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2017, vol. 64, br. 2, str. 223-244
Economic crisis and convergence in the Eurozone countries
(naslov ne postoji na srpskom)
University of the Basque Country UPV/EHU, Department of Applied Economics V, Spain

e-adresajesus.ferreiro@ehu.eus, catalina.galvez@ehu.eus, carmen.gomez@ehu.eus, ana.gonzalezflores@ehu.eus
Projekat:
FESSUD - Financialisation, economy, society and sustainable development (EU-FP7 - 266800)

Ključne reči: economic crisis; Eurozone; convergence; sigma-convergence
Sažetak
(ne postoji na srpskom)
Although a key condition for the creation of a monetary union is the existence of similar structural characteristics that reduce the existence and incidence of asymmetric shocks, in the case of the Eurozone, most, if not all, studies have emphasized the existence of sizeable divergences both in the macroeconomic performances and in the structural elements of the Eurozone countries. The objective of the paper is to analyse whether the economic and financial crisis that is affecting the Eurozone since the year 2008 has had any impact of the coherence of the Eurozone, that is, whether after 2008 the differences in the macroeconomic performance of the euro counties are declining (convergence) or increasing (divergence).
Reference
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Benczes, I., Szent-Ivanyi, B. (2015) The European Economy in 2014: Fragile Recovery and Convergence. JCMS: Journal of Common Market Studies, 53: 162-180
Carrasco, C.A., Peinado, P. (2015) On the origin of European imbalances in the context of European integration. Panoeconomicus, vol. 62, br. 2, str. 177-191
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Snaith, H. (2014) Narratives of Optimum Currency Area Theory and Eurozone Governance. New Political Economy, 19(2): 183-200
 

O članku

jezik rada: engleski
vrsta rada: izvorni naučni članak
DOI: 10.2298/PAN1702223F
objavljen u SCIndeksu: 19.12.2017.
Creative Commons License 4.0

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