Issues regarding euroisation in regions neighbouring the euro area

M. Desecures and Cyril Pouvelle

Quarterly selection of articles - Bulletin de la Banque de France, 2007, issue 10, 5-23

Abstract: De jure or de facto unilateral euroisation is not free from the potential risks to financial stability of the countries concerned. It cannot replace accession to the euro area, which requires the respect of European monetary union convergence criteria.

Keywords: euroisation/dollarisation; international currency; financial stability. (search for similar items in EconPapers)
JEL-codes: E41 E42 F31 F33 (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:quarte:2007:10:01

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