Results 11 to 20 of about 13,345 (262)

THE IMPOSSIBLE TRINITY OF DEVELOPING COUNTRIES – THE GREEK EXAMPLE [PDF]

Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2023
The mobility of factors of production from the very beginnings of the theory of the optimal currency area (OCA) stands out as one of the primary mechanisms for achieving a balance of payments, i.e.
Dragan Gligorić, Miloš Grujić, Boško Mekinjić   +2 more
doaj   +1 more source

Empirical Results for Some Monetary Areas According to Optimum Currency Area Criteria

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2015
The euro area is the biggest monetary union in the World. In post-crisis time, the possibilities of creation a new monetary union are discussed again.
Emil Adámek, Stanislav Kappel
doaj   +1 more source

Fiscal aspects of the European monetary integration [PDF]

Zbornik Radova Pravnog Fakulteta u Nišu, 2014
Along with the introduction of the euro as a single currency, importance of respecting the fiscal aspects which determine longevity of the monetary arrangement is recognized.
Golubović Srđan
doaj   +1 more source

Monetary policy and wage bargaining in the EMU: restrictive ECB policies, high unemployment, nominal wage restraint and inflation above the target

PSL Quarterly Review, 2012
Assessing the effects of monetary policy and wage bargaining on employment andinflation in the European Monetary Union (EMU), the first step sees development of a Post-Keynesian competitive claims model of inflation with endogenous money.
Eckhard Hein
doaj   +1 more source

The EMU is Done. How about the Fiscal Union and the Next Future of the United Europe? [PDF]

Theoretical and Applied Economics, 2009
The economic and monetary union was actually compulsory, despite that the Maastricht Treaty does not express as such. Moreover, specialists argue that the monetary union is equally required to be fiscal as well. And what is this? Of course, strenghtening
Liviu C. Andrei
doaj   +1 more source

The role of the European Fiscal Board in the EU fiscal system [PDF]

Zbornik Radova Pravnog Fakulteta u Nišu, 2019
The financial crisis, which culminated in the course of 2008, revealed all the shortcomings of the institutional framework of the European Economic and Monetary Union.
Golubović Srđan
doaj  

DOES MONETARY UNION DIFFUSE? THE FAILURE OF THE ECOWAS MONETARY UNION PLAN

Dinamika Global
In 2000, the Economic Community of West African States (ECOWAS) proposed the idea of a single currency. To this day, however, this plan remains unsuccessful despite several attempts being made to proceed with this ambition.
Farhan Abdul Majiid
doaj   +1 more source

IMPORTANCE OF THE EUROPEAN BANKING UNION NEW DIRECTIVES [PDF]

Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2014
European Banking Union has set new rules on monetary market especially for credit institutions and for financial banking groups in general. Economic and monetary union requires accomplishment of political and monetary union and democratic control of ...
MEDAR LUCIAN-ION , Irina-Elena Chirtoc
doaj  

Fragmented Monetary Unions

SSRN Electronic Journal
We provide a theory of financial fragmentation in monetary unions. Our key insight is that currency unions may experience of symmetry: that is episodes in which identical countries react differently when exposed to the same shock. During these events part of the union suffers a capital flight, while the rest acts as a safe haven and receives inflows ...
Fornaro, Luca, Grosse-Steffen, Christoph
openaire   +3 more sources

Monetary union and economic growth [PDF]

SSRN Electronic Journal, 2000
In this speech, John Vickers, Executive Director and Chief Economist at the Bank, discusses possible links between monetary arrangements - in particular monetary union - and economic growth. He stresses that growth depends ultimately on how the real economy works: there is no monetary magic that can conjure up growth. But monetary policy can contribute
openaire   +4 more sources