Enlarging the Euro Area External Empowerment and Domestic Transformation in East Central Europe

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ISBN: 9780199277674 | 0199277672
Cover: Hardcover
Copyright: 1/11/2007

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This book offers the first in-depth and systematic analysis of the challenges of the Euro Area and the eastward enlargement of the European Union. Combing country and sectoral case studies with a thematic treatment, it focuses in particular on how the prolonged process of accession to the Euro Area is affecting domestic economic policies in the accession states of east central Europe.

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List of Figures	p. xi
List of Tables	p. xii
Notes on Contributors	p. xv
Introduction	p. 1
Euro Entry as Defining and Negotiating Fit: Conditionality, Contagion, and Domestic Politics	p. 7
European and Global Contexts	p. 45
EMU and the New Member States: Strategic Choices in the Context of Global Norms	p. 47
Real Convergence and EMU Enlargement: The Time Dimension of Fit With the Euro Area	p. 71
Economic Adjustment and the Euro in New Member States: The Structural Dimension of Fit	p. 90
Optimal Economic Governance in an Enlarged European Union: Scenarios and Options	p. 108
Domestic Political and Policy Contexts	p. 125
The Baltic States: Pacesetting on EMU Accession and the Consolidation of Domestic Stability Culture	p. 127
From Laggard to Pacesetter: Bulgaria's Road to EMU	p. 145
From Pacesetter to Laggard: The Political Economy of Negotiating Fit in the Czech Republic	p. 160
The First Shall Be the Last? Hungary's Road to EMU	p. 178
Poland: Unbalanced Domestic Leadership in Negotiating Fit	p. 197
Persistent Laggard: Romania as Eastern Europe's Sisyphus	p. 215
Patterns of Sectoral Governance	p. 235
Financial Market Governance: Evolution and Convergence	p. 237
EMU and Fiscal Policy	p. 261
EMU and Welfare State Adjustment in Central and Eastern Europe	p. 279
Domestic Transformation, Strategic Options and 'Soft' Power in Euro Area Accession	p. 301
References	p. 328
Index	p. 353
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Enlarging the Euro Area External Empowerment and Domestic Transformation in East Central Europe

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