Series: IMF Working Papers
Author(s): Helge Berger
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2002
Keywords: Economic and Monetary Union (EMU), transition countries, accession countries, inflation, central bank, monetary fund, monetary policy decisions, Models of Political Processes: Rent-seeking, Elections, Legislatures
The likely enlargement of euro-area membership will radically change the environment under which monetary policy will be made in the euro area. Within less than a decade, the number of member countries in the euro...