Economic and Monetary Union and the Post 2004 member countries
The paper discusses a range of considerations as to whether the new member countries would benefit from joining EMU, and then to propose alternative criteria for their membership. It begins by rehearsing the 'optimal currency area' arguments, and then consider one aspect of those arguments, namely the use of fiscal policy. The effectiveness of monetary policy within a currency union is then considered, and the exchange rate at which it would be appropriate for a country to join the euro. The current balance of payments positions of new member countries is outlined and the consequence for joining EMU discussed. Finally the appropriate convergence criteria for a country to achieve before a single currency are discussed.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 9 (2006)
Issue (Month): 2 (Winter)
|Contact details of provider:|| Web page: http://www.ekonomia.ucy.ac.cy/|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ekn:ekonom:v:9:y:2006:i:2:p:119-136. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Managing Editor)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.