Convergence Problems in the Eurozone

Tomasz Wierzejski

Department of Microeconomics, University of Warmia and Mazury in Olsztyn

Małgorzata Siemionek

Department of Microeconomics, University of Warmia and Mazury in Olsztyn


Résumé

This paper analyses the issue of convergence in the Eurozone. The overarching objective was to evaluate the monetary and fiscal convergence of the countries in the Eurozone during the recent period. A further goal was to establish recommendations boosting the economic efficiency of the analysed currency integration of the Eurozone. The paper pinpoints crucial theoretical underpinnings and the current analysis of the Eurozone. Empirical data pertinent to macroeconomic indicators, which were collated and statistically analysed, were also used to delineate crucial issues of convergence in the Eurozone. 


Mots-clés :

Eurozone, convergence criteria, optimum currency areas, Stability and Growth Pact


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Publiée
2012-12-31

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Wierzejski, T., & Siemionek, M. (2012). Convergence Problems in the Eurozone. Olsztyn Economic Journal, 7(2), 315–327. https://doi.org/10.31648/oej.3431

Tomasz Wierzejski 
Department of Microeconomics, University of Warmia and Mazury in Olsztyn
Małgorzata Siemionek 
Department of Microeconomics, University of Warmia and Mazury in Olsztyn



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