally became a policy priority …
Persistent link: https://www.econbiz.de/10012446663
On 23rd February 2017, SUERF and EY organized a conference on "Brexit and the Implications for Financial Services" at EY's offices, Churchill Place, Canary Wharf, London. While the outcome of the Brexit negotiations remains highly uncertain, the conference discussed the burning questions for...
Persistent link: https://www.econbiz.de/10011712197
relatively prepared for integration whilst others are not. In some ways, results do also signify the dominance of Japan despite …
Persistent link: https://www.econbiz.de/10013128278
Well-functioning economic structures are key for resilient and prospering euro area economies. The global financial and sovereign debt crises exposed the limited resilience of the euro area's economic structures. Economic growth was masking underlying weaknesses in several euro area countries....
Persistent link: https://www.econbiz.de/10012868456
Well-functioning economic structures are key for resilient and prospering euro area economies. The global financial and sovereign debt crises exposed the limited resilience of the euro area’s economic structures. Economic growth was masking underlying weaknesses in several euro area countries....
Persistent link: https://www.econbiz.de/10013322232
Over the past decade, geopolitical developments - and the policy responses to these by major economies around the world - have challenged economic openness and the process of globalisation, with implications for the economic environment in which central banks operate. The return of war to Europe...
Persistent link: https://www.econbiz.de/10014248552
Persistent link: https://www.econbiz.de/10013149228
Following a period of subdued consumer price changes, inflation has recently surged to levels that are significantly impacting the behavior of households and firms. Although the underlying sources of inflation differ across major advanced economies, central banks have progressively tightened...
Persistent link: https://www.econbiz.de/10014351176