Papaspyrou, Theodoros S. - London School of Economics (LSE) - 2007
The objective of this paper is to analyse key aspects of economic policy in EMU taking into account the basic … policy co-ordination, and (iii) the single monetary policy. The paper argues that EMU provides a framework favourable to … economic activity provided EMU advantages are fully exploited and disadvantages minimized. An optimal use of available policy …