Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19250
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dc.creatorKrawczyk, Mariusz K.-
dc.date2004-
dc.date.accessioned2013-10-16T07:03:55Z-
dc.date.available2013-10-16T07:03:55Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/19250-
dc.identifierppn:391288601-
dc.identifierRePEc:zbw:hwwadp:26309-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/19250-
dc.descriptionThe politically and legally complicated character of the EU Eastern Enlargement heavily influenced the conflict between the legal and economic rationality underlying the construction of the EMR-II. This makes the ERM-II vulnerable to currency crises and creates conditions for a widespread currency and asset substitution in the accession countries. As a result, the required participation of all accession countries in the ERM-II imposes unnecessary costs on the whole enlargement process. The costs could be avoided if the EU adopted a more flexible approach to the enlargement of its monetary union, allowing for an individual path of adopting the euro in each accession country depending on the country?s economic conditions.-
dc.languageeng-
dc.relationHWWA Discussion Paper 278-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectF36-
dc.subjectF33-
dc.subjectF32-
dc.subjectddc:330-
dc.subjectEU enlargement-
dc.subjectmonetary integration-
dc.subjectcurrency crisis-
dc.subjectasset substitution-
dc.subjectEU-Erweiterung-
dc.subjectEuropäischer Währungsverbund-
dc.subjectWährungskrise-
dc.subjectEuropäische Wirtschafts- und Währungsunion-
dc.subjectEuropa-
dc.titleA Currency Crisis in Europe? The Europe's common currency and the new accession countries-
dc.typedoc-type:workingPaper-
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