CONVERGENCE INDICATORS Table 1 Convergence of Accession and Reference Countries : The Maastricht Criteria , 2000 °
نویسنده
چکیده
منابع مشابه
The Maastricht Convergence Criteria and Optimal Monetary Policy for the EMU Accession Countries
The EMU accession countries are obliged to fulfill the Maastricht convergence criteria prior to entering the EMU. What should be the optimal monetary policy satisfying these criteria? To answer this question, the paper proposes a DSGE model of a two-sector small open economy. First, I derive the micro founded loss function that represents the objective function of the optimal monetary policy no...
متن کاملAssessing the Advantages of EMU-Enlargement for the EU and the Accession Countries: A Comparative Indicator Approach
The paper takes into account both the concerns of the EU, arguing that convergence is incomplete, and the demands from accession countries, claiming that monetary integration is optimal. Indicators are developed which measure convergence and optimality in comparison with a reference group of the four EMU-member countries Greece, Ireland, Portugal, and Spain. The general conclusion is that the d...
متن کاملConvergence indicators of water crisis management policies: A review study
Background and Aim: Achieving macro goals in countries is always a function of correct policies, which is necessary to create alignment and convergence of responsible agencies through a comprehensive and convergent policy. The water crisis is one of the issues in which the lack of consistent policies can lead to inefficiency of programs and ultimately the loss of opportunities. A prerequisite f...
متن کاملRegional Convergence in Knowledge-based Economy
Nowadays, the world economies are rapidly moving towards being more Knowledge-based Economy (KBE) and supporting the force of knowledge as a vital component of economic growth. This recent acceleration in the transition to Knowledge-based Economy in the world, has affected regional economic performance. In this paper, we surveyed the regional convergence in Knowledge-based Economy for selected ...
متن کاملThe Maastricht criteria and the Euro: Has the convergence continued?
We analyze the performance of the Maastricht convergence criteria (inflation, long-term interest rate, annual and overall public debt) of the European Monetary Union (EMU) that led to the introduction of the Euro on Jan. 1 1999 as book currency. Defining 3 regimes, 1992-97, 1997-1999 and 2000-2001, we analyse convergence properties, like a smooth or a rough transition in the mean or variance sh...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2008