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Title: | Malta moving towards euro adoption : nominal and real convergence issues |
Authors: | Borg Cardona, Nicholas (2006) |
Keywords: | Monetary unions -- European Union International economic integration International economic relations Money -- Malta |
Issue Date: | 2006 |
Citation: | Borg Cardona, N. (2006). Malta moving towards euro adoption : nominal and real convergence issues (Bachelor's dissertation). |
Abstract: | On the 1 st of May 2004, Malta became a member of the European Union (EU) and joined the Economic and Monetary Union (EMU) with the status of a "member state with a derogation". This date marked a definite commitment by the Republic of Malta to move towards adopting the European Union's single currency, the Euro. Since its introduction on the 1 st of January 1999, the currency has developed into one of the most intricate economic exercises ever implemented, and Malta looks to join the EMU as a full member, adopting the Euro in 2008. The adoption of the single currency will further contribute to the process of Malta's economic integration with the EU. This study presents a review of Malta's position in its quest for Euro adoption, particularly regarding the nominal and the real convergence criteria involved. Through a comparison of Malta's economy to the Euro zone in terms of these criteria, a proposed competitive strategy is presented, and the implications of adopting the single currency are considered. |
Description: | B.COM.(HONS)ECONOMICS |
URI: | https://www.um.edu.mt/library/oar/handle/123456789/83363 |
Appears in Collections: | Dissertations - FacEma - 1959-2008 Dissertations - FacEMAEco - 1971-2010 |
Files in This Item:
File | Description | Size | Format | |
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B.COM.(HONS)ECONOMICS_Borg-Cardona_Nicholas_2006.pdf Restricted Access | 5.87 MB | Adobe PDF | View/Open Request a copy |
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