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The ‘New’ Theory of Optimum Currency Areas
The World Economy, 1993Highbrow opinion is like a hunted hare; if you stand long enough it will come back to the place it started from. Dennis Robertson
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Is the Euro Zone an Optimum Currency Area?
SSRN Electronic Journal, 2008The European Union (EU) was set up to create more prosperity through cooperation among all Europeans. Now, the EU is a family of 27 democratic countries. From January 1, 1999 to 2008, there has been 15 the EU Member states participate in phase three Economic and Monetary Union (the Euro Zone = EZ-15), namely (1999) Belgium, Germany, Spain, France ...
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The Application of Optimum Currency Area Criteria to Croatia [PDF]
Revista tinerilor economişti, 2007 This paper investigates if Croatia would benefit from the introduction of euro. Croatia has been gravitating towards Europe for decades, especially towards Germany. The same period, until the introduction of Stabilisation program in late 1993, was characterised by hyperinflation which caused loosing the trust in domestic currency.
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Is Europe an Optimum Currency Area?
1994The debate on EMU has been very influenced by the traditional theory of optimum currency areas (OCAs). The paper shows that this theory is not an ideal yardstick for an assessment of EMU. Its assumptions are not very realistic and its focus on asymmetric real shocks is much too narrow.
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Narratives of Optimum Currency Area Theory and Eurozone Governance
New Political Economy, 2014Holly Snaith
exaly
Monetary union in Latin America: an assessment in the context of optimum currency area
Applied Economics, 2018Kurt A Hafner
exaly