Artikel
Financial stability in the eurozone
Financial stability inside the European Monetary Union (EMU) is a trendy topic in most developed countries around the world. From the moment the EMU was brought to life, there was much speculation about its imperfections, inadequate management, and vulnerability. Some of them have turned out to be true, while others have been proved invalid. Nevertheless, the debt crisis has demonstrated inadequacies in the EMU's structure and proved that a higher degree of integration is necessary in order to guarantee the robustness of the common currency and fully utilize its potential. This article summarizes the most serious doubts with respect to the functioning of the monetary union and evaluates their credibility over time. New financial stability-securing solutions are also described and analyzed as to whether they are sufficient to prevent Europe from stumbling from one crisis to another. The subject is analyzed over different periods of time - firstly describing the term "financial stability", along with the major concerns about the process of introducing the euro at the time of its finalization and implementation. Secondly the article describes how these preceding doubts have been verified during the following fourteen years of the EMU's functioning. The revealed weaknesses of the EMU are also underlined in order to prove the need of further integration. The final section summarizes the solutions implemented in response to the crises that have hit Europe during the time of the Euro's functioning.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Comparative Economic Research. Central and Eastern Europe ; ISSN: 2082-6737 ; Volume: 19 ; Year: 2016 ; Issue: 1 ; Pages: 157-177 ; Warsaw: De Gruyter
- Klassifikation
-
Wirtschaft
- Thema
-
financial stability
EMU
euro
financial institutions
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Zielińska, Klaudia
- Ereignis
-
Veröffentlichung
- (wer)
-
De Gruyter
- (wo)
-
Warsaw
- (wann)
-
2016
- DOI
-
doi:10.1515/cer-2016-0009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Zielińska, Klaudia
- De Gruyter
Entstanden
- 2016
Ähnliche Objekte (12)
Fiscal-Monetary-Financial Stability Interactions in a Data-Rich Environment
A Comparative Analysis of Fiscal Policy Changes in Selected European Union Countries outside the Eurozone
Spillover effects of unconventional monetary policy on capital markets in the shadow of the Eurozone: A sample of non-Eurozone countries
ECB-Eurogroup Conflicts and Financial Stability in the Eurozone
The impact of seven macroprudential policy instruments on financial stability in six euro area economies
Monetary policy transmission and the labour market in the non-eurozone Visegrad Group Countries in 2000-2014: Evidence from a SVAR Analysis
The financial crisis, austerity policy and Greece
Financial markets and the challenges of sustainable growth
Convergence between Kazakhstans's financial systemand international standards: Overcoming difficulties
Financial participation in Poland in comparison to other EU countries
The process approach in the financial management of insurance firms
The relationship between workers' financial participation in companies and economic results
Fiscal-Monetary-Financial Stability Interactions in a Data-Rich Environment
A Comparative Analysis of Fiscal Policy Changes in Selected European Union Countries outside the Eurozone
Spillover effects of unconventional monetary policy on capital markets in the shadow of the Eurozone: A sample of non-Eurozone countries
ECB-Eurogroup Conflicts and Financial Stability in the Eurozone
The impact of seven macroprudential policy instruments on financial stability in six euro area economies
Monetary policy transmission and the labour market in the non-eurozone Visegrad Group Countries in 2000-2014: Evidence from a SVAR Analysis
The financial crisis, austerity policy and Greece
Financial markets and the challenges of sustainable growth
Convergence between Kazakhstans's financial systemand international standards: Overcoming difficulties
Financial participation in Poland in comparison to other EU countries
The process approach in the financial management of insurance firms
The relationship between workers' financial participation in companies and economic results
Fiscal-Monetary-Financial Stability Interactions in a Data-Rich Environment
A Comparative Analysis of Fiscal Policy Changes in Selected European Union Countries outside the Eurozone
Spillover effects of unconventional monetary policy on capital markets in the shadow of the Eurozone: A sample of non-Eurozone countries
ECB-Eurogroup Conflicts and Financial Stability in the Eurozone
The impact of seven macroprudential policy instruments on financial stability in six euro area economies
Monetary policy transmission and the labour market in the non-eurozone Visegrad Group Countries in 2000-2014: Evidence from a SVAR Analysis
The financial crisis, austerity policy and Greece
Financial markets and the challenges of sustainable growth
Convergence between Kazakhstans's financial systemand international standards: Overcoming difficulties
Financial participation in Poland in comparison to other EU countries
The process approach in the financial management of insurance firms