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This paper assesses the macroeconomic impact and policy challenges related to Estonia’s prospective accession to the EU and its potential adoption of the euro. Our analysis of the trade, financial, and fiscal channels includes a model-based illustrative scenario using MULTIMOD. We conclude...
Persistent link: https://www.econbiz.de/10005263730
Persistent link: https://www.econbiz.de/10001462370
This paper assesses the macroeconomic impact and policy challenges related to Estonia`s prospective accession to the EU and its potential adoption of the euro. Our analysis of the trade, financial, and fiscal channels includes a model-based illustrative scenario using MULTIMOD. We conclude that...
Persistent link: https://www.econbiz.de/10012782560
Persistent link: https://www.econbiz.de/10001158605
Persistent link: https://www.econbiz.de/10001144765
Persistent link: https://www.econbiz.de/10015137628
This paper analyses the impact of the global financial crisis on Brazil, India and South Africa whose financial markets have shown strong resilience to the global financial turmoil. The paper shows, that in contrast to advanced countries in these emerging market economies there is contagion from...
Persistent link: https://www.econbiz.de/10015227289