Is economic convergence in New Member States sufficient for an adoption of the Euro? [PDF]
The European Journal of Comparative Economics, 2008 The New European Member States (NMS) are expected to adopt the euro as soon as they fulfil the Maastricht criteria, which means that their nominal convergence has been achieved; but the question is: should those new European members adopt the euro as ...
Marie-José Rinaldi-Larribe
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Public Sector Economics, 2021 This paper discusses the costs and benefits of government borrowing in foreign currency. While discussing the main costs, such as increased exposure to currency and rollover risks, and limited capacity to respond to financial crises, this paper also ...
Mislav Brkic
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Financial and economic approach: Financial & banking sector development pact from the perspective of the euro area European economic policy [PDF]
Ekonomski Anali, 2004 Powerful obstacles to the further integration of repot, bond and equity markets remain the still fragmented securities settlement industry in Europe, which charges much higher fees for cross border transactions than for domestic transactions, and ...
Theodoropoulos Theodore E. +1 more
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Macroeconomic Effects of the European Monetary Union: A Counterfactual Analysis [PDF]
Athens Journal of Business & Economics, 2017 This is an empirical study on the effects of adopting a common currency, the euro, on a country’s GDP, inflation rate, and public debt. It uses a synthetic counterfactual method, which predicts how the economy of a euro area member country would perform ...
Constantin Colonescu
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Substitution of anchor currency: challenges for trade between Iran and its major trading partners
Technological and Economic Development of Economy, 2021 The aim of the paper is to find out whether euro is a convenient substitution for U.S. dollar as an anchor currency for Iranian rial and whether this replacement would affect Iran’s international trade positively.
Zahra Zahmani +3 more
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Ist der Euro gefährdet? Is the European currency euro put at risk?
Eesti Majanduspoliitilised Väitlused, 2012 Due to high national debt in several member states of the Euro-Currency-Area which led to huge relief programmes the single European currency Euro seems to be at risk.
Armin Rohde, Frank Ehrhold
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EMU – “Optimum” or “Viable” Currency Area?
Studies and Scientific Researches: Economics Edition, 2012 Although the increasing heterogeneity as an effect of European Union enlargement, referring especially to the last two waves, is perceived as a single internal market and also euro single currency risk, European Monetary Union represents an important ...
Andreea Bucur
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Effects from Brexit on the EU-27 and the Euro Area Developments [PDF]
Bulgarian Journal of International Economics and Politics, 2021 Brexit affects all the aspects of life, business and European integration process. It has strong implications also on the developments in the Euro Area despite the fact that the United Kingdom had the so-called “opt-out clause” for not adopting the ...
Kaloyan Simeono
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Combining the Strengths of Qualitative Comparative Analysis with Cluster Analysis for Comparative Public Policy Research: With Reference to the Policy of Economic Convergence in the Euro Currency Area [PDF]
International Journal of Public Administration, 2014 Qualitative Comparative Analysis (QCA) is a well-established method for comparing national public policy similarities and differences. It is argued that Cluster Analysis can add additional benefits to such research when used concurrently with QCA. Cluster Analysis provides a better method for the initial exploration of multivariate data and examining ...
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ANALYSIS OF ECONOMIC GROWTH CYCLES’ SYMMETRY IN THE MAIN ECONOMIC SECTORS OF EURO AREA COUNTRIES
Ekonomika, 2012 . With the European Union integration growing deeper and Euro area countries having the common currency, excluding possibility of a national monetary policy, academic society has raised a debate on economic stabilization opportunities in individual Euro ...
Brigita Šidlauskaitė +1 more
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