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EMU: A giant with feet of clay? [PDF]
Right from the beginning, the process of European integration has been influenced by the events of the international scene.This is why the memebers of the European Community soon raised the possibility of creating and consolidating a zone of monetary ...
Carmen Dolores Wehbe Herrera
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GOVERNING EUROPEAN UNION TO FINANCIAL STABILITY [PDF]
In the last four years, a significant part of the European Union members has recorded a real decline in the sustainability of their public debt. The failure of Greece, Italy, Belgium or Spain to easily find funding at previous interest rates has induced ...
Ion-Lucian CATRINA
doaj
Macroeconomic Surveillance Within the EU [PDF]
The new European Union (EU) economic governance package released by the European Commission on September 29, 2010 includes two major components, i.e., changes and amendments to the Stability and Growth Pact (SGP) and new regulation on the prevention and ...
Marek Dabrowski
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Banks, Politics and European Monetary Union [PDF]
This contribution to the panel on the future to EMU discusses the tensions that arise from the fact that banks are, on the one hand, an essential element of the monetary transmission mechanism and, on the other hand, an integral part of local, regional or national polities. Banking union can eliminate or at least reduce some of the procrastination that
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Reforming a suboptimal currency area
For more than two years, the most used expression in relation with the European Union refers to the imminent monetary „disintegration”. Such a scenario is not realistic at all, because it does not take into account the economic interdependencies existing
Ion-Lucian Catrina
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Indipendenza delle banche centrali in dodici paesi industrializzati
There has recently been worldwide interest in the question of greater monetary policy autonomy for central banks. According to the December 1991 Treaty on European Economic and Monetary Union (EMU), for example, the European Central Bank is supposed to ...
S. EIJFFINGER, E. SCHALING
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Is the EMU a viable common currency area? a VAR analysis of regional business cycles [PDF]
Many commentators are skeptical about the long-run viability of the European Monetary Union (EMU). This article compares the EMU with a well-functioning currency union, the U.S., and finds that they are similar based on key criteria. On the basis of this
Michael A. Kouparitsas
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Central bank independence in twelve industrial countries
There has recently been worldwide interest in the question of greater monetary policy autonomy for central banks. According to the December 1991 Treaty on European Economic and Monetary Union (EMU), for example, the European Central Bank is supposed to ...
S. EIJFFINGER, E. SCHALING
doaj +1 more source
Monetary unions - European Union countries ; European Central Bank ; European Economic ...
Carl W. Walsh
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A macroeconomic assessment of the European Monetary Union. EUMA Paper Vol. 7, No. 5, April 2010 [PDF]
Since the inception of Euro in 1999, a single currency and the Economic and Monetary Union (EMU) have past more than ten years. By and large, stepping into EMU represents one of the key aspects of EU’s successful integration.
Wang., Qin
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