Pregled bibliografske jedinice broj: 617830
Is There a Need for Applying a Broader Set of Criteria for EMU Membership – the Role of Unofficial Euroisation
Is There a Need for Applying a Broader Set of Criteria for EMU Membership – the Role of Unofficial Euroisation // 1st International M-Sphere Conference for Multidisciplinarity in Science and Business, Book of Proceedings (Part 2) / Vranešević, Tihomir, Peručić, Doris, Mandić, Miroslav, Hudina, Boris (ur.).
Zagreb: Accent Press, 2012. str. 515-522 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), ostalo)
CROSBI ID: 617830 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Is There a Need for Applying a Broader Set of Criteria for EMU Membership – the Role of Unofficial Euroisation
Autori
Šimić, Vladimir
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), ostalo
Izvornik
1st International M-Sphere Conference for Multidisciplinarity in Science and Business, Book of Proceedings (Part 2)
/ Vranešević, Tihomir, Peručić, Doris, Mandić, Miroslav, Hudina, Boris - Zagreb : Accent Press, 2012, 515-522
ISBN
978-953-7930-00-4
Skup
1st International M-Sphere Conference for Multidisciplinarity in Science and Business
Mjesto i datum
Dubrovnik, Hrvatska, 04.10.2012. - 06.10.2012
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
Unofficial euroisation; Maastricht criteria; monetary integration
Sažetak
The project of a single European currency has been the subject of much controversy since its very beginnings. This enormous experiment has to date remained a hot issue in both academic and policy circles, especially nowadays when questions of the euro future are considered very seriously. Given this it seems a bit surprising to see a number of the EU member states still dedicated to adopting the euro in near future. The countries wishing to enter the EMU have to fulfil the Maastricht criteria. Notwithstanding the recent worries and assuming that the euro will survive, this paper critically assesses the appropriateness of the Maastricht criteria and proposes that in the case of countries from Central and Eastern Europe an additional weight be given to unofficial euroisation which may have important consequences for the conduct of monetary and exchange rate policy. Therefore there is a need to explore its implications for the official introduction of the euro. This topic has been generally neglected in the literature and this paper fills this gap by investigating the need that the convergence criteria be modified in case of the euroised economies. These considerations are empirically explored using the case of Croatia.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
