| dc.creator |
Krawczyk, Mariusz K. |
|
| dc.date |
2004 |
|
| dc.date.accessioned |
2013-10-16T07:03:55Z |
|
| dc.date.available |
2013-10-16T07:03:55Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/19250 |
|
| dc.identifier |
ppn:391288601 |
|
| dc.identifier |
RePEc:zbw:hwwadp:26309 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/19250 |
|
| dc.description |
The 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.language |
eng |
|
| dc.relation |
HWWA Discussion Paper 278 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
F36 |
|
| dc.subject |
F33 |
|
| dc.subject |
F32 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
EU enlargement |
|
| dc.subject |
monetary integration |
|
| dc.subject |
currency crisis |
|
| dc.subject |
asset substitution |
|
| dc.subject |
EU-Erweiterung |
|
| dc.subject |
Europäischer Währungsverbund |
|
| dc.subject |
Währungskrise |
|
| dc.subject |
Europäische Wirtschafts- und Währungsunion |
|
| dc.subject |
Europa |
|
| dc.title |
A Currency Crisis in Europe? The Europe's common currency and the new accession countries |
|
| dc.type |
doc-type:workingPaper |
|