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| Tekijä: | Pelagidis, T. |
| Otsikko: | Divergent real economies in Europe |
| Lehti: | Economy and Society
1997 : NOV, VOL. 26:4, p. 546-559 |
| Asiasana: | ECONOMIC CONDITIONS SOCIETY EUROPE |
| Kieli: | eng |
| Tiivistelmä: | In this paper, the well-known convergence programmes implemented by the EU member-states are closely evaluated. Using descriptive statistical analysis and the changes in the real exchange rates as analytical cornerstones, the paper focuses on the economic performance of the member-states since the accord (December 1991) and the ratification (February 1992) of the Maastricht Treaty. Changes in the trade balance, industrial production, rates of unemployment, inflation and interest rates are used as criteria of success in both real and nominal terms. |
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