Convergence: Are the Eurozone countries too different? Bertelsmann Stiftung EUROPA Briefing 2017

auf dem Brinke, Anna (2017) Convergence: Are the Eurozone countries too different? Bertelsmann Stiftung EUROPA Briefing 2017. [Policy Paper]

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Abstract

The Eurozone countries are economically different. The crisis has rendered some of these differences more acute and this could destabilize the currency union. The Eurozone countries therefore need to agree on which type of convergence is most important to them and the best way to achieve it. In what areas should they converge? What differences could or should remain? And what policy instruments are required to achieve this?

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