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  • 标题:EXAMINATION OF ECONOMIC CONVERGENCE
  • 本地全文:下载
  • 期刊名称:Convergence Report / European Central Bank
  • 印刷版ISSN:1725-9312
  • 电子版ISSN:1725-9525
  • 出版年度:2006
  • 卷号:1
  • 页码:8-8
  • 出版社:European Central Bank
  • 摘要:To examine the state of economic convergence in the nine Member States under review, the ECB makes use of a common framework for analysis which is applied to each country in turn. The common framework is based, first, on the Treaty provisions and their application by the ECB with regard to developments in prices, fiscal balances and debt ratios, exchange rates and long-term interest rates, together with other relevant factors. Second, it is based on a range of additional backward and forward-looking economic indicators which are considered to be useful for examining the sustainability of convergence in greater detail. Boxes 1 to 4 below briefly recall the provisions of the Treaty and provide methodological details which outline the application of these provisions by the ECB.
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