The Question of Instability, Uncompetitiveness and Growth Slowdown of Small Middle –Income Countries in the Euro Area
The thesis of this article is that a small country with a below-average per capita income is in a disadvantaged macroeconomic position inside the euro area. Small middle-income countries expected an acceleration of growth by joining the EMU. They were hoping to catch up in the convergence process wi...
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| Format: | Article |
| Language: | English |
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University of Ljubljana
2013-12-01
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| Series: | Economic and Business Review |
| Online Access: | http://www.ebrjournal.net/ojs/index.php/ebr/article/view/253/pdf |