Showing 1 - 10 of 1,098
This paper focuses on the impact of the euro on the degree of business cycle synchronisation between nineteen advanced … impact of the euro on the synchronicity and the relative amplitude of business cycles separately. We find that although the … introduction of the euro has raised the likelihood of business cycle synchronicity, it has not affected the relative amplitude of …
Persistent link: https://www.econbiz.de/10008583573
Since the beginning of the decade, numerous economic and monetary unification projects have aroused a lot of interest. The reinforcement of economic and monetary integration, especially in Europe, has set a trend for the creation of a monetary union in many others regions of the world. Since...
Persistent link: https://www.econbiz.de/10011260997
From 1990 onwards, Eastern European countries have had as a primary economic goal the convergence with the traditionally capitalist states in Western Europe. The usage of various exchange rate regimes to accomplish the convergence of inflation and interest rates, in order to create a fully...
Persistent link: https://www.econbiz.de/10005089346
The paper studies the structural convergence of the Central and Eastern European countries (CEECs) with the Euro area … the Euro area in the last decade, namely Latvia, Bulgaria and Slovenia. Romania remains by far the country with the …
Persistent link: https://www.econbiz.de/10009401077
. Using a Eurozone case study, the article discusses the nexus between competitiveness and the trade balance. Secondly, the …
Persistent link: https://www.econbiz.de/10011118556
The main objective of the proceeding is to perform a logical decomposition of the structure of external capital inflows and outflows in the Slovak republic in order to analyze the main trends in the external financial integration and its development through the period of 1994-2006. In order to...
Persistent link: https://www.econbiz.de/10005616616
In the following paper we examine the main aspects of international investment position development in the selected new European Union member countries since the year 1999, with an emphasis on their international financial assets and liabilities structure. We assess the extent of the...
Persistent link: https://www.econbiz.de/10005622179
In the wake of monetary unification euro area bond and equitymarkets have become increasingly integrated. As an … of euro area instead of outside which we refer to as ``euro bias." First, this paper explains the euro portfolio bias … with the decline primary market transaction costs(gross spread) and lower sovereign risk among euro members. Second and …
Persistent link: https://www.econbiz.de/10005786965
Developing the National Strategy for Sustainable Development (SNDD) is the result of the obligation assumed by Romania, as a member of the European Union, in accordance with the objectives agreed at EU and methodological prescriptions of the European Commission. Defining element of this policy...
Persistent link: https://www.econbiz.de/10005789542
Accession into Euro Area for Eastern European Countries became a compulsory and a very demanding step. These new …
Persistent link: https://www.econbiz.de/10009644786