The Euro: only for the agile
AbstractAlan Ahearne and Jean Pisani-Ferry explore the implications of economic divergence in the euro area for policy makers, as well as the discipline required to be part of the single currency. From this analysis they derive policy recommendations, both for the policies and monitoring of existing euro area members and for the selection of those of the new Member States that may adopt the euro in the next years.
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Bibliographic InfoPaper provided by Bruegel in its series Policy Briefs with number 42.
Date of creation: Jan 2006
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