Progress Towards Convergence 1996
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Progress Towards Convergence 1996
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Author : European Monetary Institute (Frankfurt, Main)
language : en
Publisher:
Release Date : 1996
Progress Towards Convergence 1996 written by European Monetary Institute (Frankfurt, Main) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.
Economic Convergence In The Euro Area Coming Together Or Drifting Apart
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Author : Mr.Jeffrey R. Franks
language : en
Publisher: International Monetary Fund
Release Date : 2018-01-23
Economic Convergence In The Euro Area Coming Together Or Drifting Apart written by Mr.Jeffrey R. Franks and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-23 with Business & Economics categories.
We examine economic convergence among euro area countries on multiple dimensions. While there was nominal convergence of inflation and interest rates, real convergence of per capita income levels has not occurred among the original euro area members since the advent of the common currency. Income convergence stagnated in the early years of the common currency and has reversed in the wake of the global economic crisis. New euro area members, in contrast, have seen real income convergence. Business cycles became more synchronized, but the amplitude of those cycles diverged. Financial cycles showed a similar pattern: sychronizing more over time, but with divergent amplitudes. Income convergence requires reforms boosting productivity growth in lagging countries, while cyclical and financial convergence can be enhanced by measures to improve national and euro area fiscal policies, together with steps to deepen the single market.
Empirics For Economic Growth And Convergence
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Author : Danny Quah
language : en
Publisher:
Release Date : 1995
Empirics For Economic Growth And Convergence written by Danny Quah and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Convergence (Economics) categories.
Convergence Report
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Author : European Monetary Institute
language : en
Publisher:
Release Date : 1998
Convergence Report written by European Monetary Institute and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Business & Economics categories.
Recoge: 1. Introduction and summary -- 2. Convergence criteria -- 3.Compatibility of nationall legislation with the Treaty.
The European Central Bank Institutional Aspects
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Author : Rene Smits
language : en
Publisher: Kluwer Law International B.V.
Release Date : 1997-03-06
The European Central Bank Institutional Aspects written by Rene Smits and has been published by Kluwer Law International B.V. this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-03-06 with Law categories.
Holländ., franz., dt., span. und ital. Zusammenfass.
International Convergence Of Capital Measurement And Capital Standards
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Author :
language : en
Publisher: Lulu.com
Release Date : 2004
International Convergence Of Capital Measurement And Capital Standards written by and has been published by Lulu.com this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Bank capital categories.
Progress Toward The Unification Of Europe
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Author : Helena Tang
language : en
Publisher: World Bank Publications
Release Date : 2000-01-01
Progress Toward The Unification Of Europe written by Helena Tang and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-01 with Business & Economics categories.
Ten countries of Central and Eastern Europe and the Baltic (CEECs) are candidates to join an enlarged European Union (EU) in the years to come. The ten are Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, the Slovak Republic and Slovenia. This enlargement will bring many opportunities to the both the EU and the candidate countries. For the EU it will bring enhanced weight and influence. For the candidate countries it should mean an improvement of their long term growth prospects by providing access to an open single market. The accession process is providing the impetus for the acceleration of much needed economic, political, institutional and social reforms in some of the CEECs as they strive to meet EU membership requirements. The key for the CEECs is to achieve sustained, high long-term growth in order to meet their ultimate objective of accession. The EU has already concluded agreements with the CEECs which went beyond the narrowly conceived ideas of market access to include the alignment of the CEEC economic system with that of the EU's. This report sets out the future agenda for the successful integration of the CEECs into an enlarged EU. The first priority is for each country to complete its own process of transition to a free market democratic state. In short this will mean that many will have to address: their fiscal challenges, and ensure fiscal sustainability; the challenge of global financial integration, opening of their capital accounts; the strengthening of their administrative capacity; the reduction of unemployment; and the promotion of social inclusion.
The Politics Of Economic And Monetary Union
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Author : Petri Minkkinen
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
The Politics Of Economic And Monetary Union written by Petri Minkkinen and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
If the plans concerning EMU will be realised, by 2002 national currencies will be replaced by the Euro and national central banks will be partially replaced by the European Central Bank. The Politics of Economic and Monetary Union starts with the argument that EMU is more a political than an economic project. It develops this theme by addressing five different questions. First, precisely what is the general role of EMU in the globalising political economy? Second, how EMU will change the power relations and the relationship between `political' and `economic'? Third, what effects will EMU have on generally accepted values - including for example efficiency, self-determination, and democracy? Fourth, how does the EMU-related politics of symbols - including money - take part in constructing political identities? And last, but certainly not least, what effects EMU will have on the social and political dimension of the Union and thus also on its legitimacy? The politics of EMU includes many dimensions. The book tries to explain the hegemony of the neoliberal and German vision of Europe in the context of recent development in the global political economy. It assesses the consequences of this hegemony and the possibility for alternatives from a variety of perspectives. In many chapters, it is also argued that the legitimation problems of the Union may turn into an acute crisis also because of EMU. We should expect an actualised crisis to lead to a transformation of the Union.
The Impact Of The Euro
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Author : Mark Baimbridge
language : en
Publisher: Springer
Release Date : 1999-10-12
The Impact Of The Euro written by Mark Baimbridge and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-10-12 with Business & Economics categories.
Economic and Monetary Union (EMU) will have far-reaching consequences for participating nations. This book contains a unique and editorially neutral collection of key arguments favouring and opposing membership. The economic and policy implications are evaluated by distinguished economists, whilst the impact upon national sovereignty and the world of work is debated by prominent MPs and representatives of business and trade union organisations. The text provides an unbiased, comprehensive and 'readable' resource for specialist students and a general readership.
Introduction Of The Euro And The Monetary Policy Of The European Central Bank
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Author : Shigeyuki Hamori
language : en
Publisher: World Scientific
Release Date : 2010
Introduction Of The Euro And The Monetary Policy Of The European Central Bank written by Shigeyuki Hamori and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.
The Euro area is an extremely unique and important currency area for two reasons. First, it is the single largest currency area to be created in an industrialized region. In a sense, the Euro area is important as a test case for those contemplating the establishment of new currency areas in East Asia, North America or other industrialized regions. Second, it was established by sovereign states working as peers, who, despite various challenges, peacefully and autonomously decided to create a single currency area. In other words, the Euro area is very different from other currency areas created by countries formerly in colonial relationships with each other. Therefore, for regions emerging from a developing status and forming a currency area, the Euro area could serve as a model case.Marking the 10th anniversary of the creation of the European Central Bank (ECB) and the Euro, this invaluable book analyzes the monetary policy of the ECB — the guardian of the Euro — by using recently developed econometric methods. The analysis performed in this book marks a substantial contribution toward understanding the significance of the Euro area as well as the future of the Euro from an international perspective.