Maastricht Criteria of…Divergence?

Paleta, Tomáš

doi:10.2478/v10135-012-0005-7

Cited by 4 publications

(4 citation statements)

References 16 publications

(28 reference statements)

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“…The EU accession criteria have been widely criticized in reference to both CEE countries 12 and the Western Balkans.…”

Section: But How Coherent and Valid Are The Maastricht Criteria For W...mentioning

confidence: 99%

The Maastricht Treaty and the accession of the Western Balkans. Reflections at its 30th anniversary over the coherence in the EU integration processes.

Musaraj¹

2023

Academicus International Scientific Journal

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At its 30th anniversary, the Maastricht Treaty remains a milestone in the history and practice of the European Union. This referring to the adhesion process, since the set of conditions that a country must accomplish have been settled and derived by the treaty, but also for the fact that now, after 20 years of entering in force, the Euro, the Union currency, has performed and faced different consecutive challenges, thus becoming observable concerning it effects and role, and as a consequence, its theoretical and practical validity. But there is yet a vast area, in the center of Europe, that is still dragging on its calvary of adhesion, that of the Western Balkans. At this point, considering the processes that the countries of this area have been going through, by pursuing the adhesion path, the analysis of the dominating factors that have determined the trajectory of their EU membership, becomes essential. The paper questions and analyses the validity of the Maastricht Treaty and subsequent criteria for the adhesion of the Western Balkan countries, as well as highlights on the ‘ad-hoc’ criteria and evaluations often applied during the process and their consequences in terms of the attitudes of the Balkan populations and their determination toward the EU and the Western Balkans adhesion.

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“…The EU accession criteria have been widely criticized in reference to both CEE countries 12 and the Western Balkans.…”

Section: But How Coherent and Valid Are The Maastricht Criteria For W...mentioning

confidence: 99%

The Maastricht Treaty and the accession of the Western Balkans. Reflections at its 30th anniversary over the coherence in the EU integration processes.

Musaraj¹

2023

Academicus International Scientific Journal

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“…Several papers have studied the economic and policy process followed for the creation of the European Monetary Union (EMU) and its effects (Buiter, 2005;Dobrinsky, 2006;Jabko, 1999;Jonas, 2006;Paleta, 2012;Wyplosz, 2006). The process can be divided into three stages.…”

Section: The European Monetary Union and The Inflation Criteriamentioning

confidence: 99%

“…After the launch of the European Monetary Union in 1990, the Treaty of Maastricht set several criteria that national economies had to satisfy to participate in the euro. One of these criteria was that the inflation level of the participants in the euro could not be higher than 1.5% above the average of the EU countries with the three lowest inflation rates (Kenen & Meade, 2003;Jonas, 2006;Lewis, 2009;Lewis & Staehr, 2010;Paleta, 2012). In 1994, the European Monetary Institute, the precursor of the European Central Bank, was created with the objective of supervising the attainment of the Maastricht conditions before the introduction of the euro in 1999.…”

Section: Introductionmentioning

confidence: 99%

Conflicting national policies: The creation of the euro and the rebalancing of telecommunications prices

Calzada

Díaz-Serrano²

2023

Telecommunications Policy

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“…Whether these standards are a viable choice as entrance criteria for a currency union has already been discussed by several economists. For instance, Paleta (2012) examined that the focus on price stability could worsen the effectiveness of a common currency if actual economic factors are not taken into consideration. He discusses Greece as an example of a country joining the currency union on a completely different economic level than the rest of the eurozone.…”

Section: * * *mentioning

confidence: 99%

Optimum currency areas: State of research, the European Monetary Union

Drossart-Demond

2023

ekon

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The present paper deals with optimum currency areas (OCA). Its main goal is to give a synthesis of the central research areas in this field and provide a link to the real-life example of the European Monetary Union (EMU). Overall, the paper will possibly uncover potential areas for further research, and thus may be able to serve other researchers. The article illustrates the original OCA theory by Robert Mundell and further important research built upon it. The OCA criteria resulting from the foregoing research are then placed aside the actual Maastricht criteria set up by the European Union, necessary to fulfil for joining the eurozone. The question of whether these criteria are even necessary is examined alongside the topic of endogeneity, which is a relatively new field of research in the OCA field. Lastly, the pros and cons of joining a single currency area are analyzed, before the author provides suggestions for potential future research.

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Maastricht Criteria of…Divergence?

Cited by 4 publications

References 16 publications

The Maastricht Treaty and the accession of the Western Balkans. Reflections at its 30th anniversary over the coherence in the EU integration processes.

The Maastricht Treaty and the accession of the Western Balkans. Reflections at its 30th anniversary over the coherence in the EU integration processes.

Conflicting national policies: The creation of the euro and the rebalancing of telecommunications prices

Optimum currency areas: State of research, the European Monetary Union

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