A small eastern European economy asks your opinion about whether they should pursue the path to joining

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A small eastern European economy asks your opinion about whether they should pursue the path to joining the European Economic and Monetary Union (EMU) or simply “euroize” (i.e. dollarize by using the euro for all domestic transactions). What advice would you give?

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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