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Purpose - A spectre is hunting embryonic African monetary zones: the EMU crisis. This paper assesses real, monetary and fiscal policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East Africa is facing stiff challenges in the timing of...
Persistent link: https://www.econbiz.de/10011410252
Purpose - A spectre is hunting embryonic African monetary zones: the EMU crisis. This paper assesses real and monetary policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East Africa is facing stiff challenges in the timing of monetary...
Persistent link: https://www.econbiz.de/10011410263
Persistent link: https://www.econbiz.de/10002027558
Which ways and means are available for the macroeconomic and fiscal coordination and/or integration within the EMU-framework? Which are the pros and cons of these scenarios? This paper combines economic theory, empirical analysis and insights regarding EMU’s institutional history in order to...
Persistent link: https://www.econbiz.de/10010227694
Persistent link: https://www.econbiz.de/10010376509
Monetary Issues: Monetary Unions: Between International Trade and National Sovereignty -- Why a Monetary Union?- Monetary Policy in a Monetary Union: Lessons from Simple Models -- Institutions and Monetary Policy -- Fiscal Issues: Government Deficits, Transfers and Debt -- Fiscal Policies in a...
Persistent link: https://www.econbiz.de/10013185640
Persistent link: https://www.econbiz.de/10000591260
Persistent link: https://www.econbiz.de/10014519785
susceptibility to asymmetric shocks transmitted mostly through trade channels) - preparedness of the Polish economy to the euro … euro area members) and continues to rise. This confirms the increasing complementarity of Poland's economy with the … economic structures of the euro area partners which reduces the probability of asymmetric shocks. …
Persistent link: https://www.econbiz.de/10012026961
This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their …
Persistent link: https://www.econbiz.de/10011499412