The Euro – When and how: three perspectives
In view of the institutional and economic magnitude of Eurozone enlargement, the effects on EU member states – old members as well as new – may in no way be taken lightly. It is, therefore, important to repeatedly confront the issue: “When and how to introduce the euro”. In essence, there are two scenarios for the timing of Eurozone enlargement: “rapid and extensive” or “gradual and slower”. The article presents three different perspectives for looking at both problems: the perspective of accession economies, the European perspective, and the standpoint of researchers who tried to contribute the results of their empirical studies to the overall discussion.
|Date of creation:||03 Mar 2004|
|Date of revision:|
|Note:||Type of Document - ; pages: 10. The English version of the paper published in Proceedings from the Series of economic seminars (2003) Czech Economic Society, Prague [in Czech].|
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- Kateřina Šmídková & Ray Barrell & Dawn Holland, 2003.
"Estimates of fundamental real exchange rates for the five eu pre-accession countries,"
Prague Economic Papers,
University of Economics, Prague, vol. 2003(4).
- Ray Barrell & Dawn Holland & Katerina Smidkova, 2003. "Estimates of Fundamental Real Echange Rates for the Five EU Pre- Accession Countries," Macroeconomics 0303016, EconWPA.
- Katerina Smidkova & Ray Barrell & Dawn Holland, 2002. "Estimates of Fundamental Real Exchange Rates for the Five EU Pre-Accession Countries," Working Papers 2002/03, Czech National Bank, Research Department.
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