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Les critères de Maastricht sont-ils trop sévères ?

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  • György Szapary

Abstract

[fre] Dans cet article, l'auteur passe brièvement en revue les conditions préalables d'une participation à une union monétaire, afin d'analyser les raisons économiques qui permettraient aux PECO de rejoindre l'UEM plus tôt et non plus tard. La première partie de cet article examine dans quelle mesure les PECO présentent les caractéristiques d'une zone monétaire optimale ; dans la seconde section, les principaux avantages et principaux risques d'une participation à l'Union monétaire sont analysés ; la troisième section étudie la situation de la Hongrie au regard des critères de Maastricht ; la quatrième section aborde les craintes qui semblent exister au sein de l'UEM à propos de l'élargissement de l'Union monétaire aux PECO. . Classification JEL : F15, F36, P2 [eng] Is Maastricht too tough ? . In this article, the author reviews briefly the preconditions for participating in a currency union and to see whether there are economic reasons for the CEECs to join EMU earlier, rather than later. The first section of this article examines to what extent the CEECs display the optimal currency area properties ; the second section discusses the main benefits and risks of participating in the monetary union ; the third section looks at how Hungary stands in respect to the Maastricht criteria ; the fourth section addresses the fears that seem to exist within EMU about enlarging the monetary union with the CEECs. . JEL classifications : F15, F36, P2

Suggested Citation

  • György Szapary, 2003. "Les critères de Maastricht sont-ils trop sévères ?," Revue d'Économie Financière, Programme National Persée, vol. 71(2), pages 225-244.
    • Handle: RePEc:prs:recofi:ecofi_0987-3368_2003_num_71_2_4859
    DOI: 10.3406/ecofi.2003.4859
    Note: DOI:10.3406/ecofi.2003.4859
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    References listed on IDEAS

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    1. Willem H. Buiter & Clemens Grafe, 2002. "Anchor, float or abandon ship: exchange rate regimes for the accession countries," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 55(221), pages 111-142.
    2. Mongelli, Francesco Paolo, 2002. "ìNew" Views on the Optimum Currency Area Theory: What is EMU Telling US?," Royal Economic Society Annual Conference 2002 140, Royal Economic Society.
    3. André Sapir & Marco Buti, 1998. "Economic policy in EMU," ULB Institutional Repository 2013/8078, ULB -- Universite Libre de Bruxelles.
    4. György Szapáry, 2000. "Maastricht and the Choice of Exchange Rate Regime in Transition Countries During The Run-Up to EMU," MNB Working Papers 2000/7, Magyar Nemzeti Bank (Central Bank of Hungary).
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    More about this item

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies
    • F15 - International Economics - - Trade - - - Economic Integration
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies

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