EMU Facts, Challenges and Policies
The launch of the euro reinforces the foundations for unprecedented economic integration encompassing 11 countries, 16 per cent of world GDP and 290 million people. For the first time, the OECD has studied the euro-area as a fully-fledged economic entity and has analysed the intensive preparations t...
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| Autores Corporativos: | , , |
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| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Paris :
OECD Publishing
1999.
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| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009704846406719 |
Tabla de Contenidos:
- Overview
- I. The Launch of the Euro: Economic Conditions and Prospects
- The costs and benefits of economic union
- Economic conditions of the euro area
- Economic prospects are favourable, but the risks are large
- II. Macroeconomic Policies
- Monetary policy: ensuring price stability
- Fiscal policy: complying with the Stability and Growth Pact
- Tax competition
- The macroeconomic policy mix and policy coordination
- III. Susceptibility to Shocks
- -Assessing the susceptibility to shock
- IV. Adaptability to Shocks: The Role of Labour Markets
- -Raising the adaptability to shocks
- Overcoming obstacles to labour mobility and wage flexibility
- Wage and income policies
- Glossary of Acronyms
- Bibliography
- Annex I. The position of EU "outs" towards joining the Monetary Union
- Annex II. A comprehensive data set for the euro area
- Annex III. Measuring asymmetric economic shocks
- Annex IV. Cluster analysis and EU convergence
- Annex V. Regional data
