Study on the Impact of the Euro on Trade and Investment

Richard Baldwin , Virginia Dinino , Lionel Fontagné (1, 2, 3) , Roberto Desantis , Daria Taglioni

1 CES - Centre d'économie de la Sorbonne
2 CEPII - Centre d'Etudes Prospectives et d'Informations Internationales
3 PSE - Paris School of Economics

The introduction of the euro was an immense political and symbolic step towards an integrated Europe. It was also the world's largest economic 'experiment.' This experiment opens the door to a major advance in our understanding of how a common currency affects economic activity ranging from trade and foreign direct investment to wage-setting behaviour and corporate business strategies.

Mots clés: European monetary integration; trade; Foreign Direct Investment

Domaines: Economies et finances

Richard Baldwin, Virginia Dinino, Lionel Fontagné, Roberto Desantis, Daria Taglioni. Study on the Impact of the Euro on Trade and Investment. European Commission, pp.141, 2008, Economic papers (321). ⟨hal-00639943⟩