The Single European Currency: Prospects and an Alternative Proposal
This paper appraises the current position of the European Union (EU) countries, which could potentially become members of the Economic and Monetary Union (EMU) which is now likely to materialise in January, 1999, in an attempt to argue that the current EMU criteria should be revised. The paper discusses briefly and critically the Maastricht Treaty arrangements and convergence criteria for the single currency, reviews the current position of all the members of the EU, and presents a proposal for a new Maastricht. This alternative proposal seeks to overcome the deflationary biases in the Maastricht proposals, and suggests for low unemployment rates to be included in the convergence criteria.
Volume (Year): 1 (1998)
Issue (Month): 1 (May)
|Contact details of provider:|| Postal: Trg J.F.Kennedya 6, 10000 Zagreb|
Phone: +385 1 233-5633
Fax: +385 1 238-3333
Web page: http://www.efzg.hr/
More information through EDIRC
|Order Information:|| Postal: Zagreb International Review of Economics and Business, Faculty of Economics and Business, Trg J. F. Kennedy 6, 10000 Zagreb, Croatia.|
Web: http://www.efzg.hr/default.aspx?id=6045 Email:
When requesting a correction, please mention this item's handle: RePEc:zag:zirebs:v:1:y:1998:i:1:p:27-44. 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: (Jurica Šimurina)
If references are entirely missing, you can add them using this form.