European Monetary Union. Convergences and Divergences in an Optimum Currency Area
Theory stated that a country should adhere to a monetary area if that country has about the same development level as member states. Otherwise, less developed countries will bear more pronouncedly the effects of asymmetric shocks that may occur in an integration zone. The reality exceeded far and aw...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Dunarea de Jos University of Galati
2020-05-01
|
Series: | Annals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics |
Subjects: | |
Online Access: | http://www.eia.feaa.ugal.ro/images/eia/2020_1/Neculita_Micu.pdf |