Costs and Benefits of the EMU Essay
Essay question: Discuss the main costs and benefits of Monetary Union in the EU. Name: Joao Santos Ten years ago, the euro began to circulate as a common currency of the countries of the European Union, including Greece and Slovakia. 1The macroeconomic costs and benefits of EMU and other monetary unions: a review of recent research. Journal of Economic 7500 DOI:10.2307 20778763. The outcome of the decision to join or not to join the European Monetary Union, an irreversible policy choice for several members of the European Union, entails potentially significant costs and benefits. With a focus on the largest EU economy outside the euro, Sweden, this article applies the new synthetic control method to evaluate the economy.,