Should Finland and Sweden form a monetary union?
Article Abstract:
Analysis based on the theory of optimal currency areas indicated that Finland and Sweden should not be members of the European Monetary Union. This is because Finland and Sweden do not have common characteristics with the other EU nations. However, Finland and Sweden do have similar economic structure, have about the same size and are close to each other. They also have much similarities in cultural and political aspects. Thus, both countries may have a common currency and form a monetary union.
Publication Name: World Economy
Subject: Economics
ISSN: 0378-5920
Year: 1999
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Europe's structural and competitiveness problems and the Euro
Article Abstract:
The European Union (EU) experienced only marginal growth during the 1980s as a result of its inability to compete with Japan in high technology goods exports. The EU continues to face problems, including trade deficits in high technology exports, unemployment, and insufficient new job creation. The transition into a single currency market with the introduction of the Euro is expected to improve international competition but has also made the need for economic reform more evident and urgent.
Publication Name: World Economy
Subject: Economics
ISSN: 0378-5920
Year: 1998
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Managing an Economy Under EMU: The Case of Ireland
Article Abstract:
Ireland's experience with the sterling monetary union, then within the European Monetary System and then under the European Monetary Union is discussed.
Publication Name: World Economy
Subject: Economics
ISSN: 0378-5920
Year: 2001
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