Category

share

On the way to Eurozone

On the way to Eurozone

 

Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
Delivery in :  10-12 Business Days

 
₹ 3,651

Availability: Out of stock

 

Delivery :

5% Cashback on all Orders paid using MobiKwik Wallet T&C

Free Krispy Kreme Voucher on all Orders paid using UltraCash Wallet T&C
Product Out of Stock Subscription

(Notify me when this product is back in stock)

  • Product Description
 

Is there a necessity for revision of reference values (inflation and deficit) of the Maastricht monetary convergence criteria by considering the equilibrium characteristics of new, catching up member-states? Drawing on governmental documents and reports issued by the IMF, EBRD, Bulgarian Agency for Economic Analysis and Forecasting, Bulgarian and Hungarian National Bank and interviews with former and present governmental officials and respected scholars, this work argues that the existing Balassa- Samuelson (BS) effect in the catching-up transition economies frustrates the possibility for compliance with the Maastricht monetary convergence criteria necessary for EMU membership. The study recommends the Maastricht criteria to be defined in reference to the average inflation rate of the euro zone (the Harmonized Index of Consumer Prices, HICP), not the three EU members with the lowest inflation rate.

Product Specifications
SKU :COC32722
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-29
0 Review(s)