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Towards Optimum: Can Europe become an optimum currency area
The purpose of this thesis is to study the Eurozone and give an answer to the question: Can Europe become an optimum currency area? Our analysis is based on theory structured in the form of several criteria for an optimum ...
The optimality of EMU - A comparative study
The aim of this macroeconomic study is to evaluate whether the Economic and Monetary Union (EMU) has become an optimum currency area (OCA) or not. To reach a conclusion about the optimality of EMU we have performed two ...