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  • 标题:Implications of EMU Enlargement for European Monetary Policy
  • 本地全文:下载
  • 作者:Philipp Maiera ; Maarten Hendrikx
  • 期刊名称:DNB Research Reports
  • 出版年度:2002
  • 卷号:1
  • 出版社:De Nederlandsche Bank
  • 摘要:Philipp Maier and Maarten Hendrikx In this paper we investigate the implications of EMU enlargement from a political economy perspective. We argue that a high degree of convergence of the candidate countries prior to EMU accession is an important req-uisite. Otherwise, as a result of a sharp increase in economic dispersion, public support for European monetary policy is likely to decrease, and external pressure on the European Central Bank will mount.
  • 关键词:EU Enlargement, Economic Convergence, Political Economy
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