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The Southeast Asian region has experienced remarkable economic dynamism in the past few decades. An interesting feature of recent developments in the region, is that in spite of its diversity, several initiatives have been launched towards integration. The peer review mechanism has been a tried...
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We test for real interest rate convergence in the EU25 area. Our contribution is twofold: first, we account for the … have important implications relating to the single monetary policy and the progress new EU members have achieved towards …
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Using pooled mean-group estimation we first analyse conditional convergence in the EU15 area in 1960-2002. Conditional … convergence is well documented for the EU15 countries and deeper European integration is mostly shown to have fastened convergence … method in order to estimate the conditional convergence of the new EU member countries of Central and Eastern Europe towards …
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