Following their EU accession, the new member countries from Central and Eastern Europe (CEE) must achieve sustainable price stability as one of the pre-conditions for joining the Economic and Monetary Union (EMU) and adopting the euro. This paper examines the distribution dynamics of inflation rates in ten EU members from ...Download Now
The root cause of financial crisis is the initially gradual and eventually rapid separation of expected returns from what the real economy can actually generate. Ultimately, evidence of the relative under performance of the non-financial sector will become known. Shock, negative repercussions, and contagion result. Depending on the magnitude, the ...Download Now
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