The Monetary Union: The Decade Ahead. The Case of Non-Member States

Daniel Daianu () and Laurian Lungu ()

No wp947, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

Abstract: What are the prospects for New Member States to join the euro-zone in the not too distant future? They seem to be in a catch-22 situation Because of the current financial crisis some Maastricht criteria would be more difficult to fulfil in the short and medium term, which would make it hard for them to join the eurozone. But there is also an argument, which highlight benefits of a faster accession due to dynamic effects for the countries involved and for the eurozone as a whole.

Keywords: finance; EU; Europe; eurozone; enlargement (search for similar items in EconPapers)
JEL-codes: E52 F36 (search for similar items in EconPapers)
Pages: pages
Date: 2009-01-01
New Economics Papers: this item is included in nep-eec, nep-mac and nep-mon
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Citations: View citations in EconPapers (1)

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