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Differences in economic performance between the USA and the euro area have been the subject of much debate. Even though … answer provided by the analysis is that the Euro Area has made an impressive progress since its initiation, but this has to …
Persistent link: https://www.econbiz.de/10010631893
Since 2007, the economic and monetary situation in the euro Area has been seriously affected by the developments … be reconsidered, stability became an issue and the Euro adoption has been put into a different perspective. Current … candidate countries, including Romania must approach the Euro Area membership in more restrictive and rigorous manner. This …
Persistent link: https://www.econbiz.de/10010819600
Study on sovereign bond market integration and the role of the euro, trading platforms and globalisation. We … gradually in the course of the last 15 years in EMU countries, as well as the UK, the US and the German Lander. The euro, as … attributed to electronic trading platforms becoming functional. The change-over from national currencies to the euro can not …
Persistent link: https://www.econbiz.de/10008577459
The aim of this paper is to analyze whether the Euro zone is an optimal currency area. The analysis takes into … introduction of the euro there have been significant advancements in fulfilling some of the criteria, but there is still a need of … further progress in terms of wage flexibility, fiscal and political integration. The final conclusion is that Euro zone is not …
Persistent link: https://www.econbiz.de/10008836738
contributes to some problems. The Government of Cuba has considered the advisability of switching to the Euro, and more important …, consolidating the role of the peso. A forced switch to the Euro would produce many more problems than it resolved. In the longer … now appear to be pursuing the Euro-ization option. A more advantageous objective would be to restore the Cuban peso as a …
Persistent link: https://www.econbiz.de/10005627009
This paper deals with the question of what impact membership of the European Monetary Union (EMU) has had on small European states. We will also analyze whether or to what extent a large number of small member states affect the EMU itself when they vastly outnumber the large countries. We...
Persistent link: https://www.econbiz.de/10010980762
The article discusses possible implications of European Monetary Union (EMU) on member states' budget policies. It predicts that the non-bail-out clause will not work.
Persistent link: https://www.econbiz.de/10010981038
.S. Economists on the EMU and the Euro, 1989-2002." _Econ Journal Watch_ 7(1):4-52. Link …
Persistent link: https://www.econbiz.de/10008484289
.S. Economists on the EMU and the Euro, 1989-2002." _Econ Journal Watch_ 7(1):4-52. Link …
Persistent link: https://www.econbiz.de/10008484341
.S. Economists on the EMU and the Euro, 1989-2002." _Econ Journal Watch_ 7(1):4-52. Link …
Persistent link: https://www.econbiz.de/10008484349