Vitor Gaspar

Marco Buti

João Nogueira Martins

Servaas Deroose

On 1 January 1999 eleven EU Member States adopted a new currency - the euro. The introduction of the euro was a remarkable feat in the history of European monetary, financial, economic and political integration. It was an event of worldwide significance. Despite much criticism and predictions that it would quickly collapse, the first decade of the euro has been a remarkable success. The euro area has now expanded to 16 members with a combined population of 326 million and contributes 16 per cent of global output. This 2010 book was the first to provide a wide-ranging strategic review of the first decade of the euro. Written by an impressive line-up of academic and professional economists, The Euro: The First Decade is an invaluable reference for scholars and policy makers who wish to know more about the successes and failures of the euro and the challenges that lie ahead.

The First Decade

The Euro

Luis Gordo Mora

Recoge: 1. Introduction - 2. Quality of Statistics: A multidimensional Concept - 3. Data Available and Reliability Indicators - 4.Comparing The Reliability of Deficit Data among Different Countries - 5. Inferring Future Revisions - 6.Comparing deficit and debt revisions - 7. Evolution of reliability over time -8.Comparing size of revisions and size of deficit - 9. Conclusions.

João Nogueira Martins

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