Template-type: ReDIF-Paper 1.0
Author-Name: Neven Valev 
Author-Email: nvalev@gsu.edu
Author-Homepage: http://aysps.gsu.edu/ValevN.html
Author-Workplace-Name:  International Studies Program. Andrew Young School of Policy Studies, Georgia State University
Author-Workplace-Homepage:  https://icepp.gsu.edu/
Title: From a Currency Board to the Euro: Public Attitudes toward Unilateral Euroization in Bulgaria 
Abstract: Bulgaria has operated a currency board since 1997. It is expected to join the EU in 2007 and the EMU thereafter.
 This paper uses survey data to analyze public attitudes toward adoption of the euro in advance of EMU membership.
 Bulgarians are equally split in support for and opposition to euroization. The reasons to support euroization include
 the eliminated risk of currency devaluation and the perception that the euro is already widely used in the economy.
 The opposition derives from people’s attachment to the national currency and from concerns about the conversion costs
 involved in a switch to the euro. 
Keywords: Euroization; Dollarization; Euro; Survey Data; Bulgaria; Currency Boards 
Length: 26 pages
Creation-Date: 2004-11-01
File-URL:http://icepp.gsu.edu/files/2015/03/ispwp0423.pdf
File-Format:Application/PDF
Handle: RePEc:ays:ispwps:paper0423