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The Future Perspectives on the ‘Convergence Criteria’ of the EU

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  • Gieyoung Lim
  • Zie-eun Yang

Abstract

Should the same convergence criteria be applied to the countries that are relatively poorer in the region, or will the Commission try to revise the rules by request of the French and German governments? Due to the larger economies' economic under-performance in recent years, even the European Commission are taking account of the revision of some of the criteria. Are there any other possibilities except for the revision of the criteria? In this paper, we focus on the future prospect of the convergence criteria and suggest the possible scenarios for those questions.

Suggested Citation

  • Gieyoung Lim & Zie-eun Yang, 2007. "The Future Perspectives on the ‘Convergence Criteria’ of the EU," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 10(2), pages 177-192, September.
    • Handle: RePEc:sae:intare:v:10:y:2007:i:2:p:177-192
    DOI: 10.1177/223386590701000211
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    References listed on IDEAS

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    1. Frensch, Richard, 2001. "Some perspectives on currency relations between EMU and Central and East European EU accession countries," Economic Systems, Elsevier, vol. 25(3), pages 175-181, September.
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    Keywords

    convergence criteria; eurozone;

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