Convergence in EMU: What and How?
Uitgebreide analyse
05-06-2018
One major characteristics of an optimal currency area is its ability to maintain or foster integration and convergence among its Member States. This objective requires reaching a stable economic and financial situation and developing resilience to shocks. After reviewing the state of convergence in the euro area, this paper proposes a number of recommendations, aimed at improving convergence towards the steady state, as well as financial and cyclical convergence. Recommendations focus on several policy areas, including cohesion policy, the statute of the ECB, public and private debt sustainability, fiscal rules and minimum wage policy.
Uitgebreide analyse
Externe auteur
J.Creel
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Publicatietype
Zoekterm
- arbeidsmarkt
- arbeidsmarkt
- bruto binnenlands product
- ECONOMIE
- economisch beleid
- economische analyse
- economische analyse
- economische convergentie
- Economische en Monetaire Unie
- economische geografie
- economische situatie
- EU-lidstaat
- eurozone
- financiële instellingen en krediet
- FINANCIËN
- GEOGRAFIE
- inflatie
- monetaire betrekkingen
- monetaire economie
- nationale boekhouding
- rente
- sociale omstandigheden
- sociale ongelijkheid
- SOCIALE VRAAGSTUKKEN
- WERKGELEGENHEID EN ARBEID