Arbeitspapier
Costs and Benefits of Euro Adoption in Bulgaria
This study presents a cost-benefit analysis of euro adoption for the case of Bulgaria. Based on a review of existing similar studies for other East European EU member states, it outlines the basic types of potential costs and benefits of euro adoption, and applies them to the specific Bulgarian economic and economic policy context. The most important relevant features of the Bulgarian economy with respect to the analysis are found to be the catching-up status of the country and the currency board arrangement. In this context the study finds that a net benefit of above 15 % of GDP in a 20 year horizon can be expected for Bulgaria due mainly to enhanced capital inflows and to a smaller extent to a boost in trade with the EU and to higher domestic saving in light of enhanced policy credibility. Along the way the study attempts to draw attention to important nuances which may be of relevance for the analysis of euro adoption in Eastern Europe in general.
- Sprache
-
Englisch
- Erschienen in
-
Series: FINESS Working Paper ; No. D.5.3
- Klassifikation
-
Wirtschaft
Monetary Policy
Economic Integration
International Monetary Arrangements and Institutions
International Policy Coordination and Transmission
- Thema
-
Bulgaria
euro area
euro adoption
cost-benefit analysis
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ganev, Georgy
- Ereignis
-
Veröffentlichung
- (wer)
-
Deutsches Institut für Wirtschaftsforschung (DIW)
- (wo)
-
Berlin
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Ganev, Georgy
- Deutsches Institut für Wirtschaftsforschung (DIW)
Entstanden
- 2009
Ähnliche Objekte (12)
Costs and Benefits of Euro Adoption in Bulgaria
Costs benefits of protection
Benefits & costs of Kyoto
Gender - from costs to benefits
Gender - from Costs to Benefits
Benefits and Costs of Transport
Fiscal consolidation in the euro area: long-run benefits and short-run costs.
The benefits and costs of adjusting bank capitalisation: Evidence from euro area countries
Understanding inequality: social costs and benefits
Costs and benefits of EU enlargement
Benefits and costs of liquidity regulation
Costs and benefits of international barter
Costs and Benefits of Euro Adoption in Bulgaria
Costs benefits of protection
Benefits & costs of Kyoto
Gender - from costs to benefits
Gender - from Costs to Benefits
Benefits and Costs of Transport
Fiscal consolidation in the euro area: long-run benefits and short-run costs.
The benefits and costs of adjusting bank capitalisation: Evidence from euro area countries
Understanding inequality: social costs and benefits
Costs and benefits of EU enlargement
Benefits and costs of liquidity regulation
Costs and benefits of international barter
Costs and Benefits of Euro Adoption in Bulgaria
Costs benefits of protection
Benefits & costs of Kyoto
Gender - from costs to benefits
Gender - from Costs to Benefits
Benefits and Costs of Transport
Fiscal consolidation in the euro area: long-run benefits and short-run costs.
The benefits and costs of adjusting bank capitalisation: Evidence from euro area countries
Understanding inequality: social costs and benefits
Costs and benefits of EU enlargement
Benefits and costs of liquidity regulation