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The paper discusses the framework of ERM2 (the exchange rate mechanism of EMU, the Economic and Monetary Union) and its … of EMU). Second it reviews how ERM2 is conducive to future euro-zone membership of the accession countries. From the …
Persistent link: https://www.econbiz.de/10009483197
This paper examines the long-term financial integration of second-round acceding and candidate countries?? with the European Union and the US stock markets during the Accession Process. The lowpair wise correlations between these markets imply portfolio diversification opportunities, yet...
Persistent link: https://www.econbiz.de/10009483198
The enlargement of the European monetary union to include new EU Member States (NMs) will not lead to higher expected …
Persistent link: https://www.econbiz.de/10009483201
The paper discusses the framework of ERM2 (the exchange rate mechanism of EMU, the Economic and Monetary Union) and its … of EMU). Second it reviews how ERM2 is conducive to future euro-zone membership of the accession countries. From the …
Persistent link: https://www.econbiz.de/10004969206
This paper examines the long-term financial integration of second-round acceding and candidate countries’ with the European Union and the US stock markets during the Accession Process. The lowpair wise correlations between these markets imply portfolio diversification opportunities, yet...
Persistent link: https://www.econbiz.de/10004969234
With the collapse of the communist regimes, the post-socialist countries are facing the problem of building new legal and institutional systems which will adequately address the needs of the markets. They also try to implement new reforms. But the transition towards economic and market reforms...
Persistent link: https://www.econbiz.de/10004969208
instruments governing the biggest enlargement in the Union history. The meaning of it, however, is still as vague today as it was … in the context of enlargement? What exactly is required of the candidate countries in order to meet this criterion? Based … paper outlines the core structure of the criterion and assesses the degree of change brought to the enlargement regulation …
Persistent link: https://www.econbiz.de/10004969212
treaty. The topic seems even more remarkable given the background of the upcoming Eastern enlargement. This contribution …
Persistent link: https://www.econbiz.de/10004969244
Eastern enlargement is a process in which the very identity of the European Union is under construction, with its …. Through the analysis of the Spanish government's policy on enlargement, this paper aims to show how policy preferences might …
Persistent link: https://www.econbiz.de/10004969245
This note provides a detailed account of the development of the EU enlargement law. Based on the material provided by … the latest enlargement round, it outlines the main set of enlargement principles, criteria and procedural tools employed … by the Union in the process, also making a sketch of the actual chronology of enlargement events. Based on the analysis …
Persistent link: https://www.econbiz.de/10004969276