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Monetary policy and EMU enlargement: The adoption of the euro
Atlantic Economic Journal, 2004On May 1, 2004, in the Þfth enlargement round, ten more countries, eight of which are from central and eastern Europe, became members of the European Union (EU). The Þnal monetary objective of EU accession and, indeed, a treaty obligation for these countries, is the adoption of the euro.
Hochreiter, Eduard, Sitz, Alfred
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The adoption of the Euro by Romania
Sibiu Alma Mater University Journals ? Series A. Economic Sciences, 2013Classifications are part of the statistical infrastructure, the one underlying the compilation of macroeconomic indicators as Gross Domestic Product, within European System of Accounts framework. When a change in classifications occurs, this impacts directly the national accounts by the imminence of a revision of back data series of macroeconomic ...
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, 2007 This paper estimates the speed and determinants of euro adoption across Italian provinces by exploiting the natural experiment in early 2002 when the euro and lira dually circulated as legal tender. A unique data set with daily observations on the net flows of euro banknotes from the branches of the Bank of Italy, province by province, is used.
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ROMANIA ON THE WAY OF EURO ADOPTION [PDF]
Theoretical and Applied Economics, 2013 Based on optimal currency area (OCA) criteria, this paper is assessing the real convergence process in Romania from the Euro adoption perspective. Our findings suggest that the correlation of the business cycle in the case of Romania is one of the lowest among NMS, and the demand shocks are still negatively correlated with Eurozone for some NMS ...
Ionuţ Dumitru, Ionela Jianu (Dumitru)
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PROSPECTS FOR EURO ADOPTION IN ROMANIA [PDF]
Romanian Economic and Business Review, 2013 Enlargement of the Union is one of the major projects undertaken by the European Union. Basically, Romania's decision to join the European Union is a strategic orientation in close contact with all political forces of the country. Through this study, are highlighted provisions imposed to Romania by the European Union covering the road to euro adoption,
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Preparing for Euro Adoption in Poland
OECD Economics Department Working Papers, 2010The objective of joining the euro area has become an important priority in the policy agenda of the current government. The paper focuses on the major structural reforms necessary to prepare for euro adoption that should allow a sustainable fulfilment of the Maastricht criteria and maximisation of the ensuing various benefits.
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Preconditions for a Successful Euro Adoption
2007What macroeconomic requirements must Turkey meet in its quest to accede to the European Union? This book, with its distinguished contributors – well-known economists and policymakers – examines and analyses these macroeconomic challenges confronting Turkey. Although the focus is on the specific situation of Turkey, the lessons are informative for other
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Cost and Benefits of Adopting Euro [PDF]
, 2014 Euro zone is the largest economic integration of a currency area that the world had seen since the unification of the United States into a monetary union under the dollar, over two centuries earlier. This paper investigates the circumstances under which it is beneficial to participate in a currency area. We examine some key comparisons that can be made
Georgieva Svrtinov, Vesna +2 more
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2017
Serbia has the highest Euroisation index in South-Eastern Europe. Euro is heavily used in the domestic economy, because people lost trust in national currency. This bachelor thesis deals with monetary integration in Europe, conditions needed for accession to the Eurozone, as well benefits and costs of Euro area membership.
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Serbia has the highest Euroisation index in South-Eastern Europe. Euro is heavily used in the domestic economy, because people lost trust in national currency. This bachelor thesis deals with monetary integration in Europe, conditions needed for accession to the Eurozone, as well benefits and costs of Euro area membership.
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Political and policy dilemmas of euro adoption in CEE countries: What next when crisis hits?
European Policy Analysis, 2021György Ivan Neszmelyi +2 more
exaly