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What kind of convergence does the euro area need?

"The Economic and Monetary Union has failed to generate convergence for its member states in the area of economic performance. It is true that the Single Market Act of 1986 was followed by rapid convergence. However, since the introduction of the euro there has been slow and steady divergence....

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Bibliographic Details
Main Authors: Jacques Delors Institut, auf dem Brinke, Anna, Enderlein, Henrik, Fritz-Vannahme, Joachim
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Gütersloh 2015
Bertelsmann Stiftung
Subjects:
economic growth
economic indicator
economic policy
EMU
productivity
EU countries
Online Access:https://www.labourline.org/KENTIKA-19107851124919250339-What-kind-of-convergence-does-.htm
Description
Summary:"The Economic and Monetary Union has failed to generate convergence for its member states in the area of economic performance. It is true that the Single Market Act of 1986 was followed by rapid convergence. However, since the introduction of the euro there has been slow and steady divergence. Why did this happen?"
Physical Description:34 p.
Digital

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