https://richesflores.com GLOBAL MACRO AND THEMATIC INDEPENDENT RESEARCH Fri, 20 Jun 2014 10:17:24 +0000 fr-FR hourly 1 https://wordpress.org/?v=6.8.5 https://richesflores.com/wp-content/uploads/2019/05/cropped-LogoRFRSquare512-32x32.png https://richesflores.com 32 32 https://richesflores.com/2014/01/03/strong-buy-latvia-2/ Fri, 03 Jan 2014 17:52:05 +0000 https://richesflores.com/?p=2627 + 6: That’s how many countries have joined the European Monetary Union since 2007. At the rate we’re going, the EMU could expand from 18 to 25 members within ten years, or even more—unless, of course, it sheds a few and actually shrinks. But who’s to know, and how to know, where such a deeply dysfunctional currency bloc is heading?
Latvia’s EMU membership offers a good opportunity to step back and focus on a crucial underlying issue often overlooked by economists: fast-tracking insufficiently developed economies into the currency bloc is irresponsible policy. ]]>