European Monetary Union: Transition, International Impact and Policy Options by
75,09 €
One may anticipate generous interpretations of the fiscal convergence criteria. 2% in 1997 and even 3. 9% in 1998. A Italian deficitlGDP ratio fully developed EMU group (with all 15 cowltries included) would represent 38% of the OECD GDP, slightly higher than the U. S. with 33% (Japan 21%).
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