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Author : Franco Praussello
Publisher :
ISBN 13 :
Total Pages : 57 pages
Book Rating : 4.:/5 (86 download)
Download or read book Will Enlargement Put at Risk the Viability of EMU? written by Franco Praussello and published by . This book was released on 2004 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Zsolt DARVAS
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (119 download)
Download or read book EMU Enlargement to the East and the West written by Zsolt DARVAS and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book EMU and Enlargement written by and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (835 download)
Download or read book A Strategy for EMU Enlargement written by and published by . This book was released on 2005 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ulrich Machold
Publisher : GRIN Verlag
ISBN 13 : 3638886247
Total Pages : 65 pages
Book Rating : 4.6/5 (388 download)
Download or read book Monetary Aspects of Enlargement - Central and Eastern Europe, EMU and the ERM-2 written by Ulrich Machold and published by GRIN Verlag. This book was released on 2008 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2002 in the subject Economics - Monetary theory and policy, grade: 1.0 (A), Technical University of Berlin (-), 54 entries in the bibliography, language: English, abstract: A rough 50 years after its foundation, the European Union (EU) is preparing for the probably most ambitious challenge of its existence, the binding-back into the West of the once centrally-planned economies of Central and Eastern Europe (CEEC). Together with political and general economic efforts, European monetary integration also gains speed with as many as twelve CEEC queuing up for entry into the EU (not including Turkey, which has not yet officially begun entry negotiations), the first of them most likely joining the Union already two years after the physical introduction of the single currency, i.e. in 2004. Many of these countries are eager to also join Monetary Union (EMU) and show their ability to be ′good Europeans′ by adopting the Euro as soon as possible. Various statements by both CEEC-government officials and monetary authorities exemplify this very vividly. This implies that the enlargement of EMU is already a relevant issue. By the time it becomes acute, positions and perspectives of both applicants and current members should be clear, if unnecessary delays and political irritations are to be avoided. The body of literature on the subject is thus as large as the questions of when, how and on what terms CEEC-accession will take place are pressing, and becoming more so as time progresses. This study attempts to coherently examine the core issues related to EMU-enlargement, equally synthesising the various segmented approaches of the academic debate, and deduce normative conclusions as to what strategic outlook should seem appropriate to both CEEC and the current EMU-12: In what timeframe should accession most sensibly take place? How appropriate are the mechanics leading up to EMU, most prominently the Exchange Rate Mechanism (ERM-II) and the Maastr
Author : Katarzyna Żukrowska
Publisher :
ISBN 13 : 9788389132130
Total Pages : 251 pages
Book Rating : 4.1/5 (321 download)
Download or read book Strategy of EMU enlargement written by Katarzyna Żukrowska and published by . This book was released on 2004 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michael Frenkel
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (76 download)
Download or read book Some Shocking Aspects of EMU Enlargement written by Michael Frenkel and published by . This book was released on 1999 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Eduard Hochreiter
Publisher :
ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.:/5 (249 download)
Download or read book Impact of EMU Enlargement on Central Banks written by Eduard Hochreiter and published by . This book was released on 2003 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Andreas Freytag
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (765 download)
Download or read book EMU Enlargement written by Andreas Freytag and published by . This book was released on 2004 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Marek Dabrowski
Publisher : Springer Science & Business Media
ISBN 13 : 0387257667
Total Pages : 239 pages
Book Rating : 4.3/5 (872 download)
Download or read book The Eastern Enlargement of the Eurozone written by Marek Dabrowski and published by Springer Science & Business Media. This book was released on 2006-07-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Eastern Enlargement of the EU will not be complete until the new member states join the EMU. Economic and political economy arguments point to fast EMU accession of new member states. Failure to do so will create a two speed Europe, a fundamental change in the economic and political architecture of the EU, adding to the strains already evident between core and peripheral countries. Current high level of trade and business cycle integration of new member states with the Eurozone, decreases the probability of asymmetric shocks. Lower transaction costs, elimination of exchange rate risk and the danger of currency crises, further trade and investment creation, lower interest rates and large fiscal gains, should outweigh the loss of the exchange rate as adjustment tool. The Eastern Enlargement of the Eurozone provides comprehensive economic analysis of theoretical, empirical and political issues that will determine whether EMU enlargement is a success, which has implications for all common currency systems.
Author : Irina Dubyk
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (643 download)
Download or read book Economic Policy Challenges of the Eastern Enlargement of the EMU. written by Irina Dubyk and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Anca Tanasie
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Romania and the EMU Enlargement - The Illusions of Real Convergence written by Anca Tanasie and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (123 download)
Download or read book EMU and Enlargement written by and published by . This book was released on 2000 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Distressing Effect of an EMU Eastward Enlargement written by and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : European Parliament. Committee on Institutional Affairs
Publisher :
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.:/5 (847 download)
Download or read book Report on the Constitutional Implications of EMU in the Context of Enlargement written by European Parliament. Committee on Institutional Affairs and published by . This book was released on 1999 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Carsten Hefeker
Publisher :
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4.:/5 (166 download)
Download or read book EMU Enlargement, Policy Uncertainty and Economic Reforms written by Carsten Hefeker and published by . This book was released on 2006 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper analyzes the relation between monetary uncertainty and government incentives to implement economic reforms that reduce structural distortions and make economies more flexible. It is shown that uncertainty about the central bank's reaction function leads to more reforms. I relate this result to the debate about central bank setup in a larger monetary union.
Author : Marek Dabrowski
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book A Strategy for EMU Enlargement written by Marek Dabrowski and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper summarizes the results of CASE's research project on 'Strategies for Joining the EMU' and proposes policy recommendations both for new member states (on how to manage their accession to the Eurozone) and for the European Commission, ECB and old member states (on how to manage and absorb EMU enlargement in an optimal way). Both the economic and the political economy arguments point to fast EMU accession of NMS. Looking at the 'classical' optimum currency area criteria, i.e. trade integration, co-movement of business cycles and actual factor mobility, NMS' record is not worse, on average, than that of the current Eurozone members, and should further improve before Eurozone entry, decreasing risk of their exposure to idiosyncratic shocks. After joining the EMU, the common currency should help NMS to develop additional intra-EMU trade links, further synchronize business cycle and increase factor mobility. Both theoretical arguments and empirical experience demonstrates that so-called real convergence accompanies nominal convergence, and that there is synergy rather than a trade-off between the two. The credibility of the Euro and price stability in the Eurozone will not be threatened by fast EMU Enlargement. Neither can the accession of fast growing NMS create an additional 'recessionary' impact on slow growing incumbent members. The biggest challenge for the common currency in the medium to long run may come from widespread breaches of EU fiscal rules. So the incumbents should replace their 'don't rush' advice by active encouragement of NMS to proceed with fast nominal convergence in order to meet the Maastricht criteria and join the EMU as quickly as possible.
