Macroeconomic Effects of EU Transfers in New Member States

Macroeconomic Effects of EU Transfers in New Member States
Large inflows from the European Union to the New Member States are likely to significantlyimpact macroeconomic outcomes. In this paper, we use the IMF's Global Integrated Monetaryand Fiscal model (GIMF) to analyze the impact of the transfers and show the conditionsunder which they would help speed up convergence. We find that the EU funds need... READ MORE...

Publication date: September 2008
ISBN 9781451870817
$18.00

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