This paper makes the case for full euroization of the Balkans. It argues that the full adoption of the new currency, including the use of euro notes and coins, would bring important benefits for the countries in south east Europe. The key benefit of euroization would be the opportunity it would...

The position taken by politicians and important pressure groups in Germany concerning EMU will depend to a large extent on its labour market implications - and thus on the (perceived) impact of exchange rate variability on employment and unemployment. Most economists would assume this impact to...