The Eastern Enlargement of the Eurozone
The Eastern Enlargement of the EU will not be complete until the new member states join the EMU. Economic and political economy arguments point to fast EMU accession of new member states. Failure to do so will create a two speed Europe, a fundamental change in the economic and political architecture...
| Other Authors: | , |
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| Format: | eBook |
| Language: | English |
| Published: |
New York, NY
Springer US
2006, 2006
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| Edition: | 1st ed. 2006 |
| Subjects: | |
| Online Access: | |
| Collection: | Springer eBooks 2005- - Collection details see MPG.ReNa |
Table of Contents:
- When Should the New Member States Join EMU?
- The Exchange Rate: Shock Generator or Shock Absorber?
- Do the New Member States Fit the Optimum-Currency-Area Criteria?
- EMU Enlargement and Trade Creation
- Future EMU Membership and Wage Flexibility
- Exchange Rate Regimes and Nominal Convergence
- EMU Enlargement and the Choice of Euro Conversion Rates
- The Short-Run Macroeconomic Effects of Discretionary Fiscal Policy Changes
- How to Reform the Stability and Growth Pact
- Uneven Growth in a Monetary Union
- ECB Decision-Making in an Enlarged EMU
- A Strategy for EMU Enlargement