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...

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Bibliographic Details
Main Authors: Mihaela NECULITA, Adrian MICU
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