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Title:Fulfillment of Maastricht Convergence Criteria and the acceding countries PDF Logo
Authors:Lavrač, Vladimir
Issue Date:2004
Series/Report no.:Ezoneplus working paper / Eastward Enlargement of the Eurozone 21
Abstract:This paper first touches upon the definition and purpose of the Maastricht convergence criteria, and next analyses the rules, procedures, methodology and interpretation of meeting the Maastricht convergence criteria. It is shown how acceding countries presently fulfill the Maastricht convergence criteria and how the present EMU countries complied with them at a comparable time distance before their own entry in EMU. Some of the related issues, such as monetary and fiscal policy, coordination among economic policies and relationship between nominal and real convergence are dealt with only as much as they have a bearing on the fulfillment of the Maastricht convergence criteria.
Subjects:Maastricht convergence criteria
EMU
ERM2
JEL:E42
E62
Document Type:Working Paper
Appears in Collections:Ezoneplus Working Papers, Jean Monnet Centre of Excellence, FU Berlin

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