One Currency for all the Europes? Relative Advantage and Political Economy Problems of EMU Enlargement
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منابع مشابه
Implications of EMU enlargement for European monetary policy: A political economy view
In this paper we investigate the implications of EMU enlargement from a political economy perspective. We argue that a high degree of convergence of the candidate countries prior to EMU accession is an important requisite. Otherwise, as a result of a sharp increase in economic dispersion, public support for European monetary policy is likely to decrease, and external pressure on the European Ce...
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Acknowledgments: The author thanks John Hajner for assistance with data collection and Steve Voss for methodological advice.
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