Credibility and Convergence: Did Euroization Deliver for Montenegro?

Using Montenegro as a case study, this paper evaluates the viability of currency substitution, in this case euroization, as a response to increased financial volatility. Proponents of euroization outline a series of expected benefits, while critics point to what they perceive as much larger costs....

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Bibliographic Details
Main Authors: Lara-Greta Merling, Kevin M. Cashman
Format: Article
Language:English
Published: Ovidius University Press 2023-08-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/RO/2023-i1/Section%201%20and%202/18.pdf