Artikel

Euro – Advantages and Disadvantages

The adoption of a single currency was considered one of the most important successes of the effort to unify the countries of the European Union. Obviously, a common currency has indisputable advantages, the most important being that of stimulating trade in countries that have joined the Eurozone. Meanwhile, the euro has several disadvantages, the most important being that the excessive centralization of monetary policy in the European Union. Moreover, the introduction of a single currency generated some disadvantages, which to some extent can be considered drawbacks in terms of efficiency of resource allocation in the European Union countries.

Language
Englisch

Bibliographic citation
Journal: CES Working Papers ; ISSN: 2067-7693 ; Volume: 6 ; Year: 2014 ; Issue: 3 ; Pages: 60-67 ; Iasi: Alexandru Ioan Cuza University of Iasi, Centre for European Studies

Classification
Wirtschaft
Financial Aspects of Economic Integration
Subject
common currency
monetary policy
specialization
trade

Event
Geistige Schöpfung
(who)
Mursa, Gabriel
Event
Veröffentlichung
(who)
Alexandru Ioan Cuza University of Iasi, Centre for European Studies
(where)
Iasi
(when)
2014

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Mursa, Gabriel
  • Alexandru Ioan Cuza University of Iasi, Centre for European Studies

Time of origin

  • 2014

Other Objects (12)