In the last lecture we looked at optimal currency area theory and the evidence to support the hypothesis the EU was one. We found something rather different, but still interesting. We have now almost finished the 'theory' part of the course, and are beginning to get down to the real nuts and bolts of the EU, beginning with the Common Agricultural Policy next week. But before we do so, we'll make a brief detour into the theory of economic growth and convergence, to see where we might all be headed. Click below to download the handout, grab the slides to write, or watch the slides online. Obviously the lecture will be broadcast afterward.
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