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This paper examines the impact of European Economic and Monetary Union (EMU) on trade within the...

In recent years, fiscal performance in Central Europe has steadily deteriorated, in contrast to...

Increasing global financial market integration is presenting new challenges to central banks as...

The experiences of Caribbean Economic Community countries show that exchange rate depreciation in...

The likely enlargement of euro-area membership will radically change the environment under which...

This paper addresses two questions. First, under what circumstances will a centralized...