Arbeitspapier

EMU and the Mediterranean Area

This paper analyses the impact of European Monetary Union on outside countries, with emphasis on countries of the Mediterranean Area (MED12). After discussing the possible "eurization" of bilateral trades between EMU countries and countries with close economic and geographical links; the possible "eurization" of existing debts, today denominated in dollars, and the closely connected increase of direct investment and private capital flows to the area, the paper argues that the advent of EMU is likely to have a positive, though small, effect on MED12. As a related issue, the paper also discusses the stability of the demand for euro and some possible implications of EMU for the international monetary system.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 90.1998

Klassifikation
Wirtschaft
Economic Integration
Macroeconomic Aspects of International Trade and Finance: Other
Macroeconomic Aspects of International Trade and Finance: General
International Monetary Arrangements and Institutions
Trade Policy; International Trade Organizations
Thema
Eurozone
Euro
Insider-Outsider-Modell
Mittelmeerraum

Ereignis
Geistige Schöpfung
(wer)
Giovannetti, Giorgia
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
1998

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Giovannetti, Giorgia
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 1998

Ähnliche Objekte (12)