Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/31941
Authors: 
Fahrholz, Christian
Mohl, Philipp
Year of Publication: 
2003
Series/Report no.: 
Ezoneplus working paper / Eastward Enlargement of the Eurozone 17C
Abstract: 
This regional input analyses recent developments and future prospects of fiscal policy (part I) and monetary policy (part II) of Benelux, France and Germany (EMU-5) covering the period of 1997-2004. The fiscal policy part concentrates on budgetary effects of the eastward enlargement. Besides, socio-economic developments are considered, as well. In context of monetary policy affairs, the heterogeneity of EMU-5 members is surveyed. The brief analysis of two main aspects of the monetary union the GDP growth rates and the inflation rates indicates that diversity among the surveyed countries still prevails.
Subjects: 
EU-budget costs
ECB
EMU
EU-enlargement
fiscal and monetary policy
heterogeneity
Stability and Growth Pact
JEL: 
E5
F4
E61
E65
Document Type: 
Working Paper

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