The Eastern Enlargement of the Eurozone

• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Άλλοι συγγραφείς: Dabrowski, Marek (Επιμελητής έκδοσης), Rostowski, Jacek (Επιμελητής έκδοσης)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Boston, MA : Springer US, 2006.
• Θέματα: Economics.; Management science.; Macroeconomics.; International economics.; European Economic Community literature.; European Integration.; Economics, general.; Macroeconomics/Monetary Economics//Financial Economics.; International Economics.

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...

Πίνακας περιεχομένων:

• 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.