New Member States of the EU and EMU – Convergence and the Financial Crisis

The theory of the Optimum Currency Area (OCA) clearly accentuates the need for common economic characteristics among states if it is to work well. This paper analyses the extent to which the New Member States of the European Union (NMS) satisfy the criteria of nominal and real convergence. Four of...

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Bibliographic Details
Main Authors: Ines Kersan-Škabić, Andrea Mihaljević
Format: Article
Language:English
Published: Faculty of Economics and Business in Osijek 2010-07-01
Series:Ekonomski Vjesnik
Subjects:
Online Access:http://hrcak.srce.hr/file/87582