Challenges of the Economic and Monetary Union in the Context of the Economic Crisis

The economic and financial crisis which has affected the world economy since 2008 raised a question mark regarding the viability of the Economic and Monetary Union and the future of the euro. The main objective of this paper is to identify the amplitude of the effects of the economic crisis on the functioning and stability of EMU. Following the main objective, the study is meant to analyze the theoretic fundamentals which were at the basis of the creation of EMU and an analysis of the financial policies and instruments meant to render stability and sustainable economic growth in the countries of the Eurozone.

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Year of publication:	2012
Authors:	Valeanu, Ioana Laura
Published in:	CES Working Papers. - Iasi : Alexandru Ioan Cuza University of Iasi, Centre for European Studies, ISSN 2067-7693. - Vol. 4.2012, 4, p. 866-877
Publisher:	Iasi : Alexandru Ioan Cuza University of Iasi, Centre for European Studies
Subject:	Economic and Monetary Union \| Optimum Currency Areas \| euro zone \| economic crisis \| stabilization policies Romania

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	hdl:10419/198222 [Handle] RePEc:jes:wpaper:y:2012:v:4:i:4:p:866-877 [RePEc]
Classification:	E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; H63 - Debt; Debt Management ; G01 - Financial Crises
Source:	EconStor

Persistent link: https://www.econbiz.de/10012017051