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....
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Ovidius University Press
2023-08-01
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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 |