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Impact on the fate of the euro area economy

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Author Info

  • Moise Cindea

    () (“Petre Andrei” University, Iasi, Romania)

  • Gabriela Ciurariu

    () (“Petre Andrei” University, Iasi, Romania)

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    Abstract

    Regarding the impact of EMU on euro area firms' competitiveness and their capacity to play an important role in international markets, recent research indicates Euro contribution to increasing the competitiveness of firms by facilitating trade between countries in the eurozone and by promoting the single market integration EU. Euro zone countries are considered to be the best export base, attracting a larger number of companies from neighboring countries. Euro area enlargement and better integrate it, in addition to allowing firms to diversify their operations to lower marginal costs, also tend to be more closely associated with competition and thus a higher variety of products, higher productivity and lower prices

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    File URL: http://ices.ro/RePEc/zan/ygzier/2011/2011_1_06_Anuar_Tomul20_Cindea.pdf
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    Bibliographic Info

    Article provided by Gheorghe Zane Institute for Economic and Social Research ( from THE ROMANIAN ACADEMY, JASSY BRANCH) in its journal THE YEARBOOK OF THE “GH. ZANE” INSTITUTE OF ECONOMIC RESEARCHES.

    Volume (Year): 20 (2011)
    Issue (Month): 1 ()
    Pages: 49-57

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    Handle: RePEc:zan:ygzier:v:20:y:2011:i:1:p:49-57

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    Related research

    Keywords: competitiveness; financial integration; market integration; foreign direct investment;

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    1. Lionel Fontagné & Guillaume Gaulier & Soledad Zignago, 2008. "Specialization across varieties and North-South competition," Economic Policy, CEPR & CES & MSH, vol. 23, pages 51-91, 01.
    2. Pavlos Petroulas, 2006. "The Effect of the Euro on Foreign Direct Investment," Working Papers 48, Bank of Greece.
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