Artikel

Monetary integration beyond theory: Euro area practical achievements

Concerns about the monetary integration issue have lasted for over five decades, outlining several criteria which embody the theory of optimum currency areas. Although the European monetary integration pattern is not based on this theory, it often serves as a reference in assessing the opportunity of adopting the euro for the candidate countries. Based on the optimum currency area criteria, the paper focuses on the euro area experience, and identifies some specific features for this currency area. These particularities are both in terms of theoretical criteria and in terms of recent challenges at the European level, challenges that require a viable reform for euro area in the near future.

Sprache
Englisch

Erschienen in
Journal: Financial Studies ; ISSN: 2066-6071 ; Volume: 22 ; Year: 2018 ; Issue: 4 (82) ; Pages: 6-24 ; Bucharest: Romanian Academy, National Institute of Economic Research (INCE), "Victor Slăvescu" Centre for Financial and Monetary Research

Klassifikation
Wirtschaft
Economic Integration
Macroeconomic Issues of Monetary Unions
Thema
optimum currency area
economic convergence
political decisions

Ereignis
Geistige Schöpfung
(wer)
Criste, Adina
Ereignis
Veröffentlichung
(wer)
Romanian Academy, National Institute of Economic Research (INCE), "Victor Slăvescu" Centre for Financial and Monetary Research
(wo)
Bucharest
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Criste, Adina
  • Romanian Academy, National Institute of Economic Research (INCE), "Victor Slăvescu" Centre for Financial and Monetary Research

Entstanden

  • 2018

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