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Nominal or Real Convergence with the EMU Criteria: The Case of Greece
2021Abstract This paper discusses the nominal and real convergence regarding Greece being a country-member of the European Union (EU), and of the Economic and Monetary Union (EMU). We argued that nominal convergence is relative to Maastricht criteria when real convergence has been investigated through six different axes: (1) the five ...
Aristidis Bitzenis
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Nominal and Real Convergence of Czechia With the Euro Area
Abstract The aim of this chapter is to examine the nominal and real convergence of Czechia. The importance of the convergence of Czechia with the euro area is linked to the future intention of joining the Economic and Monetary Union after the Maastricht criteria are met. This chapter covers the period from 2004 to 2021.Radmila Krkoskova, Irena Szarowska
exaly +2 more sources
Exchange Rate Regimes and Nominal Convergence in the CEECs [PDF]
This paper examines, in the context of future EMU membership of the Central and Eastern European countries (CEECs), the interaction between fiscal policy and the price level in different exchange rate regimes. The theoretical framework is based on the Fiscal Theory of the Price Level (FTPL).
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The Mirages of Nominal Illusion: Variations on Convergence
2005The euro, the European single currency, was launched in Europe on 1 January 1999, and the subsequent Economic and Monetary Union (EMU) now comprises virtually all European Union (EU) members, namely twelve countries out of fifteen; the United Kingdom, Denmark and Sweden chose to opt out. However successful, economic policy management has never produced
Jean-Paul Fitoussi +1 more
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How to balance real and nominal convergence? The case of Poland
2003Pawel Durjasz, Jakub Borowski
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After presenting the institutional construction during the pre-accession and post-accession to the Economic and Monetary Union (EMU), the exchange rate mechanisms (ERM) in several countries and the convergence criteria, we go on with a brief analysis of the way the CEE countries cope with the convergence criteria in accordance with the Maastricht ...
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Direct Inflation Targeting and Nominal Convergence: The Czech Case
Open Economies Review, 2003zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Matoušek, Roman, Taci, Anita
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2000
To round off the comparative study of Spain’s main economic variables vis-a-vis those of the other EU countries, in this final chapter of Part I we shall examine whether economic convergence in the European Union has actually advanced since Spain joined the Community. Specifically, Section 7.2 discusses the meaning of the concept ‘economic convergence’
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To round off the comparative study of Spain’s main economic variables vis-a-vis those of the other EU countries, in this final chapter of Part I we shall examine whether economic convergence in the European Union has actually advanced since Spain joined the Community. Specifically, Section 7.2 discusses the meaning of the concept ‘economic convergence’
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