The Euro addoption process – macroeconomic effects for member states
AbstractIn January 2004 eleven members of the European Union (EU) took a new step toward the creation of a single European market. They launched the European Monetary Union and implemented a new cross-border currency, the euro.This event was unprecedented in monetary history. This article deals with the macro-economic effects of euro implementation. First, it considers the trade-creating and trade-destroying effects within the new currency area as well as for non-EMU countries. It then examines the internal economic implications for countries both within and outside of the new euro-currency zone
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Bibliographic InfoArticle provided by University of Craiova, Faculty of Economics and Business Administration in its journal Annals of Computational Economics.
Volume (Year): 2 (2008)
Issue (Month): 36 (may)
Euro; EU; macroeconomic effects;
Find related papers by JEL classification:
- E00 - Macroeconomics and Monetary Economics - - General - - - General
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
- F00 - International Economics - - General - - - General
- F15 - International Economics - - Trade - - - Economic Integration
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