Social Sciences
8 years ago

Croatia's lag in trade integration may hinder Eurozone readiness.

Ekonomska misao i praksa
Is Croatia ready for the EMU?: An ex ante analysis of nominal and real convergence
Dražen Derado, Antonela Mlikota

Paper Summary

Croatia is getting ready to join the European Monetary Union (EMU). The study looked at whether Croatia meets the requirements for successful monetary integration. They found that Croatia is doing well in terms of stability, but needs to improve trade integration and production structure to catch up with other EU countries.

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