EMU [electronic resource].
Publishing, OECD.
Organisation for Economic Co-operation and Development StaffCorporate Author
Paris : Organisation for Economic Co-operation and Development,
2000.
Europe's single currency was launched a bit more than a year ago for eleven of the fifteen countries of the Union. This study assesses economic developments and policies during the inaugural year of the new regime. It analyses the economic performance and prospects of the euro area as a whole, and highlights to what extent aggregate trends are shaped by convergence or divergence at national or regional levels. Macroeconomic policies are discussed in depth. The common monetary policy carried out by the Eurosystem and the underlying framework are scrutinised, as is the co-ordination of national 
Description based upon print version of record.
Table of contents; Overview; I. Recent developments and prospects in the euro area; Figures; Boxes; Tables; II. Monetary policy and financial stability; III. Fiscal policy in the short and longer run; IV. Market structure and macroeconomic performance; Notes; Glossary of acronyms; Bibliography; Annexes
Europe's single currency was launched a bit more than a year ago for eleven of the fifteen countries of the Union. This study assesses economic developments and policies during the inaugural year of the new regime. It analyses the economic performance and prospects of the euro area as a whole, and highlights to what extent aggregate trends are shaped by convergence or divergence at national or regional levels. Macroeconomic policies are discussed in depth. The common monetary policy carried out by the Eurosystem and the underlying framework are scrutinised, as is the co-ordination of national 
Economic and Monetary Union.
European Union countries -- Economic conditions.
Industrial organization (Economic theory).
Monetary policy -- European Union countries.