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Statements

Subject Item

n2:RIV%2F47813059%3A19520%2F08%3A%230001670%21RIV12-GA0-19520___

rdf:type

skos:Concept n14:Vysledek

dcterms:description

This paper evaluates the first decade of the European Economic and Monetary Union (EMU). The main aim is to review both the key successes and principal failure. It also identifies the crucial challenges of EMU for the next years. With respect to achievements of the monetary integration, we put the emphasis principally on international role of the euro, financial integration in EMU and price stability. As regards to disappointments, we focus on slow output and productivity growth and cross-country dispersion in EMU. We identify enlargement as the critical challenge of EMU and analyze this from the perspective of Optimum Currency Area theory and degree of synchronicity between EMU and euro-candidate countries. Finally, we propose some institutional reforms of the European Central Bank that should improve its accountability. This paper evaluates the first decade of the European Economic and Monetary Union (EMU). The main aim is to review both the key successes and principal failure. It also identifies the crucial challenges of EMU for the next years. With respect to achievements of the monetary integration, we put the emphasis principally on international role of the euro, financial integration in EMU and price stability. As regards to disappointments, we focus on slow output and productivity growth and cross-country dispersion in EMU. We identify enlargement as the critical challenge of EMU and analyze this from the perspective of Optimum Currency Area theory and degree of synchronicity between EMU and euro-candidate countries. Finally, we propose some institutional reforms of the European Central Bank that should improve its accountability.

dcterms:title

TEN YEARS OF THE EUROPEAN MONETARY INTEGRATION: ACHIEVEMENTS, FAILURES AND CHALLENGES TEN YEARS OF THE EUROPEAN MONETARY INTEGRATION: ACHIEVEMENTS, FAILURES AND CHALLENGES

skos:prefLabel

TEN YEARS OF THE EUROPEAN MONETARY INTEGRATION: ACHIEVEMENTS, FAILURES AND CHALLENGES TEN YEARS OF THE EUROPEAN MONETARY INTEGRATION: ACHIEVEMENTS, FAILURES AND CHALLENGES

skos:notation

RIV/47813059:19520/08:#0001670!RIV12-GA0-19520___

n3:aktivita

n4:P

n3:aktivity

P(GA402/08/0067)

n3:cisloPeriodika

2

n3:dodaniDat

n6:2012

n3:domaciTvurceVysledku

n18:9301623

n3:druhVysledku

n16:J

n3:duvernostUdaju

n12:S

n3:entitaPredkladatele

n17:predkladatel

n3:idSjednocenehoVysledku

399422

n3:idVysledku

RIV/47813059:19520/08:#0001670

n3:jazykVysledku

n15:eng

n3:klicovaSlova

Economic and monetary union, euro, European Central bank, convergence, optimum currency area

n3:klicoveSlovo

n10:convergence n10:optimum%20currency%20area n10:Economic%20and%20monetary%20union n10:European%20Central%20bank n10:euro

n3:kodStatuVydavatele

CZ - Česká republika

n3:kontrolniKodProRIV

[671C6E776FDF]

n3:nazevZdroje

Acta academica karviniensia

n3:obor

n8:AH

n3:pocetDomacichTvurcuVysledku

1

n3:pocetTvurcuVysledku

1

n3:projekt

n11:GA402%2F08%2F0067

n3:rokUplatneniVysledku

n6:2008

n3:tvurceVysledku

Stavárek, Daniel

s:issn

1212-415X

s:numberOfPages

20

n13:organizacniJednotka

19520