成绩上升 发表于 2025-3-28 16:21:16
EMU and Outsiders: Fixed versus Flexible Exchange Ratesikely will follow. Under this arrangement a core of countries will form a monetary union, leaving a periphery that does not initially participate. The existence of such a periphery raises the issue of the appropriate exchange rate relationship vis-à-vis the core. This paper analyses some key aspects高谈阔论 发表于 2025-3-28 21:29:17
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http://reply.papertrans.cn/32/3169/316861/316861_46.pngScintigraphy 发表于 2025-3-29 15:55:35
Deficits, Debts and the Stability Pacts. Today, already 9 or 10 countries satisfy the criteria for inflation, interest and exchange rates. Despite these positive results, uncertainties remain about the EMU starting on schedule because of insufficient convergence with regard to the fiscal criteria. This view is not only wrong, but also d宠爱 发表于 2025-3-29 23:02:00
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Compromise Should not Undermine the Credibility of the Euro Currencyhe beginning of 1999 as a start date, the strict fulfillment of the convergence criteria and the large number of participants involved. The question of where to compromise will have to be decided on a political level. It is, however, certainly useful to remember that the three goals have different j欲望小妹 发表于 2025-3-30 06:57:07
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