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Convergence Analysis of Russia and Belarus Economies in Conditions of Monetary Integration

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  • Anastasiya Luzgina
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    Abstract

    In this paper, the author distinguishes the main ideas of the theory of Optimal Currency Area (OCA). This work explains the main features, which help to understand the differences between an Optimum Currency Area and Currency Union. This paper also itemizes main benefits and costs for countries when they create a single currency zone.In the framework of research, the author carries out a qualitative comparative analysis of the economies of Russia and Belarus and identify the main directions of their economic development.

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    File URL: http://eng.beroc.by/research/working_papers/wp17/
    File Function: First version, 2012
    Download Restriction: no

    Bibliographic Info

    Paper provided by Belarusian Economic Research and Outreach Center (BEROC) in its series BEROC Working Paper Series with number 17.

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    Length: 26 pages
    Date of creation: Sep 2012
    Date of revision:
    Handle: RePEc:bel:wpaper:17

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    Web page: http://www.beroc.by
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    Related research

    Keywords: Belarus; optimal currency area; currency union; economic and monetary integration;

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