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EMU and the Developing Countries

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  • Benjamin J. Cohen

Abstract

The purpose of this paper is to explore economic and political implications of Europe's Economic and Monetary Union (EMU) for developing countries. In strictly economic terms, influences will be communicated through both trade and financial channels. Economies in the developing world will be affected by changes in European growth rates as well as by EMU's impact on transactions costs and enterprise competitiveness within Europe; they will also be impacted by changes in the structure and efficiency of Europe's capital markets.

Suggested Citation

  • Benjamin J. Cohen, 2000. "EMU and the Developing Countries," WIDER Working Paper Series wp-2000-177, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2000-177
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    File URL: https://www.wider.unu.edu/sites/default/files/wp177.pdf
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    Cited by:

    1. Niessner, Birgit, 2004. "Außenhandel und Entwicklung der Schwerpunktländer der österreichischen Entwicklungszusammenarbeit," ÖFSE-Forum, Austrian Foundation for Development Research (ÖFSE), volume 23, number 23.
    2. Miotti, Luis Egidio & Plihon, Dominique & Quenan, Carlos, 2002. "Euro and the financial relations between Latin America and Europe: medium- and long-term implications," Macroeconomía del Desarrollo 5354, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).

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