The country of nearly 6.7 million people was one of the poorest when it first became a member of the European Union in 2007.
The Eastern Caribbean Currency Union (ECCU) has undergone a strong rebound, led by tourism and investment, and supported by policies that helped moderate the impact from successive external shocks.
In our European Economic Review (2002) paper, we used pre‐1998 data on countries participating in and leaving currency unions to estimate the effect of currency unions on trade using (then‐) ...
As Greece and its euro zone lenders hammer out the details of its third bailout package, the focus is on budget deficits and other financial fixes. But if history is any guide, politics — not ...
The United Arab Emirates has informed the secretariat of the Gulf Cooperation Council that it is pulling out of the proposed GCC monetary union, according to a report by the country’s official news ...
As we watch our economy collapse under the weight of doubt, debt, and deficit, it is well to recall that where financial troubles exist, so do rumors. For some five years, some conspiracy minded ...
PRAGUE (Reuters) - Policymakers wondering how a euro zone disintegration would play out could do worse than study one monetary union collapse that went well: the split of the Czech-Slovak currency ...
The Eastern Caribbean Currency Union (ECCU) has been providing a strong anchor for macroeconomic stability in a shock-prone region, demonstrated most recently by Hurricane Beryl with its devastating ...