This Paper analyses the issues raised by EMU for the relationships between the Euro area and the international … financial system. The depreciation of the Euro exchange rate since the beginning of EMU has attracted most attention. The Paper … international role of the Euro, in areas such as: data needs; financial market developments; euroisation; EMU and the international …

key emerging market countries and a possible ‘hard landing’ for the US dollar. In that context, EMU has clearly increased …This Paper considers how the European Union, and more specifically the euro area, can contribute to international … internal stability in the euro area and has promoted a dynamic development of capital markets. But in some respects, monetary …

Using symmetric data sets of 92 weekly return observations before and after the introduction of the euro, the paper …

The process of European integration and especially the introduction of the euro as the single currency for up to now 12 … member countries of the EU in 1999 may alter the existing clear currency hierarchy. The euro area is comparable in size to … international monetary system turns out to be bipolar in the long run or whether the yen can also play its part. It turns out that …