Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/31939
Authors: 
Orsi, Renzo
Zukrowska, Katarzyna
Year of Publication: 
2004
Series/Report no.: 
Ezoneplus working paper / Eastward Enlargement of the Eurozone 20
Abstract: 
This paper aims at the provision of applicable recommendations for institutions and actors involved regarding the EMU accession process both in CEE and in the euro-zone. In order to provide topical advice, the first part, on markets, will concentrate on theory and empirics of labour markets, financial markets and foreign direct investment, whereas the second part, dealing with policies, will put emphasis on exchange rates, FDI, labour markets, and the social dimension. It turns out that benefits and losses of EMU accession may differ with regard to the different issue areas. To get to clear-cut recommendations, diverging impacts and their balance have been taken into consideration. Special regard has been given to divergent groups of winners and losers during accession, its impact on the political decision -making process, and ways to compensate for them.
Subjects: 
Eu enlargement
monetary integration
economic integration
EMU
ERM 2
trade and FDI
financial markets
fiscal and monetary policy
labour markets
social policies
exchange rate regimes for CEE
JEL: 
E0
E5
E6
D6
F0
F1
F2
F4
H5
G1
J2
J3
J6
Document Type: 
Working Paper

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