Bangkok Post- Building on the euro

Bangkok Post Monday- Building on the euro : On the positive side: The single currency has boosted international trade within the euro area, by about 10%. However, the more fundamental problem with the euro is that its adoption has not seriously pushed participating countries to address there underlying economic deficiencies. Yet, while reform efforts intensified throughout Europe in the late 1990s, both inside and outside of the euro area, there is little evidence that "ins" enacted more far-reaching and significant supply-side reforms than the "outs".