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.
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.
The Eastern Enlargement of the EU identifies the major fiscal challenges facing Central European countries on the road to European Union accession. The Introduction and three other chapters are ...
In May 2004, eight former communist states in Central and Eastern Europe acceded to the European Union. This new book examines the Eastern expansion of the EU through a tripartite structure,...
The idea for this volume came from the enigma that some Central and Eastern European (CEE) European Union (EU) member states have been keen to join the Eurozone while others have shown...
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