Arbeitspapier
Monetary union and economic growth
This paper discusses possible links between monetary arrangements in particular monetary union and economic growth. It is stressed 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 to conditions for sustainable growth by securing and maintaining price stability; monetary union might extend this. It might also deepen the single market. The elimination of nominal exchange rate movement among members of the union removes some sources of shock but also some ways of adjusting to shocks. This underlines the importance of other adjustment mechanism especially supply-side flexibility, which is crucial for growth in any event.
- Sprache
-
Englisch
- Erschienen in
-
Series: NBB Working Paper ; No. 10
- Klassifikation
-
Wirtschaft
- Thema
-
Wirtschaftswachstum
Eurozone
Geldpolitik
EU-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Vickers, John
- Ereignis
-
Veröffentlichung
- (wer)
-
National Bank of Belgium
- (wo)
-
Brussels
- (wann)
-
2000
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Vickers, John
- National Bank of Belgium
Entstanden
- 2000
Ähnliche Objekte (12)
Economic Integration and Monetary Union
Monetary Union, Entry Conditions and Economic Reform.
Implications of the monetary union convergence for the rate of economic growth in Poland
Optimal Economic Growth Using Fiscal and Monetary Policies
Legal aspects of European Economic and Monetary Union
Trade Union Objectives and Economic Growth
The Economic and Monetary Union: Current and Future Prospects
Evolution of economic governance in the European Monetary Union
Harbingers of modernity: Monetary injections and European economic growth, 1492-1790
Creation and evolution of European economic and monetary union: Lessons for Asian economic integration
Macroeconomic policies of the Economic Monetary Union: theoretical underpinnings and challenges
The Effects of European Economic and Monetary Union on Wage Behaviour
Economic Integration and Monetary Union
Monetary Union, Entry Conditions and Economic Reform.
Implications of the monetary union convergence for the rate of economic growth in Poland
Optimal Economic Growth Using Fiscal and Monetary Policies
Legal aspects of European Economic and Monetary Union
Trade Union Objectives and Economic Growth
The Economic and Monetary Union: Current and Future Prospects
Evolution of economic governance in the European Monetary Union
Harbingers of modernity: Monetary injections and European economic growth, 1492-1790
Creation and evolution of European economic and monetary union: Lessons for Asian economic integration
Macroeconomic policies of the Economic Monetary Union: theoretical underpinnings and challenges
The Effects of European Economic and Monetary Union on Wage Behaviour
Economic Integration and Monetary Union
Monetary Union, Entry Conditions and Economic Reform.
Implications of the monetary union convergence for the rate of economic growth in Poland
Optimal Economic Growth Using Fiscal and Monetary Policies
Legal aspects of European Economic and Monetary Union
Trade Union Objectives and Economic Growth
The Economic and Monetary Union: Current and Future Prospects
Evolution of economic governance in the European Monetary Union
Harbingers of modernity: Monetary injections and European economic growth, 1492-1790
Creation and evolution of European economic and monetary union: Lessons for Asian economic integration
Macroeconomic policies of the Economic Monetary Union: theoretical underpinnings and challenges